You applied for a mortgage for the purchase of a residential home. The bank is considering loaning you the funds in the form of a mortgage to purchase the property. You applied for a thirty-year term mortgage loan. You have the required down payment necessary for the bank to initially consider your loan application. In the application form, you were asked to list all your assets. In doing so, you listed the value of three collector cars which you own. Your stated value is based on the collector cars being in restored and excellent driving condition. In actuality, your three cars are in inoperable and in a pre-restoration state. Indeed, you picked the cars up from the junkyard. You bought all the parts and tools necessary to restore the vehicles, which you plan to do over the next year. The bank approved your loan application, and you were able to purchase the residential property. Within the first year, however, you lost your job and defaulted on your loan. What risks are you facing, if any, should the bank question your loan application in legal proceedings it brings against you? Have you committed a crime? Why / why not? Discuss fully