Unsupported and Untrue

WSJ lacks evidence to support a sweeping, front-page claim against mortgage borrowers

By Dean Starkman
Wed 2 Jan 2008 01:33 PM

The lead story in a recent Wall Street Journal says that borrower fraud “goes a long way toward explaining why mortgage defaults and foreclosures are rocking financial institutions, Wall Street and the economy.”

In other words, some significant share for the blame mortgage crisis rests not just on borrowers, but on dishonest, even criminal borrowers.