Forum Discussion
msmith1199
Sep 29, 2013Explorer II
pnichols wrote:
Folks buying a house when they can't afford is sad.
Banks letting folks buy a house they can't afford when the banks know better is far worse ... it's probably some kind of premeditated evil.
The Government forcing the banks to lower their lending standards and give out more loans to people who couldn't afford them is worse. The banks simply went along with what they were forced into, however, many of the banks went way more willing than others and did really take advantage of what the government compelled them to do. There is a whole lot of blame to go around on that one.
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