I was in the mortgage business for 15 years, and everyday did the paperwork for loans we flat out knew people couldnt afford, we made them think they would have a super low rate without properly counseling them that it was a 1 month teaser rate and within 5 months their payments would triple, we bold faces lied to banks and lenders.
Having said that, I think the banks are somewhat to blame for turning a blind eye to what ws going on, but at the same time, its on the greedy ass mortgage brokers who only saw commission and not what was right for their borrowers.
oh and.........FUCK YEAH BULLDOZE THAT SHIT! LOOLOLOL!