From Magooch;
"This all reminds me of this crap that someone can steel your house and property by falsifying your signature, or at least taking out
loans on your property. The onus is on the loaner to verify the loanee."
I have wondered how such an obviously corrupt practice could exist, surely the onus is on the lender, to ascertain that the person taking the
loan, indeed owns said property.
Even a used car dealer makes sure the car trader indeed, owns the car he is trading, say nothing about a normally more costly item such as
a home!