hahahahahaahah! disagreeing with your wild theories is stalking!! lol whinge much??both were happening, but the huge write-offs in 2007-2008 would not have happened without the identity theft taking advantage of MERS (electronic online processing introduced to the industry in 2001 and universal by 2005.
gabriel is stalking again, he's mad because he blames me for his last banning. I didn't get the guy banned, that happened between him and the moderators.
im not sure i agree it was legally fraud.did not see that, thanks for the clarification. But does it really matter how the fraud happens? While that example is pretty obvious, the same thing happened here on the up and up and the net result was the same. That is my point.
neither were you pal.Because you don't know anything about it. The New York AG wouldn't be filing multi-billion dollar suits against the biggest banks on Wall Street for fraud if there wasn't fraud.
Have you ever been a mortgage banker?
what is you basis for laughing at the post above? Want to spell out that LOL?
nonsense, i wrote thisyou aren't arguing the post, you are attacking the poster.
I'll just report the post and let the moderators decide.
you were a mortgage broker. bankers risk money making loans. brokers are nothing more than middlemen. they risk nothing. dont worry, i watched degs refute your claims with ease. posting arguements against your claims is not stalking. you are in a public forum and your publicly expressed opinions (or facts as you like to call them) are open for challenge. if you dont like me challenging the posts you make, use the ignore button.so you are just stalking me, calling me a liar every chance you get.
The New York AG is suing JPMorgan for billions of dollars for FRAUD....
but you toss it back at me as if I'm lying. Yeah, Gabe, fake mortgages, lol, AKA, fraud.
I carried a license in the state of Illinois up to the summer of 2009 when I let it lapse.
Everyone who knows me, knows that... pal.
stop the stalking, Gabe.
brokers are salesmen. nothing more. they work FOR bankers.You have a shiv up your spine and you are stalking me, attacking anything that your weak understanding thinks is a flaw.
you did this and you got banned.
now you go right back to it.
two of the brokers I worked for were bankers. It makes very little difference, the loans get processed the same way and go through an underwriter; the only difference being that correspondent is a little more sticky. there was no difference in my license under brokers versus under bankers. Technically, we are tabling the money when we are the banker, but the money comes from the same source... its still a Lender warehouse line of credit that is closing the loan.
From October, 2000 through June, 2009 I was employed as a Loan Originator in the state of Illinois.
and you?