Jammer
October 10, 2011, 6:58am
119
you obviously didnt understand what the meaning behind, “The idea of owning a home is a major selling point in American culture. It’s considered the entry way into the middle class. It’s the American Dream, and therefore it was easy to sell to the gullible. Houses are considered an asset that will never depreciate in value and this is why people choose to “invest” into owning.”
“Of course whites origionated most loans… they were more likely to be educated enough to become a loan officer or in banking unfortunately,”
umm, what? we are talking about borrowers not loan agents/officers.
“our closing statement shows your utter ignorance on the subject. Predatory lending was not the cause of the failure. Sub-Prime lending was probably the leading cause.”
umm, hello…read everything i wrote. i stated sub-prime was the major cause, and guess what? thats a product of the predatory lenders. just because you think we have totally different views (even though we dont) doesnt mean you should discredit my opinion so fast, considering we have very similar viewpoints / opinions on the matter.
I read what you wrote and replied accordingly. Not my fault you cant line your comments up with my replies. Personally, I can see your tunnel visioned with info your mind thinks is fact. Done