[Don't Taze Me Bro]

...adjustable mortgage they know dang well they can't afford?

[Thedude27]

One that is so stupid they dont realize adjustable rates can go up. That is how a lot of (dumb) ppl got caught."the person that was lied to by the banks to believe that their loans are completely safe?"lol exactly how does that lie go? I really want to understand this. Hey mr jones here is your monthly payment as required by the truth in lending law... "Gee that seems like a lot of my income" ... "oh dont worry you can afford it as the lender I know exactly how you spend your money and your likely outlays"... "gee, oh ok"Come on put the blame where it belongs, stop being a damn victim. I've purchased 4 houses/land they spell all this stuff out to you, including your terms/ closing costs/etc down to the penny. and for christ's sake if you have been alive for a couple decades you lived in the era of double digit interest rates how can them going up to 8-9% be "Shocking" to anyone.

[Cool Guy]

the person that was lied to by the banks to believe that their loans are completely safe?is that too confusing for you? Perhaps you should change your name to "Dont confuse me bro"

[SugarBear]

A greedy stupid one. I had an adjustable rate mortgage, but it was on a $70K condo that I knew I could afford anyhow.