[Axenolith]

It would help if the unemployed facing foreclosure didn't refi his home X times, take cash out and blow it until he's saddled with a mortgage thats 3 or 4 times the actual value of the home...

[FITZ]

It's true that many people help cause their own problems ---- but far too easy credit is a problem today that we didn't see before. In the 50's and 60's one reason there were fewer foreclosures is that only the credit worthy got loans.