Foreclosure Fingerpointing Game

I have never been a fan of fingerpointing. Usually the one who is doing the most fingerpointing is the one who probably should be looking in the ‘responsibility’ mirror.

This article demonstrates how ridiculous the fingerpointing has become regarding the subprime and foreclosure chaos.

There is plenty of blame to go around: banks (lenders) who offer crazy, high-risk programs and are then surprised that borrowers cannot make their mortgage payments, loan officers who do not advise their clients properly regarding the best program options, and borrowers who do not consider the longer-term ramifications of the program selection regarding their monthly budget.

I am finding how important flexibility is in golf. Turning a finger at oneself requires flexibility as well as a great deal of honesty.

 

25 May 2007 | First Time Homebuyers, Loan Officers, Programs, Foreclosure | Comments

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