Analysis: Some homes loans were through the roof
Between the greedy mortgage companies who broke their own lending standards, (loan to value, etc), and the borrowers who went after a loan - maybe an adjustable rate loan, with a total amount 4 times their annual income, what can you say but...
FRAUD!
This is consumer level doing exactly what corporate level was doing on Wall Street. And what do they get?
FREE MONEY.
Where is the penalty for crimes committed? And why is this now MY problem too?
About Me - the dog...
- CoCo
- I like to keep a little mystery about myself but I am a mix of Black Lab, German Shepherd, and Pit Bull. I come up with insightful things to say and my human types them for me. I am more well-traveled than many humans and I know what pets like to do and where they like to stay.
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