What were the government regulators doing while banks and mortgage brokers were issuing these subprime loans? Maybe there wouldn’t be so many mortgage foreclosure scams if the government was regulating the subprime loans!
I think we’ll see some significant “dust” settling when this crisis is said and done. It’s quite possible that this will make the 80’s look like a picnic.
Oh my goodness I can’t believe there are people out there willing to scam innocent people like that! That’s terrible!
-Kristen
San Diego California Real Estate Broker
Comment by San Diego real estate — May 5, 2008 @ 9:59 am
Seems there should have been more government regulation and tighter qualification for subprime mortgages in order to prevent what we’re now facing.
Sam
Mexico Family Dentistry
Comment by Baja Mexico dentist — May 5, 2008 @ 10:00 am
What were the government regulators doing while banks and mortgage brokers were issuing these subprime loans? Maybe there wouldn’t be so many mortgage foreclosure scams if the government was regulating the subprime loans!
Peter
Oakland California Law
Comment by Oakland attorneys — May 5, 2008 @ 10:01 am
The good news is, once the dust settles, the new and improved mortgage payments will be a piece of cake!
Shanda
San Diego County Lasik Surgery
Comment by San Diego lasik — May 5, 2008 @ 10:03 am
I think we’ll see some significant “dust” settling when this crisis is said and done. It’s quite possible that this will make the 80’s look like a picnic.
Comment by Craig — May 10, 2008 @ 12:29 pm
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