I cannot see how anyone could blame the lender in these situations, there is a truth in lending act where the terms are laid out to a person prior to them signing. The person taking a loan has the option to sign or not, and if they don't understand it, they can take it to someone to explain it to them better or do research,... noone holds a gun to these people.
On top of that fact, there were foreclosures occuring to people before this current "mess", so whether you want to blame this mess on the greed of the American people, greed of American businesses, the Fed keeping rates too low for too long, the lobbyism of Fannie Mae and Freddie Mac and Countrywide to Democrats, to the current president for being president while this occurs matters not. This stuff happened before, it just tends to get more recognition now since it is on a larger scale and it is an election year.
People in this country need to start being responsible for their own actions, quit blaming others, demanding a hand out, etc.
Of course now there will be replies stating I have no compassion, I do, but sorry the truth hurts when our country as a whole has been acting irresponsible for quite a while.