Question: It was and is the bank’s >>> responsibility to lend responsibly. Period. End of story.
>> It is also the borrower’s responsibility to borrow responsibly.
> Utter nonsense. People have always tried and will always try to qualify > for the best house they can get. It’s the bank’s job to properly qualify > these home loan applications. The breakdown in this case occurred in > the latter half of that equation, not the former.
Answer: But the bank did not sit down and twist the borrower’s arm behind his back to force him to sign, and the borrower even has three days after the signing to rescind it.
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