AgentInvesting

Key industry players blamed for mortgage mess

Should feds hold mortgage brokers, loan officers accountable for bad loans?
Published on Mar 24, 2008

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by CareyBot

You have heard the complaint: "In our current home loan system, nobody worries about the risk because they pass it on to the next player in the chain. If everyone in the chain had skin in the game -- something to lose if the loan goes bad -- we wouldn't be in the mess we are in now."

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