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To: vladimir998
Wait. I thought the banks were greedy? Here it sounds more like the people were just stupid. So why do we just blame the corporations? Why doesn’t anyone say, “These people did something stupid”?

Stupid customers notwithstanding, what else can you call a company that would write mortgages with no money down, with no proof of income, and without even confirming employment except 'greedy'? Or maybe 'idiotic'?

20 posted on 01/27/2008 5:13:40 PM PST by Non-Sequitur (Save Fredericksburg. Support CVBT.)
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To: Non-Sequitur
what else can you call a company that would write mortgages with no money down, with no proof of income, and without even confirming employment except 'greedy'? M

According to the article the lady had been in that house for almost 30 years.........sounds to me like she re-mortgaged for the cash then blew the cash........

40 posted on 01/27/2008 5:22:37 PM PST by Hot Tabasco
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