It was like pulling teeth to get the mortgage the way we wanted it. They really push the ARMs to the point that they try to sell you only those.
I say let 'em burn and anyone looking for a short cut that took the ARMs should have known better.
It's like all those idiots during the Dot Com boom that decided that business plans were no longer needed and everyone just went after the venture capital and tried to go public. Every investor followed blindly without doing any homework and than cried foul when the floor fell out from under them.
Unfortunately it affected a lot of other people than just the idiots and this time will be no different.