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The Blame Game and the Subprime Mortgage Lending Meltdown

National News • August 22, 2007
The subprime mortgage lending blame game is in full swing — with people arguing about who's at fault for mortgage defaults, bond losses and lender failures — but "we're only in the very top of the ...

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Subject: GREAT NEWS EVERYBODY!!!!

Posted On: August 23, 2007, 1:30 pm CDT
Posted By: Gill Fin
Comment:
No need to revamp the most successful economic and social experiment in the history of humankind. Home ownership in America is at an historic high, about 70%. That means more folks have achieved the American dream than ever before. That has indirect benefits that affect us all. If the foreclosure rate goes up slightly due to more participation, I am OK with that. The net benefit to society exceeds the net cost. Can any other society make the claim of 70% home ownership? And how does anyone assign a political party aspect to this topic?
Lastly, when a person calls a real estate broker or agent, isn't it reasonable on the part of the realtor to assume the potential buyer is sophisticated enough to understand the pro's and con's of buying real estate? Don't tell me that the realtor should be expected to handhold someone who wants to buy property?
Subject Posted By Posted On
Sub Prime Mortgage Failures Shrinivas Shikhare
Aug 28, 2007, 12:27 am
RE: RE: RE: media mogul - Our phony economy Mark
Aug 27, 2007, 3:56 pm
RE: RE: RE: RE: RE: media mogul - Our phony economy Shield
Aug 27, 2007, 3:41 pm
RE: RE: RE: RE: media mogul - Our phony economy GB
Aug 27, 2007, 3:33 pm
RE: RE: RE: media mogul - Our phony economy Shield
Aug 27, 2007, 3:29 pm
RE: RE: media mogul - Our phony economy GB
Aug 27, 2007, 3:24 pm
RE: media mogul - Our phony economy Mark
Aug 27, 2007, 3:21 pm
RE: RE: GREAT NEWS EVERYBODY!!!! High & Mighty
Aug 24, 2007, 10:20 am
RE: re;compman Compman
Aug 23, 2007, 3:27 pm
Scary comments today Sad but True
Aug 23, 2007, 3:26 pm
re;compman concerned agent
Aug 23, 2007, 3:09 pm
RE: RE: RE: RE: re:sad but true Shield
Aug 23, 2007, 2:21 pm
RE: GREAT NEWS EVERYBODY!!!! Compman
Aug 23, 2007, 1:43 pm
GREAT NEWS EVERYBODY!!!! Gill Fin
Aug 23, 2007, 1:30 pm
re: gimme shelter concerned agent
Aug 23, 2007, 10:41 am
RE: RE: RE: RE: RE: RE: RE: RE: re:sad but true GB
Aug 23, 2007, 10:35 am
Media Mogul Feed Up with Politics
Aug 23, 2007, 10:32 am
RE: RE: RE: RE: RE: RE: RE: re:sad but true gimme shelter
Aug 23, 2007, 10:19 am
RE: RE: RE: RE: RE: RE: re:sad but true GB
Aug 23, 2007, 9:20 am
RE: RE: RE: RE: RE: re:sad but true gimme shelter
Aug 23, 2007, 9:16 am
RE: RE: RE: RE: re:sad but true GB
Aug 23, 2007, 8:46 am
RE: RE: RE: re:sad but true gimme shelter
Aug 23, 2007, 8:24 am
RE: RE: re:sad but true GB
Aug 23, 2007, 8:14 am
RE: re:sad but true gimme shelter
Aug 23, 2007, 8:03 am
RE: re:sad but true Dodger
Aug 22, 2007, 9:14 pm
RE: re:sad but true underwriter
Aug 22, 2007, 6:06 pm
re:sad but true concerned agent
Aug 22, 2007, 6:03 pm
re:sad but true concerned agent
Aug 22, 2007, 5:27 pm
RE: RE: Not my fault LLH
Aug 22, 2007, 5:20 pm
RE: Not my fault Sad but True
Aug 22, 2007, 5:07 pm
RE: Not my fault HD
Aug 22, 2007, 4:49 pm
RE: Not my fault Compman
Aug 22, 2007, 4:18 pm
RE: Not my fault underwriter
Aug 22, 2007, 4:17 pm
RE: Not my fault Master of Reality
Aug 22, 2007, 4:17 pm
Not my fault Sad but true
Aug 22, 2007, 3:58 pm
RE: MEDIA MOGUL concerned agent
Aug 22, 2007, 3:43 pm
Re: media mogul concerned agent
Aug 22, 2007, 2:54 pm
RE: RE: RE: RE: RE: Our phony economy A. RIGHT-THE SAGA CONTINUES
Aug 22, 2007, 2:54 pm
RE: RE: RE: RE: Our phony economy GB
Aug 22, 2007, 2:38 pm
RE: RE: RE: Our phony economy ALWAYS RIGHT PART II
Aug 22, 2007, 2:29 pm
RE: RE: Our phony economy GB
Aug 22, 2007, 2:21 pm
RE: Our phony economy ALWAYS RIGHT
Aug 22, 2007, 2:16 pm
Our phony economy media mogul
Aug 22, 2007, 1:57 pm
correction GB
Aug 22, 2007, 1:54 pm
RE: Final comment GB
Aug 22, 2007, 1:53 pm
Final comment Homeowner
Aug 22, 2007, 1:40 pm
Homeowner Compman
Aug 22, 2007, 1:37 pm
RE: RE: stupid people DWT
Aug 22, 2007, 1:34 pm
RE: Sub Prime Mortgage Failures dwt
Aug 22, 2007, 1:31 pm
RE: stupid people Greedy
Aug 22, 2007, 1:27 pm
Professionals Homeowner
Aug 22, 2007, 1:24 pm
Sub Prime Mortgage Failures Mr Truth
Aug 22, 2007, 1:23 pm
RE: Mortgages DWT
Aug 22, 2007, 1:23 pm
RE: Mortgages Compman
Aug 22, 2007, 1:22 pm
RE: Mortgages Drewboy
Aug 22, 2007, 1:20 pm
Mortgages Homeowner
Aug 22, 2007, 1:09 pm
This is America Patriot
Aug 22, 2007, 1:06 pm
Related Story Homeowner
Aug 22, 2007, 1:04 pm
You are so right.... another guy named Rick
Aug 22, 2007, 12:00 pm
It's everyone's fault GB
Aug 22, 2007, 7:51 am
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