house afire: Enough Blame to Go Around Redux - 10/28/10 01:15 AM
Enough Blame to Go Around Redux
 
Way back at least to 2006, I wrote a blog called: "Enough Blame to Go Around". In it, I stated that it was not just Wall Street, not just dishonest mortgage originators, not just target hitting appraisers, not just commission driven agents, and not just stupid and/or driven consumers caused the mortgage bubble to burst-it was all of us. It was, and it is. The current news about foreclosures is the "freeze" following allegations (and proof) that many lenders were "robo-signing" foreclosure files, and not precisely dotting all the I's and crossing all the … (2 comments)