Let's put it this way Landon.. You may be confused when you say that you wouldn't risk your money, yet when someone provides you with something you would otherwise have absolutely no way of getting because the risk ultimately falls on the provider, are you a victim or are you the beneficiary of the strategic efforts of a company willing to take a risk on your obviously blotchy financial history.
Enough is enough with the sentiments. If you are going to provide advice to someone with a question, my advice would be to have a better solution than to criticize a company's grounds for doing business and it's standards for risk assessment and time / money management when dealing with otherwise credit unworthy applicants.
If you would like to have a more technical discussion with me to further your understanding of sub-prime mortgage origination and business principles when dealing with high risk clients, please call me @ 480-719-0000. I challenge you to do your homework before calling as to not dilute the integrity of our conversation.