In the situations where there was a "student" that had committed the fraud they usually did it not knowing they were committing a crime, whether regulatory or criminal.

The point of the license is to keep out people with criminal history.

It lasted 3 months and was cancelled, why because the sellers were being used and abused by the public in addition to the criminal element. 

If the tenant does not vacate, the landlord can fill out an affidavit at the District Clerk’s Office, and a warrant will be issued requiring the tenant to appear in court on criminal charges of Failure to Vacate.

The are obituaries and courts and criminal records and all kinds of ways to find more info.

I know what you mean about the banks, they are merciless soulless entities that should all be shut down under the RICO act for operating an ongoing criminal enterprise.

I don't believe that being poor is always a choice, I know it is not an indication that someone is of criminal inclination or incapable of being a decent tenant. 

Long story short we discovered a criminal record (check fraud), short work history, and low income.

Where I primarily invest we have one and their annual fee of $75 includes free real estate forms (leases, etc.) as well as cheap background checks (credit/criminal for $13.00). 

No criminals, druggies or pit bull day cares.