Would you operate a high stakes,vigilante type blog?
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Russ,
I would not, especially because some of the bad apples could be particularly bad. This is exactly why I commend someone who does have the guts to do it, and I would do everything in my power to protect and speak out for them.
I’ve tried to pass along some information to lenders and the FBI, but they do not have the manpower nor do they have the desire to pursue these potential cases one at a time. If someone is willing and able to pick up where law enforcement leaves off, they should be applauded and held up as heroes.
Those of us who choose to abide by the law should stand together because **we** are being ripped off by criminals in almost every aspect of our lives. Insurance, retail goods, housing, etc…all of this WE pay a higher price for because of fraud.
Until the RE industry comes clean and provides 100% transparent data, we need to rely on those who are willing to do the extra work to find the real stories behind the numbers.
As to having a lawyer present all the information, that would be exceedingly expensive. OCR, Rich and the others are providing information and spending a lot of time doing research so we can just “check the blogs” and know what’s going on for free.
The whole point of blogging is that we can side-step the advertising/administrative/operating expenses and biases of the MSM and provide information that others might not want us to know. It basically levels the playing field, and because of this, I never want to see anything that encroaches on a blogger’s rights, especially when it pertains to financial matters and events that affect other people’s lives.
