Well, I think you're over-generalizing quite a bit.
I don't know of any lender, any subprime lender at the time, that would not pull a credit report. Also, I don't know of any lender that would lend to someone with no job.
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Also, I know when I bought my home there were several lenders that were trying to push me into more house than I could afford. My favorite line was....
"You might might be able to afford it now but you do expect to make more money over the life of the loan, don't you?"
I quickly got a fixed loan for a home in my price range and watched several friends get "no-interest"/ARM,'s or other loans for homes in the 350k range (DC/Maryland) that they can no longer afford.