[quote=FlyerInHi]CAr, the borrowers were not victims.
They abided by the terms of their loans when they stopped making payments and the banks foreclosed on the collateral. Simple resolution to a business contract between 2 private parties.[/quote]
There are plenty of people who are selling the story of borrowers being “victims” of the housing bubble. No, they are a major *cause* of the housing bubble, and the inevitable crash. The sympathy well is very dry as far as I’m concerned.