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A sordid, excruciatingly frustrating story of the home mortgage scandal of the last decade and the disastrous consequences wrought on many innocent Americans victimized by the incompetence and greed of the banks, mortgage service companies and rating agencies. Although many people share some responsibility for heedlessly rushing into risky financial agreements they had no business anywhere near, the banks and the predatory lending practices they spawned as a result of the securitization of home mortgages deserve most of the blame for the misery they caused. Exceptionally well written and narrated this is a serious learning experience for all.
24 of 25 people found this review helpful
An interesting look at the mortgage crisis of 2008. Follows a couple private citizens who were able to uncover and politicize mistakes by Wall St banks and the government offices that regulates them.
7 of 7 people found this review helpful