Quote:
Originally Posted by Aquila
The the FDIC forecasted that this could happen and lenders sold ARMs and subprime loans anyway. People trusted their bankers to only qualify them for what they could afford. Sadly too many people let the banks put them into this position.
|
I have to go spend 3 hours answering questions about law tha doesn't even exist anymore, then take a lunch and do it again, but once again those bent to the left lay the blame anywhere but where it belong.
They let the banks put them in this position? NO! They asked the banks for the loans, and didn't have the common sense to figure out that they wouldn't be able to pay the bill. I don't have time to deal with the half truths in the rest of the posts this morning.