There were some utterly ridiculous loan products available in the early-mid 2000s. The crash came because people who wanted to refinance out of those loans coul

There were some utterly ridiculous loan products available in the early-mid 2000s. The crash came because people who wanted to refinance out of those loans couldn't. Edit: Of course, they were dumb for signing up for those loans in the first place. But the brokers who sold people those loans were straight up loan sharks.