The mortgage crisis cannot be easily blamed on one particular segment. It's all too easy to find a single cause, but the reality paints a highly complex picture of responsibility.
Washington Post brings to light a federal agency's responsibility in the whole mess.
We all agree that the economy is highly complex. Likewise, we should also agree that disruptions in the economy are complex too.
The mortgage crisis probably resulted from a perfect storm: Diminished regulation, greed, homeowners striving for the American dream, etc.
Now, the American Dream will be a dream deferred.
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