Re: WAMU to Stop Wholesale Mortgage Lending
IMHO...
This is exactly what most of the big banks as well as the little guys were guilty of... its called Greed...That along with our government being a sleep at the helm is exactly what got us in this mess. That is one of the reasons I threw in my hat as a Loan Officer some years back realizing that the majority of the subprime loans were nothing but fraud and I didn't want any part of it!
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