my sis graduated from yale law in 84 or 85 with a 4.0 practiced real estate law as well as teaches it. she says that there is no way even she could read all the crap they jam past you at closing (and she really speed reads) it requires trust and a certain level of integrity on the part of the real estate and loan professionals to make it work right the integrity is missing all too often nowadays hence the current debacle
When I bought my last house, the sellers were late getting their ducks in a row, so the closing company couldn't prepare the documents on time. The closing was scheduled for 8:00 am, they gave me the documents at midnight the night before.
I made 'em push the closing data back 3 days, at seller's expense, so that I'd have time to read all of the documents before I signed 'em. I wasn't going to enter into any long term commitment without knowing exactly what that commitment was.
They all thought I was weird for wanting to read everything. I thought they were weird for thinking I was weird.