Comments on: Foreclosures now have blogs! http://www.hayesc.com/blog/2006/09/foreclosures-now-have-blogs/ *sip* Sun, 21 Aug 2011 19:00:31 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Christine http://www.hayesc.com/blog/2006/09/foreclosures-now-have-blogs/comment-page-1/#comment-652 Christine Mon, 16 Oct 2006 04:58:49 +0000 http://www.hayesc.com/blog/?p=264#comment-652 I am going to have to close the comments, too many darn spammers. I am going to have to close the comments, too many darn spammers.

]]> By: Christine http://www.hayesc.com/blog/2006/09/foreclosures-now-have-blogs/comment-page-1/#comment-608 Christine Mon, 25 Sep 2006 23:41:46 +0000 http://www.hayesc.com/blog/?p=264#comment-608 I agree. Casey's blog, before he shut it down, was full of pretty harsh comments and foretelling of his future in debtors prison from the peanut gallery. Like you said Tim, it was a 2 way street and the loan business practiced in the past 5 years have been Way to Lax. I hope he takes care of his financial and legal problems. Jail (as some have predicted) seems harsh, a waste of time and taxpayers money. Because if he goes, why not have all the mortage brokers who told him "where to sign on the dotted line" and then picked up their commission check accompany him? I agree. Casey’s blog, before he shut it down, was full of pretty harsh comments and foretelling of his future in debtors prison from the peanut gallery.
Like you said Tim, it was a 2 way street and the loan business practiced in the past 5 years have been Way to Lax. I hope he takes care of his financial and legal problems. Jail (as some have predicted) seems harsh, a waste of time and taxpayers money.
Because if he goes, why not have all the mortage brokers who told him “where to sign on the dotted line” and then picked up their commission check accompany him?

]]> By: Tim Wright http://www.hayesc.com/blog/2006/09/foreclosures-now-have-blogs/comment-page-1/#comment-607 Tim Wright Mon, 25 Sep 2006 23:26:48 +0000 http://www.hayesc.com/blog/?p=264#comment-607 Wow. I am impressed. I do think this is, however, a two-way street: Even though no one said "stop"—and perhaps even encouraged some suspect things, there also needs to be a personal ethical, moral, and legal check (which I think I see going on right now). Unfortunately that is not something you will get from businesspeople. In fact, you may have missed it, but graduate students in business school are mosre likley to cheat to get their degress than anyone else (nearly 60% admitted to plagiarizing a paper or cheating on an exam). Their No. 1 excuse? That it was an accepted practice and that, as that is what they would need to do to get ahead in their chosen profession, it was therefore acceptable. Sigh. Wow. I am impressed. I do think this is, however, a two-way street: Even though no one said “stop”—and perhaps even encouraged some suspect things, there also needs to be a personal ethical, moral, and legal check (which I think I see going on right now). Unfortunately that is not something you will get from businesspeople. In fact, you may have missed it, but graduate students in business school are mosre likley to cheat to get their degress than anyone else (nearly 60% admitted to plagiarizing a paper or cheating on an exam). Their No. 1 excuse? That it was an accepted practice and that, as that is what they would need to do to get ahead in their chosen profession, it was therefore acceptable.

Sigh.

]]> By: Casey Serin http://www.hayesc.com/blog/2006/09/foreclosures-now-have-blogs/comment-page-1/#comment-606 Casey Serin Sun, 24 Sep 2006 11:33:57 +0000 http://www.hayesc.com/blog/?p=264#comment-606 I just posted an update with details on what exactly I did that may be considered "SHADY": <a href="http://iamfacingforeclosure.com/33/will-i-go-to-jail-for-mortgage-fraud/" rel="nofollow">Will I Go To Jail For Mortgage Fraud?</a> After I get feedback on this post and talk to some attorneys I will hopefully know if jail time is a realistic expectation. I honestly didn’t think the stuff I did was THAT bad. Especially since all the people helping me do it (gurus, wholesalers, investors, mortgage brokers) didn’t seem to think there is much to worry about. I think taking the blog down is a little too late. I might as well keep going. My Plan: 1) come clean [done] 2) figure out what I did that was so illegal and HOW illegal is it? 3) appologize 4) EXPOSE shady industry practices in the process 5) become an example for others facing foreclosure who may have done SHADY loans I think that would be a good use of free speech and personal journalistm. Yes I will have to take whatever consequences that come. I just posted an update with details on what exactly I did that may be considered “SHADY”:

Will I Go To Jail For Mortgage Fraud?

After I get feedback on this post and talk to some attorneys I will hopefully know if jail time is a realistic expectation.

I honestly didn’t think the stuff I did was THAT bad. Especially since all the people helping me do it (gurus, wholesalers, investors, mortgage brokers) didn’t seem to think there is much to worry about.

I think taking the blog down is a little too late. I might as well keep going.

My Plan:

1) come clean [done]

2) figure out what I did that was so illegal and HOW illegal is it?

3) appologize

4) EXPOSE shady industry practices
in the process

5) become an example for others facing foreclosure who may have done SHADY loans

I think that would be a good use of free speech and personal journalistm.

Yes I will have to take whatever consequences that come.

]]> By: Chris' Squeeze http://www.hayesc.com/blog/2006/09/foreclosures-now-have-blogs/comment-page-1/#comment-602 Chris' Squeeze Sat, 23 Sep 2006 16:21:32 +0000 http://www.hayesc.com/blog/?p=264#comment-602 God bless the free market economy! :p God bless the free market economy! :p

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