Depends on how you look at iniquity on the part of banks and appraisers.
I was one of the people warning folks with deaf ears about why there was going to be real estate crash, and the long term nature of it.
Your financiers knew what I knew when you bought the house.
They absolutely knew that the market was going to correct itself eventually.
The 2007-2008 financial crash is proof those with MBAs are as stupid or naive as the rest of us. Mortgage backed securities based on the assumption property values cannot go down - when all assets can devalue - was either stupid, naive or deliberate deception.