Re: Home Foreclosures: Crisis Is Only Getting Deeper, conservatives echo Custer, indians, what indians?

On Thu, 15 May 2008 23:12:14 -0400, "Sid9" <sid9@[EMAIL PROTECTED]
> wrote:

>
>
><Video61@[EMAIL PROTECTED]
> wrote in message 
>news:c5a93e74-e1bc-4699-bc49-adf35a6cd4e7@[EMAIL PROTECTED]
>> On May 15, 6:49 pm, Steve <stevencan...@[EMAIL PROTECTED]
> wrote:
>>> On Thu, 15 May 2008 16:05:11 -0700 (PDT), Vide...@[EMAIL PROTECTED]
 wrote:
>>> >On May 14, 9:18 pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
>>> >> On Wed, 14 May 2008 17:30:01 -0700, BuffettHa...@[EMAIL PROTECTED]
 wrote:
>>> >> > On May 14, 8:02 pm, "Patriot" <liber...@[EMAIL PROTECTED]
> wrote:
>>> >> >> Dumb ****ing idiots shouldn't have bought a home that they
couldn't 
>>> >> >> afford.
>>>
>>> >> >> Now that's common sense!
>>>
>>> >> > Everyone was doing it.  The credit crunch and real estate
collapse
>>> >> > still
>>> >> > has not hit canada by any measure. . . and the big sub prime
lenders
>>> >> > here are the german and swiss banks, lol.
>>>
>>> >> You either bought a house are you were financial road kill.  If you

>>> >> tried
>>> >> to save up money you lost yer ass.
>>>
>>> > that is correct, and the rightards simply blame the victims.
>>>
>>> They're not victims, they're irresponsible morons....
>>
>> many of whom were simply looking for a home, with a payment that
>> could afford. and were lied to.
>
>The mortgage originator "fixes" the credit re****t, closes the loan, grabs

>the commission, and the home owner goes under with the bank 
>

How does the mortgage originator go about fixing the credit re****t?