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Read the ethics case on pp. 266-268, and answer the following questions in one original post. What were the responsibilities of the mortgage brokers to
Read the ethics case on pp. 266-268, and answer the following questions in one original post.
- What were the responsibilities of the mortgage brokers to borrowers? To lenders? To investors? How well did they fulfill their responsibilities? Why?
- Did some subprime lenders behave unethically? If so, how? Whose interests did the subprime lenders have a responsibility to represent? Did they adequately represent those interests?
- What could be done to prevent future blowups like the one that occurred in the subprime market?
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