It is true, the lenders promised the moon, they gave moon pies, and the people wanted the lowest possible rate, no matter what would come in 1,2,3 years.  Many times we advised them to not do this, and often, they insisted.  But it is sad, and it will take hard work on all of our parts to help save as many as possible from losing their homes. But we do need to take better care of the little people here in America.