Very few of the mortgages were for financially supportable situations (ie well outside normal rent/buy price ratio) and many were on variable rate loans. It was

Very few of the mortgages were for financially supportable situations (ie well outside normal rent/buy price ratio) and many were on variable rate loans. It was fairly obvious to savvy real-estate investors let along trained mortgage lenders what would happen. I saw headlines pre 2007 discussing this. We have whistleblowers testifying that they were actively warning people. Offer immunity to the first few in trade for testimony..