[ShortSaleBuyingExperts:33] Mortgage Broker Confesses ! "What We DID Was CRIMINAL" !

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Apr 22, 2010, 1:23:25 PM4/22/10
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Mortgage Broker Confesses ! "What We DID Was CRIMINAL" !

Folks . . . The TRUTH is Coming OUT In a BIG Way and Going "Main
Stream"

In his Article, written by

He States:

"The basic rules of lending were banned in the credit bubble.
Sacrifice was a joke. Money was easy. Now we have the aftermath of the
crisis. It is only beginning. The most notorious method for stealing
burning squandering money in our real-estate-and mortgage bubble was
something called stated-income loans. The popular term now is liar
loans.

What does that mean?

READ THE FULL ARTICLE AT:

http://groups.google.com/group/ShortSaleBuyingExperts/web/Mortgage.Broker.Confesses-What.We.Did.Was.Criminal.pdf

BILL BLACK FOREWARNED ABOUT THESE SO CALLED "LIAR LOANS" as Far Back
as:
3rd April of 2009 in an Interview with Bill Moyers of PBS . . . Here
is a Brief Summary of this
Interview:

Bill Moyers | Bill Black on How Banks got us in this Mess?

The financial industry brought the economy to its knees, but how did
they get away with it?

With the nation wondering how to hold the bankers accountable, Bill
Moyers sits down with Bill Black, the former senior regulator who
cracked down on banks during the savings and loan crisis of the 1980s.
Black offers his analysis of what went wrong and his critique of the
bailout.

For the person who can’t believe fraud could be committed on a grand
scale, who believes the
world works according to right and wrong, the truth is stark and
simple: Originating banks
allowed borrowers to say or to “state” or to lie about their income
and no proof was required to
back up what was said or “stated” or lied about.

You could lie about your income to take out a new mortgage and the
bank never checked to see
if what you said was true or false.

TO VIEW THIS VIDEO NOW . . . PLEASE VISIT:

http://groups.google.com/group/ShortSaleBuyingExperts/web/video-links

OR ... IF You're ARE In a HURRY ... Here is the DIRECT LINK TO THIS
VIDEO INTERVIEW:

http://www.youtube.com/watch?v=Rz1b__MdtHY

FOLKS ... LISTEN ! ! !

It's HIGH TIME We PASS The "WORD" Around !

Each One of you Has Friends that You PASS "Jokes" Around To by
Email . . .

DOESN'T THIS "NEWS" MERIT AT LEAST THE SAME ATTENTION ! ? !

I'll Let your Conscience be the Guide on this One !

But the ONE Thing that the "Good Ole Boys" Can't STAND Is:

"THE LIGHT OF TRUTH" ! ! !

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Hope This Proves Helpful to One and All !

Your Group Moderator


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--
Hope You FIND this Info and Your Group HELPFUL,

Steve:Weber
931-668-8080 OFC
615-815-4041 Cell
888-815-2747 FAX
ShortSaleB...@gmail.com

P.S. Your Participation and Contributions Are Welcomed
Please SEND them to me at Email Address Above ! !

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