Thanks for changing the word broker to originator. It's a subtle difference but more accurate. All originators, both banker and broker, must shoulder the burden when discussing their role in the mortgage crisis.

The banks like to intimate to consumers and the media that they are 'less' to blame. Not true. Keep up the good work.

Thanks for changing the word broker to originator. It's a subtle difference but more accurate. All originators, both banker and broker, must shoulder the burden when discussing their role in the mortgage crisis.

The banks like to intimate to consumers and the media that they are 'less' to blame. Not true. Keep up the good work.

Thanks for changing the word broker to originator. It's a subtle difference but more accurate. All originators, both banker and broker, must shoulder the burden when discussing their role in the mortgage crisis.

The banks like to intimate to consumers and the media that they are 'less' to blame. Not true. Keep up the good work.

Great pyramid, that really sums it up. You could also add title companies and credit bureaus. And local lender associations who turned a blind eye. Maybe even state and fed agencies that failed to enforce the laws (specifically RESPA and FTC false/misleading advertising).

That pyramid keeps growing!