The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: James Hutton	1/12/2011 3:30:50 PM
	2 Recommendations Read Replies (1) of 119360

Low level fraudster gets prison time - post-gazette.com This excerpt is priceless: Ms. Berger portrayed herself as a reluctant participant in the pre-crash subprime mortgage orgy, saying she even had "Ken rules" governing when her agents could and could not use unlicensed appraiser Kenneth Cowden, a central cog in the region's fraudulent loan machine who now is on probation. She was trying to get her associates to stop using Mr. Cowden, but then he gave her a baby shower gift, so she thought, "OK, it's not so bad, I guess," she said. Read more: post-gazette.com

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