So, my guess is that you or some you know used their home as an ATM and is getting screwed.
I am sorry about that.
But you are falling prey to the standard crap from the left. The bankers that work hard to generate mortgages and small business loans have kept this country going. You can fill the pages here with stories such as this. But there are millions in the industry. And vast, vast majority are ethical and hard working.
The thing that got us into this problem, throughout the economy, was greed and jealousy. We would see idiots come in and try to mortgage the last nickel out of their equity to buy a car. Long term finance of short term expenses is always a bad idea.
And now, folks like you that got burned by your greed are jealous that people who work hard and are smart, are making money even in a down market.
I feel bad for you. Oh, wait. No I dont.
>>So, my guess is
Wrong.