There are more allegations of fraud and reckless lending against staff of Commonwealth Bank and Bank of Queensland connected to the falsification of loan applications on behalf of clients who ultimately gathered implausible levels of debt on modest incomes and used those debts to support investments in strategies devised by the failed Storm Financial.The Financial Review, in a lengthy review of the issues behind the collapse of Storm in late 2008, published an account of one public servant who asserted that the Townsville branch of CBA granted a home loan on the basis of income represented to be more than twice what it actually was. The same loan applications (presumably signed by the aggrieved customer) also omitted to take into account a substantial margin loan, according to the newspaper.The North Ward branch of Bank of Queensland in Townsville is also cited by the Financial Review as a source of "huge loan volumes" from Storm clients.Close links between former bank staff who moved to Storm, and the prevalence of a "sales culture" are key themes of the AFR feature that follows up on prior commentary targeting bank lending practices, as much as the quality of Storm's investment advice, as the key issue arising from the failure of the firm. The AFR reviewed some CBA loan applications for the feature though its source for the documents isn't clear.