Who's Fault is this lending and foreclosure mess???

I really want to hear from you all regarding this post, please give me your two cents...

Ok, so... Who is at fault for this mess??? There are multiple winners in my book...

1. Wall Street - For buying loans that did not make any fiscal math... Ok, it did because the loan was originated, then sold, them sold again, then sold again... Until the loan reached the end servicer who used peoples pension funds and 401K funds to purchase the discounted loans at rock bottom prices.
2. The Actual Lenders - Our favorite villain the people that made all the loans that had no qualifications, no standards, and teaser rates to die for. They did not care what happened as long as they could sell the loans to Fannie Mae, Freddie Mac, or some other greedy investor.
3. The Loan Agents - These people are EVIL in my humble opinion. The goal of these wonderful people were to drive there own commissions higher and higher. The Lenders were offering big bonuses for every high risk loan they originated. That's right the actual loan agents were given more money in their pockets if they gave their clients BAD SERVICE and put them in high risk loans because they couple be sold for more money and more times.
4. The Builders - Sold to anyone that would pay their high prices and increase the stock holder profits. Almost no builders gave a half of a seconds thought about the fact they were selling to investors and no one was moving into the areas to create active vital neighborhoods.
5. Home Investors - The sharks were in the pool and tossing chum in the water as fast as they could... It did not mater as long as they could flip the house for a fast profit, and that drove up the prices past the real level and now homes can not be sold for what they were purchased at.
6. The Clients Themselves - There was so much greed that the home buyers were ready to take anything to get a taste of the American dream... Well they got the American nightmare...

You notice anything missing here??? That's right the REALTORS are just as much to blame if not most. How many agents bothered to take the time and talk to their clients and explain these loans and what they meant? How many agents told their clients that the home was priced well above the buyers ability to pay? How many agents told their clients that the home prices had been climbing and climbing and climbing and that what ever goes up, MUST come down???

I can take great pride in the fact that out of all the transactions I did in the last five years that I only had one client... Count it ONE (1) client lose a home to foreclosure... This is because I took the time and stood by my ethics and disclosed EVERYTHING... The one client that did lose the home purchased a home for $200,000 higher then they said they originally wanted and took an INSANE loan, both issues I told them not to do and they did anyhow.

I say look back at this mess and ask yourself, how much of this is YOUR FAULT??? And then change that in the future...