"Victims" because they couldn't speak the language is the actual story here...
Exactly. The people are portrayed as being mentally retarded. B.S.
Guess it's like being conned into running up a hughe credit card debt while buying non necessities or gong on expensive vactions.
Everyone is a victim. Nobody is responsible for their own actions.
"Ah yes they were "victims".
Gag me."
I can tell you haven't spoken with a mortgage lender lately. Many are extremely unethical and even the educated consumer has to be wary.
Sure consumers have a stake in this but when the licensed and state certified mortgage guy says something people tend to listen. Fraud on his part doesn't make the consumer an idiot.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Lenders ought to be professionals. Maybe "victim" is too strong a word, but who is in charge of the money? Who is abusing the system?
Many of the now beleagured home buyers the agency sees were conned into buying homes they could not afford by fast-talking mortgage brokers, ..., often filled out the paperwork and pulled job titles and salaries out of thin air.
Did these losers think that somehow they wouldn't ever have to make the payment? It sounds like the fraud is on the part of the home buyer buying something that they can't afford and have no intention of paying for. How many people are so stupid to think that if they make $600 a week, then can pay a $3000 a month mortgage and still make payments on their 22 inch rims, buy $100 worth of lotto tickets each week, and still have money left over for a couple of cases of beer on the weekend and a couple of sixpacks on week nights?