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Many of the people we're talking about were dumb enough to buy $500k+ homes on "stated income loans", when they had little or no actual income to speak of. Whi
by 659087 9y ago
Many of the people we're talking about were dumb enough to buy $500k+ homes on "stated income loans", when they had little or no actual income to speak of. While I do think the people who were offering those loans should have been punished both financially and criminally, I don't think the people who were foolish enough to use them to buy homes they couldn't afford should have been rewarded.