🚀 go-pugleaf

What would you do?

Had 2 buyers, related through marriage.
Each bought a house from a builder and used end loans.
When it came time to close, #1 brings in a credit denial letter from a lender
and says he can't complete purchase.
2 weeks later #2 comes in prior to closing with a similar credit denial from the
same bank as #1 and sings the same song.

Both contracted for custom homes that are identical.

We told them both that their deposits would not be returned, and we expect
possible  legal action to recover deposits.

My supposition; they realized the homes would not fetch the huge profit they
thought (or that the realtor may have promised) since the market slowed
(Halted!) and they wanted to be relieved of the obligation to buy.

If they decide to litigate, my gut reaction is subpoena credit checks from the
bank (same for both) and possible seek remedy against the bank or loan officer
for collusion and intenet to commit fraud.

Would you also pursue action against the realtor who "may" have suggested the
ask for denial letters from the lender?