Comments on: A Good Snapshot of Mortgage Crimes http://citizenreporter.org/2008/05/a-good-snapshot-of-mortgage-crimes/ Under-reported news + global concerns by a Portuguese-American, activist-journalist based in Amsterdam. Thu, 18 Mar 2010 23:48:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: DROCK http://citizenreporter.org/2008/05/a-good-snapshot-of-mortgage-crimes/comment-page-1/#comment-162893 DROCK Thu, 15 May 2008 17:23:09 +0000 http://citizenreporter.org/?p=1452#comment-162893 The questions is: “How culpable are the people that signed on the dotted line?” Of course mortgage companies are dumb to loan money to people with crappy credit and/or little income, but it was the BUYER that that decided to buy a house, walked into a mortgage office, often lied to the mortgage broker about their income, and agreed to the terms of the contract. Crass consumerism, herd mentality, the want of easy money, and an unflappable trust in faceless corporations are concepts loathed on this blog – So why are the believers of those tenets now victims? The questions is: “How culpable are the people that signed on the dotted line?” Of course mortgage companies are dumb to loan money to people with crappy credit and/or little income, but it was the BUYER that that decided to buy a house, walked into a mortgage office, often lied to the mortgage broker about their income, and agreed to the terms of the contract.

Crass consumerism, herd mentality, the want of easy money, and an unflappable trust in faceless corporations are concepts loathed on this blog – So why are the believers of those tenets now victims?

]]> By: bicyclemark http://citizenreporter.org/2008/05/a-good-snapshot-of-mortgage-crimes/comment-page-1/#comment-162890 bicyclemark Wed, 14 May 2008 22:27:22 +0000 http://citizenreporter.org/?p=1452#comment-162890 yeah i think youll find it interesting. out of all the many attempts at explaining the mortgage crisis. yeah i think youll find it interesting. out of all the many attempts at explaining the mortgage crisis.

]]> By: Nick http://citizenreporter.org/2008/05/a-good-snapshot-of-mortgage-crimes/comment-page-1/#comment-162879 Nick Wed, 14 May 2008 02:15:40 +0000 http://citizenreporter.org/?p=1452#comment-162879 I've been hearing whispers about this podcast, but I haven't listened to it yet. I'm subscribing now. I’ve been hearing whispers about this podcast, but I haven’t listened to it yet. I’m subscribing now.

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