^^^Well, somewhat. There are/were a lot of unscrupulous mortgage brokers out there, saying a lot of one thing and doing a lot of the other. In the mid-1990s, Wells Fargo got out of mortgage lending all together. They did a study which found that 80% of all home buyers found the whole paperwork and jargon of real estate lending so stressful, they would not want to do business with that company again.

And also, who's so worred about "people on Wall Street" getting rich. Newsflash: there is no more Wall Street. The concept of investment banking died faster than a Ryan Knox erection.

MLPFS: now owned by a commercial bank, and regulated like one.
Morgan Stanley: turned themselves into a commercial bank.
Goldman Sachs: ditto
Lehman: insolvent.
Bear Stearns: ditto