Crooked lenders helped create the housing crisis with such a clever scheme.The sold millions of Americans homes they could not afford by fudging loan applications. The bogus loan applications were called lair loans and as one official confessed ,they all did it .Now 11 million homeowners are underwater stuck with bogus mortgages created by crooked lenders.Meanwhile the lenders are living large as none have gone to jail<br />see more at <br />http://www.investigativeguy.com
