Mortgage Crisis Caused Shift in Public Opinion

Mortgage Crisis Caused Shift in Public Opinion: The “robo-signing” scandal, along with the resulting housing market crisis, caused a decline in public opinion towards the mortgage and banking industries.  A recent survey by ID Analytics revealed that most of the blame for the 2008 economic disaster, and subsequent slow recovery, has been directed at the mortgage industry and the banks that packaged sub-standard loans and sold them to investors. (credit NNA)