Quote:
Originally Posted by Dankdude  If it weren't for unscrupulous lenders in the first place and people like you who had to make a commission selling houses to people that can not afford them we wouldn't be in this mess. |
Doesn't the final responsibility lie in the hand(s) of the buyer(s)? Anybody, IMO, with any sense would first look at their budget to determine if the house they're buying is beyond their financial capability, yes? Nobody held a gun to their head and made them sign the loan docs. I am fully aware that there are unscrupulous lenders offering "less than ideal" loans, but the onus lies on the buyer as to whether they want to enter into one of these loans or not.