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February 25, 2008 at 9:03 AM #159872February 25, 2008 at 9:32 AM #159514shaggydooParticipant
There should be an element of public shame to not fullfilling your financial obligations, or has that concept gone the way of dodo as well?
February 25, 2008 at 9:32 AM #159810shaggydooParticipantThere should be an element of public shame to not fullfilling your financial obligations, or has that concept gone the way of dodo as well?
February 25, 2008 at 9:32 AM #159824shaggydooParticipantThere should be an element of public shame to not fullfilling your financial obligations, or has that concept gone the way of dodo as well?
February 25, 2008 at 9:32 AM #159830shaggydooParticipantThere should be an element of public shame to not fullfilling your financial obligations, or has that concept gone the way of dodo as well?
February 25, 2008 at 9:32 AM #159905shaggydooParticipantThere should be an element of public shame to not fullfilling your financial obligations, or has that concept gone the way of dodo as well?
February 25, 2008 at 9:45 AM #159520patientlywaitingParticipantI think there’s some irony to all of this. I have no sympathy at all.
Here you have a guy who was an executive at Credco trying to squash public information. He’s made a living cross-referencing, aggregating and peddling public info on American consumers, often times with little regard for their privacy.
Credco is the mother of public info value-added providers. That’s how they built their business. They aggregate credit report information as well as public records for lenders.
This guy’s house informaion is available to any title officer. If you want, you can call up any title company’s customer service and ask for a report on a house (or your realtor can get it for you). They’ll be happy to provide you the report, free of charge, with the hope you’ll use them during the next transaction.
February 25, 2008 at 9:45 AM #159815patientlywaitingParticipantI think there’s some irony to all of this. I have no sympathy at all.
Here you have a guy who was an executive at Credco trying to squash public information. He’s made a living cross-referencing, aggregating and peddling public info on American consumers, often times with little regard for their privacy.
Credco is the mother of public info value-added providers. That’s how they built their business. They aggregate credit report information as well as public records for lenders.
This guy’s house informaion is available to any title officer. If you want, you can call up any title company’s customer service and ask for a report on a house (or your realtor can get it for you). They’ll be happy to provide you the report, free of charge, with the hope you’ll use them during the next transaction.
February 25, 2008 at 9:45 AM #159828patientlywaitingParticipantI think there’s some irony to all of this. I have no sympathy at all.
Here you have a guy who was an executive at Credco trying to squash public information. He’s made a living cross-referencing, aggregating and peddling public info on American consumers, often times with little regard for their privacy.
Credco is the mother of public info value-added providers. That’s how they built their business. They aggregate credit report information as well as public records for lenders.
This guy’s house informaion is available to any title officer. If you want, you can call up any title company’s customer service and ask for a report on a house (or your realtor can get it for you). They’ll be happy to provide you the report, free of charge, with the hope you’ll use them during the next transaction.
February 25, 2008 at 9:45 AM #159833patientlywaitingParticipantI think there’s some irony to all of this. I have no sympathy at all.
Here you have a guy who was an executive at Credco trying to squash public information. He’s made a living cross-referencing, aggregating and peddling public info on American consumers, often times with little regard for their privacy.
Credco is the mother of public info value-added providers. That’s how they built their business. They aggregate credit report information as well as public records for lenders.
This guy’s house informaion is available to any title officer. If you want, you can call up any title company’s customer service and ask for a report on a house (or your realtor can get it for you). They’ll be happy to provide you the report, free of charge, with the hope you’ll use them during the next transaction.
February 25, 2008 at 9:45 AM #159909patientlywaitingParticipantI think there’s some irony to all of this. I have no sympathy at all.
Here you have a guy who was an executive at Credco trying to squash public information. He’s made a living cross-referencing, aggregating and peddling public info on American consumers, often times with little regard for their privacy.
Credco is the mother of public info value-added providers. That’s how they built their business. They aggregate credit report information as well as public records for lenders.
This guy’s house informaion is available to any title officer. If you want, you can call up any title company’s customer service and ask for a report on a house (or your realtor can get it for you). They’ll be happy to provide you the report, free of charge, with the hope you’ll use them during the next transaction.
February 25, 2008 at 9:50 AM #159522daveljParticipantpatientlywaiting, I think your instincts are on target.
I know a guy in a very similar business as The Person Whose Name Shall Not Be Uttered (“TPWNSNBU”) and his company (the guy’s) is absolutely sucking wind. They might shut down this year. And they’ve been in the business for over 20 years.
Also, it appears that TPWNSNBU was a partner with a group of investors that purchased the company (the “Company”) from its previous owners in late 2004. (There doesn’t appear to be any high and mighty private equity firm behind the Company – probably just a group of normal investors.) Now, where do you think valuations for mortgage-related companies were in late-2004? Yup, pretty high. Now, how does business compare today with late-2004 for most of these companies? Yup, pretty shitty. Now, what are valuations like today for such mortgage-related companies? Yup, pretty shitty. You see where I’m going with this?
This whole situation smacks of petty desperation.
February 25, 2008 at 9:50 AM #159820daveljParticipantpatientlywaiting, I think your instincts are on target.
I know a guy in a very similar business as The Person Whose Name Shall Not Be Uttered (“TPWNSNBU”) and his company (the guy’s) is absolutely sucking wind. They might shut down this year. And they’ve been in the business for over 20 years.
Also, it appears that TPWNSNBU was a partner with a group of investors that purchased the company (the “Company”) from its previous owners in late 2004. (There doesn’t appear to be any high and mighty private equity firm behind the Company – probably just a group of normal investors.) Now, where do you think valuations for mortgage-related companies were in late-2004? Yup, pretty high. Now, how does business compare today with late-2004 for most of these companies? Yup, pretty shitty. Now, what are valuations like today for such mortgage-related companies? Yup, pretty shitty. You see where I’m going with this?
This whole situation smacks of petty desperation.
February 25, 2008 at 9:50 AM #159835daveljParticipantpatientlywaiting, I think your instincts are on target.
I know a guy in a very similar business as The Person Whose Name Shall Not Be Uttered (“TPWNSNBU”) and his company (the guy’s) is absolutely sucking wind. They might shut down this year. And they’ve been in the business for over 20 years.
Also, it appears that TPWNSNBU was a partner with a group of investors that purchased the company (the “Company”) from its previous owners in late 2004. (There doesn’t appear to be any high and mighty private equity firm behind the Company – probably just a group of normal investors.) Now, where do you think valuations for mortgage-related companies were in late-2004? Yup, pretty high. Now, how does business compare today with late-2004 for most of these companies? Yup, pretty shitty. Now, what are valuations like today for such mortgage-related companies? Yup, pretty shitty. You see where I’m going with this?
This whole situation smacks of petty desperation.
February 25, 2008 at 9:50 AM #159839daveljParticipantpatientlywaiting, I think your instincts are on target.
I know a guy in a very similar business as The Person Whose Name Shall Not Be Uttered (“TPWNSNBU”) and his company (the guy’s) is absolutely sucking wind. They might shut down this year. And they’ve been in the business for over 20 years.
Also, it appears that TPWNSNBU was a partner with a group of investors that purchased the company (the “Company”) from its previous owners in late 2004. (There doesn’t appear to be any high and mighty private equity firm behind the Company – probably just a group of normal investors.) Now, where do you think valuations for mortgage-related companies were in late-2004? Yup, pretty high. Now, how does business compare today with late-2004 for most of these companies? Yup, pretty shitty. Now, what are valuations like today for such mortgage-related companies? Yup, pretty shitty. You see where I’m going with this?
This whole situation smacks of petty desperation.
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