tag:blogger.com,1999:blog-8515247115132134144.post8961949342189077108..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Mortgage Audits: A Continuing Sign of the TimesStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8515247115132134144.post-32683355840109740402011-06-15T15:42:16.797-07:002011-06-15T15:42:16.797-07:00GawainsGhost,
Most of these mortgage auditors are...GawainsGhost,<br /><br /><i>Most of these mortgage auditors are former mortgage brokers, a gangly lot of unlicensed, unregulated confidence men.</i><br /><br />I very nearly shared the following link in my original post.<br /><br /><a href="http://www.loansafe.org/forensic-mortgage-audit-scam" rel="nofollow">Forensic Mortgage Audit is the New Scam Targeting Homeowners</a><br /><br /><i>Many of the firms offering this type of service are most likely reincarnated loan modification frauds with a new name or they are out of work mortgage brokers working from their kitchen tables.</i>Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-79290577382072890472011-06-15T15:39:42.992-07:002011-06-15T15:39:42.992-07:00MaxedOutMama,
I slept through all the excitement....MaxedOutMama,<br /><br />I slept through all the excitement.<br /><br />Your comment made me immediately check out the price of oil to see what I was missing.<br /><br />Oil down big.<br />Stocks down big.<br />TIPS up big.<br />Cash untrashed.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-89431662156243478182011-06-15T13:18:17.009-07:002011-06-15T13:18:17.009-07:00Most of these mortgage auditors are former mortgag...Most of these mortgage auditors are former mortgage brokers, a gangly lot of unlicensed, unregulated confidence men.<br /><br />Need a loan to buy an overpriced house? I'll make some phone calls, find a lender, charge you 2%, and wait for the next greater fool.<br /><br />Now, they're pretending to clean up the mess they made. It never ends.<br /><br />I've had to deal with several of these people over the years, particularly during the mid-00s. They're all idiots. Most of them went out of business when the bubble burst. I guess they found another con to run.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-4932854631141881592011-06-15T12:44:46.415-07:002011-06-15T12:44:46.415-07:00See, if only you were willing to sell your TIPS an...See, if only you were willing to sell your TIPS and buy oil, the recovery would work. It's the craven lack of optimism that you demonstrate that is ruining this trade for Goldman Sachs.MaxedOutMamahttps://www.blogger.com/profile/08011469804162511617noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-26985941405892456272011-06-15T05:37:08.651-07:002011-06-15T05:37:08.651-07:00mab,
Today only!
Buy one sham at the regular pri...mab,<br /><br />Today only!<br /><br />Buy one sham at the regular price and get a second sham free! Just pay separate sham processing and shipping!<br /><br />100% guarantee! If for some reason you don't fully enjoy both shams then send them back for a full sham refund. (Less sham processing and shipping and sham processing and shipping.)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-72185469820486672392011-06-15T03:48:07.249-07:002011-06-15T03:48:07.249-07:00Stag,
Do you have any idea how dangerous your thi...Stag,<br /><br />Do you have any idea how dangerous your thinking is? I'll give you a hint: it threatens the stability of the debt ponzi scheme - our way of life!<br /><br />Still bearish, bah! Come on, we need less cynicism and more gullibility. Do you have any idea how difficult it is to push counter-productive, fraudulent and extractive debt on a well informed and cynical society? Even the best and the brightest can't do that. What's a rentier to do?<br /><br />What would you have bankers and other financial scammers do - productive lending? The margins on productive lending are tiny! NFW! Mega Wall St. payouts (the engine of our eCONomy!) come from shams!<br /><br />We need to get shams and sham credit flowing again. Sham credit is good, Government debt is bad. Bad, bad, bad. Really f@%#ing bad. Just ask Japan about what happens when the bond vigilantes show up. Mish and Denninger can tell ya. They know! <br /><br />What ever you do, don't ever forget the golden rule of extractive finance - we can only use Gov't debt for bailouts of the wealthy and welfare.mabnoreply@blogger.com