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EY Senior Consultant II Interview Question

I interviewed in Charlotte, MI and was asked:
"The manager (no Sr Manager) began asking questions before I even had an opportunity to sit in the conference room. He asked about my thoughts around housing crisis; the banks roles in it, the borrowers roles... The senior manager (now Director) asked a lot of mortgage underwriting questions (my background). After 20 minutes of underwriting questions, he explained that he wanted to buy a vacation home and that he wanted to know how underwriters would evaluate him. He indicated that the explanation was important as I would be client facing and he wanted to know that I was comfortable explaining ideas."
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