Comments on: Home Mortgage Loan Crisis: Institutional Greed is to Blame http://homemortgagerefinancehelp.com/foreclosure-crisis-institutional-greed-is-to-blame/ If you have questions about the best way to refinance a home mortgage or anything else involving home mortgage loans, from new mortgages to foreclosure assistance, we're here to help. Wed, 10 Mar 2010 03:58:14 +0000 http://wordpress.org/?v=2.5.1 By: LindaKay http://homemortgagerefinancehelp.com/foreclosure-crisis-institutional-greed-is-to-blame/#comment-4 LindaKay Sat, 12 Jul 2008 14:12:38 +0000 http://homemortgagerefinancehelp.com/?p=21#comment-4 I couldn't agree with you more. There is always an effort to place blame, rather than accept responsibility. Irresponsible lenders, to me, are the chief problem but not solely responsible. The fact you could qualify to buy a home on "stated" income rather than having to substantiate proof is the underlying perpetrator. No matter how much you earn, you should have to provide proof, IE tax returns and other certifiable means. Unfortunately, the problems within the mortgage and housing industry are just symptoms from a much larger, systemic and societal dilemma. I couldn’t agree with you more. There is always an effort to place blame, rather than accept responsibility. Irresponsible lenders, to me, are the chief problem but not solely responsible. The fact you could qualify to buy a home on “stated” income rather than having to substantiate proof is the underlying perpetrator. No matter how much you earn, you should have to provide proof, IE tax returns and other certifiable means.

Unfortunately, the problems within the mortgage and housing industry are just symptoms from a much larger, systemic and societal dilemma.

]]> By: Melinda http://homemortgagerefinancehelp.com/foreclosure-crisis-institutional-greed-is-to-blame/#comment-3 Melinda Fri, 11 Jul 2008 21:39:56 +0000 http://homemortgagerefinancehelp.com/?p=21#comment-3 The greed of these lenders is unbelievable. I don't know how they can sleep at night. The greed of these lenders is unbelievable. I don’t know how they can sleep at night.

]]> By: bloggingzoom.com http://homemortgagerefinancehelp.com/foreclosure-crisis-institutional-greed-is-to-blame/#comment-2 bloggingzoom.com Fri, 11 Jul 2008 21:24:55 +0000 http://homemortgagerefinancehelp.com/?p=21#comment-2 <strong>Why Institutional Greed is to Blame for the Mortgage Crisis...</strong> According to recent news reports, government mortgage programs Freddie Mac and Fannie Mae, which are responsible for trillions of dollars in loans, are in the process of imploding. Read this mortgage industry insider's account of how the mortgage fore... Why Institutional Greed is to Blame for the Mortgage Crisis…

According to recent news reports, government mortgage programs Freddie Mac and Fannie Mae, which are responsible for trillions of dollars in loans, are in the process of imploding. Read this mortgage industry insider’s account of how the mortgage fore…

]]>