Ann Henry-Dean

“Two wrongs will never make a right”. I believe that lenders and Wall Street helped created the environment for lawlessness. However, borrowers entered that environment willingly. How sad for this country, the moral compass has been ignored by almost everyone participating in this tragedy. I also believe that loan service providers exacerbate and aggravate the situation. They are little paper gathering autotrons whose soul responsibility is to take their gatherings to a wizard standing behind a curtain that no one is allowed to talk to. The same is also true of the loan modification process.

“Two wrongs will never make a right”. I believe that lenders and Wall Street helped created the environment for lawlessness. However, borrowers entered that environment willingly. How sad for this country, the moral compass has been ignored by almost everyone participating in this tragedy. I also believe that loan service providers exacerbate and aggravate the situation. They are little paper gathering autotrons whose soul responsibility is to take their gatherings to a wizard standing behind a curtain that no one is allowed to talk to. The same is also true of the loan modification process.

There seems to be a thread running through these comments that appears to imply if the borrower would have been “honest” and if the borrower would take responsibility this problem would greatly reduced. Did the lender check any statement on the application? Folks you do not appear to get it. The entire system was and still is to a large degree corrupt and in denial. There is no virtuous hero anywhere among any of the players, borrower, lender, lending officer, realtor, banker selling these mortgages as “investments”. Everyone attempted to live the dream, sell the dream, buy the dream, package the dream, etc. The party is over and all of the participants should pay the price. This imaginary money is long ago spent. Everyone go look into your mirror, suck it up, welcome to reality.