Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: pstuartb who wrote (5019)	2/7/2011 12:28:08 PM
From: Broken_Clock	1 Recommendation Respond to of 119362

some lied, others didn't. We need to remember that audits of mortgage tranches are showing lender fraud above 90% in some of these tranches. I know many many families that were screwed by fraud via corrupt lenders.

To: pstuartb who wrote (5019)	2/7/2011 12:34:19 PM
From: Slumdog	Respond to of 119362

...."Willful Blindness" by the banks and the borrowers........

To: pstuartb who wrote (5019)	2/7/2011 8:50:19 PM
From: Pogeu Mahone	3 Recommendations Read Replies (1) \| Respond to of 119362

Welcome to sunday school. By definition banks are to do due diligence to see if the applicants are credit worthy or scam artist!!!! So for a bank to accept a liar loan and give the liar the money is not the liars fault. The bank disregarded over a 100 years of SOP! Get it thru your head when you lied on a loan application you were denied the loan! Liars have been denied loans forever. Then you want to blame the people who played the game as the banks dictated? Step right up and have a shot to get rich. No skin in the game required.