The problem occurred due to greed from banks and investment banking firms, whom created products and "gouged" customers for ridiculous profit margins. Mortgage brokers were merely offering the products created by this secondary market, yes some, as in all professions were bad apples. Disclose to the borrower ALL PROFITs that each participant of a loan makes,not just the brokers fee. I bet the banks, investment bankers and others would be up in arms. Why? because the borrowers would see who is really gouging who. The obscen profits banks and investment bankers are making are hidden because they do not need to disclose to the borrower the TRUE cost of the loan. DISCLOSE ALL PROFITS MADE ON A LOAN!