“There is enough blame to be spread around. We got away from the traditional requirements of what people were historically expected to do to get a loan,†said Hyde. “The banks will look for real money down, a real fixed interest rate and real terms.â€
thats ridiculous, the loan organizations were looking at greed; they alone are responsible, their greed is being passed to us. im not eating such garbage, and neither should any of us!
QuoteWe got away from the traditional requirements of what people were historically expected to do to get a loan,†said Hyde. “The banks will look for real money down, a real fixed interest rate and real terms.â€
Exactly! :)