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How many damn times do I have to say the Lenders were guilty of offering fraudulent loans?

In collusion with the federal government. When the big banks, citibank, bank of america , wells fargo to name a few, wanted to expand their businesses down in Mexico, they pulled strings in the federal government to set up "free trade" deals and economic treaties like the 'prosperity partnership' with the Mexican government. In return the Mexican government asked that illegals be granted the same status as American 'nationals' in all things financial. This led to the banks using taxpayer ID numbers and matricular consular cards as identification for bank accounts and loans. At the time the department of justice protested, but was ignored.Our federal government colluded with the lenders to make this disaster happen. Using fraudulent IDs illegal aliens from every country on earth could now purchase homes and get credit for just about anything in this country. It expanded the market for these corrupt companies in this country so they go on to encourage illegal immigration to keep expanding the market here in this country.

So is it greed? In part, but its civic sonambulism on the part of the citizens of this country, and it is corruption of constitutional government and citizen responsibility for our government in the form of corporatist fascism that really got us here.