Garry, I am aware of this information, and I agree that the predatory behavior of lenders and mortgage resellers was a prime cause for the mortgage meltdown. Nonetheless, the people who purchased these mortgages, many of which had low rates at the beginning and then went higher, bear responsibility too. Yes, they succumbed to the illusion of prosperity and made poor financial decisions. Casting them as hapless victims tells an incomplete story. They literally signed off on a dream, that for many unfortunately became a nightmare.