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View Diary: Our Economy: MASSIVE FRAUD By Mortgage Industry. (269 comments)

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  •  That is wrong (1+ / 0-)
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    The problems are largely caused by people that took mortgages for which they had little, if any, capacity to repay.  No one forced anyone to take a mortgage that they didnt want to take.  People wanted more house than they could afford and agreed to roll the dice on a mortgage that had a good probability of becoming unaffordable.

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