mortguage brokers break the asx mfaa, page-4

You do realise, mortage brokers survive because they get an up front 3K payment for writing a loan. Then a 1k trailing commission for the next 10-15 years. Borrowers know they can't afford it, thats why they went to a broker instead of the bank. So there are brokers out there who have written mb 150 loans over the past few years, they are looking at an easy money stream (150*1K) per year till these suckers go bust and get thier houses taken. Who's fault is that? The brokers for being greedy or people who think they deserve a house but can't afford it?