The Roots of the Mortgage Crisis

Banks knew these mortgages would fail. They approved them anyway.

Borrowers had no income checks. No job verification. Sometimes no credit history at all.

Because banks didn’t plan to keep the loans. They planned to sell them.

Once the papers were signed, the bank got paid. The risk was passed on.

And when the loans collapsed— Families lost their homes. The banks walked

away. That’s how the mortgage crisis really started.