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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Valuepro who wrote (288008)10/31/2010 6:22:40 PM
From: Les HRead Replies (2) of 306849
 
"And the real estate brokers are supposed to pre qualify buyers, and the mortgage brokers are supposed to qualify borrowers, and borrowers are supposed to have enough sense to know when too much debt is too much. It ain't just the banks at fault."

Two of the three have financial incentives while they pass on the risk to a other parties.
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