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Making sense of the mortgage system collapse
#7
It was greed on all levels.

Were the home owners completely innocent? I don't think so. Like the guy in the podcast that was given a $500,000 loan. No matter what a shyster mortgage broker says; he could not afford a house that expensive on his income.

We have got to do our best to live within our means.
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Re: Making sense of the mortgage system collapse - by MacArtist - 05-12-2008, 04:27 PM

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