by G.W.LawrenceGreed and haphazardness explains it all. That’s it in a nutshell. Experts throughout the US are pointing the finger at haphazard homebuyers who leaped before they looked and the greedy mortgage professionals who were so busy counting their commissions they forgot who their clients were.
You could reverse this if you like. You can say greedy homebuyers who wanted their first home to be a fantasy home and haphazard mortgage professionals who did not take the time to plan the home buying success of their clients.
Either way, greed and haphazardness still explains it all, even when it comes to the whole story.
You see the whole story does not stop with the homebuyer and the mortgage professional. As they say in the movies, “follow the money”. Or maybe in this case, follow the money lost. Tracking this will take you straight to the top.
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