Subprime: Let the finger-pointing begin!

To get these loans they couldn't afford, many borrowers turned to mortgage brokers, who were especially good at enabling borderline borrowers to get their dough. "The brokers have always been a disproportionately large part of subprime origination, so they were well positioned to help fuel the boom in subprime lending," says Guy Cecala, publisher of the newsletter Inside Mortgage Finance.

And let's face it, with their nonstop marketing on the radio and the Internet, they're easy to scorn. They made millions, and as pure middlemen, they will feel relatively little in the way of consequences - aside from a sharp dropoff in business.