A story of a thief steals from fools. Quick Loan Funding is a mortgage broker. Since 2001, mortgage brokers were a booming industry, and generated a significant number of loans which them sold to banks. Many banks either simply did not have the resource, or did not consider it necessary to check on the quality of the loans they bought.
Sure its sad when people lose their homes, but you have to realize that they couldn't afford the home in the first place. They should have been renting, and there's nothing at all wrong with renting and saving up for a house. Pretty much every other generation did it that way. Its like if you bought a Bentley (assuming you couldn't afford one) and it was repossessed in a year. Sure its sad you lost your car, but you should have shown more sense in the first place.