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August 26, 2008 at 11:18 AM #262162August 26, 2008 at 12:24 PM #262235kev374Participant
[quote=Ren]They made her a psychiatrist on the application, gave her a business name and imaginary savings, and she didn’t question any of this at the time? I have no sympathy whatsoever.[/quote]
and they were willing participants in this scam because they signed the contracts and collected the money.
August 26, 2008 at 12:24 PM #262274kev374Participant[quote=Ren]They made her a psychiatrist on the application, gave her a business name and imaginary savings, and she didn’t question any of this at the time? I have no sympathy whatsoever.[/quote]
and they were willing participants in this scam because they signed the contracts and collected the money.
August 26, 2008 at 12:24 PM #261972kev374Participant[quote=Ren]They made her a psychiatrist on the application, gave her a business name and imaginary savings, and she didn’t question any of this at the time? I have no sympathy whatsoever.[/quote]
and they were willing participants in this scam because they signed the contracts and collected the money.
August 26, 2008 at 12:24 PM #262176kev374Participant[quote=Ren]They made her a psychiatrist on the application, gave her a business name and imaginary savings, and she didn’t question any of this at the time? I have no sympathy whatsoever.[/quote]
and they were willing participants in this scam because they signed the contracts and collected the money.
August 26, 2008 at 12:24 PM #262184kev374Participant[quote=Ren]They made her a psychiatrist on the application, gave her a business name and imaginary savings, and she didn’t question any of this at the time? I have no sympathy whatsoever.[/quote]
and they were willing participants in this scam because they signed the contracts and collected the money.
August 26, 2008 at 12:52 PM #262250CoronitaParticipantWell this is interesting. Did they just admit on record that they committed mortgage fraud?
I wonder if they are going to get prosecuted for it? I mean, could a lender technically go after them if they wanted?
Certainly, if I was a participant in something illegal and subsequently got burned by it, i wouldn’t want it to others to know, let alone be on a interview video.
Ignorance of laws isn’t an excuse.
And regarding the title of this news story “The foreclosure crisis may not hit home for a lot of us until we hear the stories of those who lost a home.”
..um, no. To date, i still don’t know anyone among my friends/relatives that have or are in danger of losing a home. So can’t really relate.
August 26, 2008 at 12:52 PM #262198CoronitaParticipantWell this is interesting. Did they just admit on record that they committed mortgage fraud?
I wonder if they are going to get prosecuted for it? I mean, could a lender technically go after them if they wanted?
Certainly, if I was a participant in something illegal and subsequently got burned by it, i wouldn’t want it to others to know, let alone be on a interview video.
Ignorance of laws isn’t an excuse.
And regarding the title of this news story “The foreclosure crisis may not hit home for a lot of us until we hear the stories of those who lost a home.”
..um, no. To date, i still don’t know anyone among my friends/relatives that have or are in danger of losing a home. So can’t really relate.
August 26, 2008 at 12:52 PM #262190CoronitaParticipantWell this is interesting. Did they just admit on record that they committed mortgage fraud?
I wonder if they are going to get prosecuted for it? I mean, could a lender technically go after them if they wanted?
Certainly, if I was a participant in something illegal and subsequently got burned by it, i wouldn’t want it to others to know, let alone be on a interview video.
Ignorance of laws isn’t an excuse.
And regarding the title of this news story “The foreclosure crisis may not hit home for a lot of us until we hear the stories of those who lost a home.”
..um, no. To date, i still don’t know anyone among my friends/relatives that have or are in danger of losing a home. So can’t really relate.
August 26, 2008 at 12:52 PM #261989CoronitaParticipantWell this is interesting. Did they just admit on record that they committed mortgage fraud?
I wonder if they are going to get prosecuted for it? I mean, could a lender technically go after them if they wanted?
Certainly, if I was a participant in something illegal and subsequently got burned by it, i wouldn’t want it to others to know, let alone be on a interview video.
Ignorance of laws isn’t an excuse.
And regarding the title of this news story “The foreclosure crisis may not hit home for a lot of us until we hear the stories of those who lost a home.”
..um, no. To date, i still don’t know anyone among my friends/relatives that have or are in danger of losing a home. So can’t really relate.
August 26, 2008 at 12:52 PM #262289CoronitaParticipantWell this is interesting. Did they just admit on record that they committed mortgage fraud?
I wonder if they are going to get prosecuted for it? I mean, could a lender technically go after them if they wanted?
Certainly, if I was a participant in something illegal and subsequently got burned by it, i wouldn’t want it to others to know, let alone be on a interview video.
Ignorance of laws isn’t an excuse.
And regarding the title of this news story “The foreclosure crisis may not hit home for a lot of us until we hear the stories of those who lost a home.”
..um, no. To date, i still don’t know anyone among my friends/relatives that have or are in danger of losing a home. So can’t really relate.
August 26, 2008 at 12:57 PM #262299patientlywaitingParticipantI do have sympathy.
If she lived in Canada, she’d be fine.
Caveat Emptor is fine for well-educated people. But it’s the government’s job to protect the most vulnerable. She should not have been able to get a loan.
Sometimes we do need to protect people from themselves.
August 26, 2008 at 12:57 PM #262260patientlywaitingParticipantI do have sympathy.
If she lived in Canada, she’d be fine.
Caveat Emptor is fine for well-educated people. But it’s the government’s job to protect the most vulnerable. She should not have been able to get a loan.
Sometimes we do need to protect people from themselves.
August 26, 2008 at 12:57 PM #262207patientlywaitingParticipantI do have sympathy.
If she lived in Canada, she’d be fine.
Caveat Emptor is fine for well-educated people. But it’s the government’s job to protect the most vulnerable. She should not have been able to get a loan.
Sometimes we do need to protect people from themselves.
August 26, 2008 at 12:57 PM #262201patientlywaitingParticipantI do have sympathy.
If she lived in Canada, she’d be fine.
Caveat Emptor is fine for well-educated people. But it’s the government’s job to protect the most vulnerable. She should not have been able to get a loan.
Sometimes we do need to protect people from themselves.
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