No job. You don’t need a stinking job and by the time we sell your mortgage to the investors, they won’t even know you don’t have a job and both of us will have our money and be long gone! Sound like a plan?


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{ 5 comments… read them below or add one }
Moe, thanks for sharing that insider perspective… quite articulate and informative.
- Paul
Yes, you should hear her on the phone. She will be a new “secret” guest author for my blog. This lady was tellling me some insider secrets that you wouldn’t believe. Stay tuned for some good stuff!
From your listserv to Wallstreet’s ears.
THAT’S THE WAY THE COOKIE CRUMBLES. GOOD NEWS IS THAT I ATE MOST MY COOKIES AND TOOK THE ONES OUT THAT I HAD IN THE OVEN WAY LONG AGO.
THOSE LEFT WITH THEIR HAND IN THE COOKIE JAR SHOULDA KNOWN BETTER.
WE DIDN’T REALIZE IN ALL OUR GREED AND BONUSES THAT IT WOULD COME DOWN LIKE IT OS NOW. NOW MULTIPLY ME BY THOUSANDS OF BROKERS WHO SOLD AND MADE MILLIONS OFF THE JUNK MBS’S.
I’M NOT GOING TO SIT HERE AND DEBATE THE TRUTH. I CAN HANDLE THE TRUTH. I JUST DON’T KNOW IF THE BIG GUYS WILL WHEN THE HEAD TO THE FEDERAL PEN.
RETIRED OFF OF MBS’S. SORRY HOMEOWNERS.
WALL STREET WALLY LOVES YOU ALL
Very well said. Where do I go to sign up to help you get this through the brains of the mentally bankrupt.I have said all along that modifications are the only way this can be stopped. “Even a blind squirrel finds a nut once in awhile”. Foreslosure is not the answer. I too have the somewhat the same experience as you and until this article, I was wondering if I was the only one that felt this way or could figure out how it would all work if we tried. You did a wonderful job of stating this solution. I could have never said it that way.