Subprime mortgage crisis: Who's responsible for the mortgage mess? 18 Articles

by David Thornton

Over the past few months, America's financial sector has been hit with its largest crisis since the Great Depression. The crisis began with a rise in foreclosures and the failure of some small banks. The problem spread t...read more

by Linda Gehring

As a fundamental believer in history and in examining, with respect to political matters, where we have been in order to more accurately assess where we now find ourselves, nowhere is that more relevant than with respect t...read more

by Lisa Hunt Warren

Today's mortgage crisis has been blamed on lenders, and it has been blamed in "irresponsible borrowers, who bought houses they couldn't afford." While mortgage lenders and home-buyers have all had a hand in creating the e...read more

by Ben Smith

The mortgage meltdown. Most people don't know that the government deregulated the mortgage business in the beginning of the sub-prime era. By doing this they allowed the banks to borrow at a ratio of 30 times there wort...read more

by Thom Jennings

Many people in the mortgage industry have had a ringside seat to the current mortgage crisis, few of them are surprised it has gotten this bad. There is also little doubt as to who is to blame; it is the government for eas...read more

by Amaryllis Holloway

This mortgage mess is just that- A MESS. Who is responsible? Some people believe that it was low income people trying to buy houses they could not afford. But the blame for this entire debaucle cannot be placed on them. Th...read more

by Vincent Towne

Countrywide makes a comeback before looming takeover. Insiders at Countrywide report brisk application volume as the month of May winds down. Helped along by recent loan limit increases for conventional and FHA loans. Mos...read more

by The Travel Bugg

Driving through Palmetto Florida this morning I read the following sign at a car dealership, "Out of a job? Buy a car!" What a sign of the times! Of all the ruckus caused by the current financial crisis, some people still ...read more

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by Lou Rountree

The sub prime mortgage crisis in the US is the result that has roots in our societal development over the years and economic incidents of government actions in the US Congress which affects our capitalistic system. The ...read more

by Michael Sanibel

Dispelling the Myths Surrounding our Economic Meltdown. Myth #1 The meltdown was caused by the greedy titans of Wall Street. FALSE. There were two main causes of the mortgage crisis. First and foremost was the desir...read more

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by David Guzman

The subprime mortgage bubble was created out of human stupidity. It swelled on stupidity and greed, and finally burst when the market ran out of stupid investors. Everybody knows that stupidity comes in varieties. Th...read more

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by Aubrey Clark

Having been in the mortgage business a little over fifteen years I have made it a habit to read most of the press and articles written on the looming mortgage crisis. It would appear that most, if not all, columnist and wr...read more

by David Lamb

WHO IS RESPONSIBLE AND WHO SHOULD BE BAILED OUT? This is not an easy question to answer. There are people who monitor the different markets. These are the same people who are now predicting that the prices of ho...read more

by K A Robins

The mortgage market mess is first and foremost the responsibility of greedy lenders and secondly the borrowers who received their loans. Two years ago and more if a borrower applied for a loan and he had a mid 500 credi...read more

by SanDee Winn

Who is to blame for the mortgage crisis? America, go look in the mirror! You don't pay your bills and if you do, you let interest and late fees accumulate until you can't pay them. This means that your credit score gets...read more

by J.M. Schell

Looking in the Mirror: The American Foreclosure "Crisis" Over the last two years, assorted American politicians, their eager lackeys in the media, frightened, self-serving government and lending bureaucrats and even doo...read more

by Mark Luke

I studied several dozen articles to understand the subprime mortgage crisis that exploded into a full-blown credit crisis, and not one of those articles mentioned why lenders make subprime loans in the first place. In case...read more

by Greg Nelson

Responsibility for the current subprime mortgage crisis rests squarely on the shoulders of the very same delinquent borrowers who are now walking away from their homes and financial obligations in record numbers all across...read more