Who to blame for the mortgage crisis? Brokers, Bankers, Other?
Started by stoogeh8tr
about 17 years ago
Posts: 37
Member since: Aug 2009
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you.
ditto.... a sad RE Borker blogger.. .howz the bank acct going... slow bleed.... hope you saved your nutz during the summer... cause I hear this is a nuclear winter for your species....
Every GREEDY person involved from the agents who sold the properties, to the banks who gave the mortgages to companies like AIG who bought mortgage loans they KNEW were bad and then sold them for profit. I highly doubt that ALL of these people are Democrats. I'm sure some, especially the very wealthy bankers, were Republicans too.
I think there is quite a lot of blame to go around. I would include every single person who ever said "Real estate always bounces back" or "Buy now, or be priced out forever". Not everyone who said that was a real estate broker or a wealthy banker.
the OP reminds me of someone. hmmm...
democrats unqualified buyers
stoogeh8tr