> Dana wrote: > realizing that loans carry interest, people. You don't send people to jail > because the people who signed your contracts didn't read them.
True, but it takes 2 to tango or buyer-beware; whichever you'd like. The people going to jail are going to jail because they broke the rules that are supposed to constrain them from approving risky mortgages. That still means someone had to accept and sign for the risky mortgage. Put another way, they're going to jail because they were supposed to follow the risk rules, but didn't. But why were the mortgages risky in the first place? Because the borrowers were doing something stupid! In this case the legal onus is on the borrower to ensure they're not being stupid - but that doesn't mean the borrower wasn't. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:262793 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
