>Of course it wasn't the home sellers and home buyers. They're just >innocent bystanders.
For the most part they are. Most people know less about buying real estate than they know about buying computers. Just look at how many people buy Windows because somebody told them to. If they knew what they were doing they would never do that. Do you really think that people wanted to get foreclosed and have their belongings set out on the curb? Is that your idea of fun? People were assured by professionals that they qualified for the loan. They took the word of the professionals at face value. They followed the advice. I have never head any advice to get a second opinion on a mortgage. A person may shop around for a better rate, but you don't shop around looking for somebody who refuses to give you the loan. That would be nuts. Your view is, once again, a hyperunreality that only neocons live in. ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
