[HighlyOpinionated]

You know, I rarely see anyone talking (so far) about the fact that Congress pressured banks to make home loans to people who should have never had home loans. I have also wondered if another piece of the puzzle was the fact that they could make the loan and then move it on to Fannie Mae etc? That way, they didn’t CARE if it had a chance in hades of being paid back. susie

BINGO, hand that woman a kewpie doll!

Congress is guilty as sin for this. John McCain tried to put restraints back on Mortgages and Fannie and Freddie in 2005 and Congress refused to listen to him.

I think the Real Estate Companies and the original banks that gave the loans should have some kind of punishment placed upon them, too.

[brytlea]

I agree, but I suspect they followed the law, so I’m not sure how they can get socked for it.
susie

Oh, and thanks for the Kewpie doll...cute!

[LS]

I agree: but the punishment needs to cut both ways. How about the corrupt homeowners who took out NO INTEREST DOWN loans? Both they, and the bankers who gave them that loan, should be punished.