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[parent] [thread] 2 comments
1. pessim+(OP)[view] [source] 2022-05-19 13:24:46
I'd swap 1) and 2). The people writing the mortgages were telling the borrowers to lie, and that the lies wouldn't be checked. It wasn't some oversight.
replies(2): >>gitfan+K1 >>namdna+Ln
2. gitfan+K1[view] [source] 2022-05-19 13:34:13
>>pessim+(OP)
I understand, there were some cases where #1 didn't even exist, The person at #2 edited the application without #1 knowing. But the #1 situation happened as well, sometimes because a realtor told them that was the only way they would get the house.
3. namdna+Ln[view] [source] 2022-05-19 15:16:34
>>pessim+(OP)
I think it was mainly independent mortgage brokers who were telling borrowers to lie, not the actual banks who were providing them
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