Please help DINA (714)360-6357 !!!

[lniles]

Pasadena broker, you have an interesting stance. Compassion for people who screw up not only their finances but the entire economy, and righteous condescension against those who don’t like getting screwed.

I guess I kinda liked Darth Vader in the Star Wars movies. Still, I wanna see Dina and all her kind get whacked. Feeling pity for them is like saying it’s not their fault. This whole darn housing charade was dominated by reckless buyers like her. Everyone here probably knows someone or has neighbors in her situation, seeing their faces or hearing their voices doesn’t change a thing. They need to be scolded so it won’t happen again.

Call it gloating, call it schadenfreude. I see it as retribution.

[PerryChase]

” she and those like her not only played with matches but they took the whole book of matches preventing some families from being able to light their stove to make dinner”

teleculaguy, you write really well. I enjoy your writing. Great analogy.

“My charity dollars this year went to breast cancer research, the red cross and a homeless shelter. I’m sorry if some of us are a little short on charity and compassion when it comes to the “I bought five houses so I could sell them a year later at a huge profit, effectively stealing from another future family and the 100k in profit I’ll make will impact their ability to send their kids to college and my plan didn’t work out” crowd.”

And you have your priorities right as well.

[PerryChase]

” she and those like her not only played with matches but they took the whole book of matches preventing some families from being able to light their stove to make dinner”

teleculaguy, you write really well. I enjoy your writing. Great analogy.

“My charity dollars this year went to breast cancer research, the red cross and a homeless shelter. I’m sorry if some of us are a little short on charity and compassion when it comes to the “I bought five houses so I could sell them a year later at a huge profit, effectively stealing from another future family and the 100k in profit I’ll make will impact their ability to send their kids to college and my plan didn’t work out” crowd.”

And you have your priorities right as well.

[PerryChase]

” she and those like her not only played with matches but they took the whole book of matches preventing some families from being able to light their stove to make dinner”

teleculaguy, you write really well. I enjoy your writing. Great analogy.

“My charity dollars this year went to breast cancer research, the red cross and a homeless shelter. I’m sorry if some of us are a little short on charity and compassion when it comes to the “I bought five houses so I could sell them a year later at a huge profit, effectively stealing from another future family and the 100k in profit I’ll make will impact their ability to send their kids to college and my plan didn’t work out” crowd.”

And you have your priorities right as well.

[PerryChase]

Poetic justice would be another way to put it.

http://en.wikipedia.org/wiki/Poetic_justice

[PerryChase]

Poetic justice would be another way to put it.

http://en.wikipedia.org/wiki/Poetic_justice

[PerryChase]

Poetic justice would be another way to put it.

http://en.wikipedia.org/wiki/Poetic_justice

[drunkle]

which one’s the “gorgeous” house… aside from the lovely dirt garden in back, they’re kinda crappy… executive shatboxes, perhaps manager of mcdonald’s now comes with a title?

and good luck finding a new job, broker. repo man seems like a job with a future.

[drunkle]

which one’s the “gorgeous” house… aside from the lovely dirt garden in back, they’re kinda crappy… executive shatboxes, perhaps manager of mcdonald’s now comes with a title?

and good luck finding a new job, broker. repo man seems like a job with a future.

[drunkle]

which one’s the “gorgeous” house… aside from the lovely dirt garden in back, they’re kinda crappy… executive shatboxes, perhaps manager of mcdonald’s now comes with a title?

and good luck finding a new job, broker. repo man seems like a job with a future.

[Pasadena Broker]

temeculaguy, llnes,

I’ve been lurking on this blog for a few years, I think since 2005. I read the comments, and drama that unfolded with another poster (dow at 700). These little jab comments are nothing, if you think about what I do for a living and how it’s gotten tougher since last Friday with all underwriting guideline changes.

There’s always a few knuckleheads that want to add their 2 cent zinger on a forum, because it’s just that a forum. Nameless, faceless, blameless, more power to it. Repo man? Sure, send me an employer that hiring, I’ll do it for kicks and maybe I’ll learn how to hot wire a car or beat off a pissed off non paying owner.

I know of the pent up anger, however, blanketing general statements are dumb. Not everyone is in the same boat, and this comes to you from someone in the business, not standing in the sidelines and speculating.

[Pasadena Broker]

temeculaguy, llnes,

I’ve been lurking on this blog for a few years, I think since 2005. I read the comments, and drama that unfolded with another poster (dow at 700). These little jab comments are nothing, if you think about what I do for a living and how it’s gotten tougher since last Friday with all underwriting guideline changes.

There’s always a few knuckleheads that want to add their 2 cent zinger on a forum, because it’s just that a forum. Nameless, faceless, blameless, more power to it. Repo man? Sure, send me an employer that hiring, I’ll do it for kicks and maybe I’ll learn how to hot wire a car or beat off a pissed off non paying owner.

I know of the pent up anger, however, blanketing general statements are dumb. Not everyone is in the same boat, and this comes to you from someone in the business, not standing in the sidelines and speculating.

[Pasadena Broker]

temeculaguy, llnes,

I’ve been lurking on this blog for a few years, I think since 2005. I read the comments, and drama that unfolded with another poster (dow at 700). These little jab comments are nothing, if you think about what I do for a living and how it’s gotten tougher since last Friday with all underwriting guideline changes.

There’s always a few knuckleheads that want to add their 2 cent zinger on a forum, because it’s just that a forum. Nameless, faceless, blameless, more power to it. Repo man? Sure, send me an employer that hiring, I’ll do it for kicks and maybe I’ll learn how to hot wire a car or beat off a pissed off non paying owner.

I know of the pent up anger, however, blanketing general statements are dumb. Not everyone is in the same boat, and this comes to you from someone in the business, not standing in the sidelines and speculating.

[Bugs]

I was under the impression that the Creative Investment Club convened on another website.

There are two homes involved, and we’re apparently not talking about someone whose original motivations were limited to providing shelter for her family. There was apparently a profit motive involved, which moves this conversation in an entirely different direction away from portraying her as the victim.

There isn’t just one human face involved in this problem nor one set of poor decisions – there are several. There’s the loan originator who apparently “qualified” their borrower for far more payment than she could handle; there was the lender who allowed the LO and this borrower to get away with overstating income and other qualifications on a mortgage application; and finally there was the investor who bought the POS loans without performing their due diligence to ascertain their true risks.

That’s if the original purchases were straightforward and there was no other problems, like an overstated appraisal from a “cooperative” appraiser.

There are plenty of human faces who participated in this process and who fed at this trough. Had Dina’s gamble worked our like her mentor Carlton said it would I doubt there’d be talk of feeling sorry for her right now, despite any of the lying it would have taken to fraudulently enable those profits.

Here’s some compassion – we’re glad that the forces of the market will soon relieve Dina of the mental burden she’s carrying right now. By getting it over quickly she’ll be able to put her pain behind here rather than having to face the long slow bleed only to eventually succumb anyway 5 years from now. With her contaminated credit and her losses behind her she’ll be able to commit her full attention on her day job and thus contribute meaningfully to our society.

As for being “helpful”, I think it’s because of RE brokers and LOs who wanted to “help” Dina that she’s in this mess.

Wait!! I gotta go!! There’s another episode of “Flip this house” on TV right now!!!

[Bugs]

I was under the impression that the Creative Investment Club convened on another website.

There are two homes involved, and we’re apparently not talking about someone whose original motivations were limited to providing shelter for her family. There was apparently a profit motive involved, which moves this conversation in an entirely different direction away from portraying her as the victim.

There isn’t just one human face involved in this problem nor one set of poor decisions – there are several. There’s the loan originator who apparently “qualified” their borrower for far more payment than she could handle; there was the lender who allowed the LO and this borrower to get away with overstating income and other qualifications on a mortgage application; and finally there was the investor who bought the POS loans without performing their due diligence to ascertain their true risks.

That’s if the original purchases were straightforward and there was no other problems, like an overstated appraisal from a “cooperative” appraiser.

There are plenty of human faces who participated in this process and who fed at this trough. Had Dina’s gamble worked our like her mentor Carlton said it would I doubt there’d be talk of feeling sorry for her right now, despite any of the lying it would have taken to fraudulently enable those profits.

Here’s some compassion – we’re glad that the forces of the market will soon relieve Dina of the mental burden she’s carrying right now. By getting it over quickly she’ll be able to put her pain behind here rather than having to face the long slow bleed only to eventually succumb anyway 5 years from now. With her contaminated credit and her losses behind her she’ll be able to commit her full attention on her day job and thus contribute meaningfully to our society.

As for being “helpful”, I think it’s because of RE brokers and LOs who wanted to “help” Dina that she’s in this mess.

Wait!! I gotta go!! There’s another episode of “Flip this house” on TV right now!!!

[Author]

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