Based on this info below of the recent US mortgage lending practices failed to follow the discipline of the 5 C's of Credit.

• Character - The applicant's credit history and reputation in the community. Honesty and complete harmony in what one thinks, says, and does.
• Capacity -A borrower's ability to repay a debt (as judged by the lenders).
• Capital - The money, property, and other valuables which collectively represent the wealth of an individual or business.
• Collateral - Assets pledged by a borrower to secure a loan or other credit, and subject to seizure in the event of default.
• Conditions - The current and future economic conditions and expectations of the reg

Which point do you agree with here below and why?

Fraud in its simplest form is deliberate misrepresentation and deception: One party deceives another by misrepresenting information, facts, and figures. So, mortgage fraud is not just predatory lending practices that target certain borrowers."Recently the US mortgage lending practices have been sloppy and the US has allowed banks and companies to extend far beyond.Many of these companies' debt is extended past'Capacity'."The Ford Motor Company reported a total debt of about155 billion U.S. dollarsin 2019."The US is known to bail out companies that teachpoor'Character'to other companies. General Motors was bailed out in 2008 hence, the joke name"Government Motors."Let's not forget the people. If this continues and people can afford debt of their'Capital'because of a slightly high-interestrate or widespread job loss causing collateral bankruptcies, the banks will suffer, technicallythe banks can be bailed out by the US. Onlyif a catastropheoccurs where the simultaneouscollapse of thepeople, banks, and companies would cause the US'Collateral'to be meaningless. In the imaginable event of a virus mutation where a second lockdownis prevalentand an extended delay to a vaccine occurs the US mortgage lending practices could fail to depend on the lockdown measures and duration. That imaginable event is extremely improbableand also, the worst-case scenario. In that improbable scenario, themajority of people and countries would suffer immensely. Currently, the'Conditions'of the US are projected positive.