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I had a comptroller for a major string of auto dealerships tell me once that a salesman hasn't done his job if he didn't get every dime that a buyer had for an auto for the term of the payment. Sounds like the infection has spread to housing. Predatory lenders thinging everyone is a sucker to be played. There's a lot of hard working folks out there who have watched their "American Dream" die a horrible death. It'll never come true now. Because their lenders did not have the moral fiber to explain what a sub-prime was. Not to mention an economy tanking like Red October. Sure there's some money out there, They just printed us a tax refund. It's sad.
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