Reply #2: Sadly, many people trusted their bankers

[dflprincess]

and didn't realize they were being conned. Intelligent people have fallen for more obvious scams than this. If people weren't gullible the "Nigerian Prince" letter wouldn't keep popping up. I find it very easy to understand how people got suckered by the banks (and no, I'm not one of them. I've been a renter my entire adult life) most of us wouldn't expect a bank to be willing to make a home loan when they knew it was a high risk and would very probably end in default.

Again, your unlimited compassion for your fellow human beings is truly insprirational.