Hey you could also make the argument that the same people were doing this 6 years ago when the boom was taking off and they made a lot of ordinary folks millionairs in a very short period of time. They get paid to make loans. That is there job. I don’t hold that against them and many of the people are fairly articulate at spelling out the terms and conditions of the loasn. It is the buyer who adamently suggests that they want X paymets are they will walk to the next guy that is going to give them that deal. People don’t want to ehar that they can not afford soemthing. Now they are learning a lesson. Will they have to learn twice is the real question.
