Prisoners Taught Mortgage Brokering as New Career

Sep 29th, 2010  
by IrvineRenter  in HELOC Abuse Library News

Astute Observations

Astute Observation by Earthquake
2010-09-29 06:09 AM

Well, the criminals are moving up in the world.  Everyone knows the money is in white collar crime.

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Astute Observation by Swiller
2010-09-29 06:24 AM

The criminals already hold the highest paying jobs on Wall St. OR they get elected into U.S. politics.

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Astute Observation by Chris
2010-09-29 08:36 AM

You forgot the Fed voting committee.

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Astute Observation by Kirk
2010-09-29 10:39 AM

Now be a good little boy, Jonnie, or the Fed under your bed will inflate you till you burst and then eat all your tasty giblets.

A childhood fable that all libertarians and conservatives recite to their children at bedtime.

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Astute Observation by irvineshadow
2010-09-29 09:39 AM

Hey IR,

In one sentence you say the criminals should learn skills and rehabilitate, then you say would the public feel comfortable using the services of that rehabilitated criminal?  Which is it gonna be ?!  question

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Astute Observation by IrvineRenter
2010-09-30 08:05 AM

There are certain services that should not be entrusted to criminals. For instance, I don’t think convicted pedophiles should become teachers. The question raised here is whether or not white-collar criminals should be allowed to deal with sensitive financial data. I don’t think they should.

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Astute Observation by Will
2010-09-29 10:38 AM

While there is a potential to make money in the mortgage business, I would warn any ex-con looking to get into it that he will suffer a huge loss of reputation if he enters that profession.  Also, he will acquire undesirable “friends” who will make him yearn for his former companions.  If he still desires to continue in this he should not tell anyone from his “inside” days about his new profession or he will lose their friendship.

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Astute Observation by HydroCabron
2010-09-29 11:48 AM

Sound advice.

Reminds me of something Ambrose Bierce would say, along the lines of a priest pretending his church was an opium den in order to gain respectability in the community.

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Astute Observation by Anonymous
2010-09-29 02:12 PM

Trial set in billionaire Bren’s $1.4M stolen-check case
By GREG HARDESTY

http://www.ocregister.com/news/kamil-268657-bank-federal.html

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Astute Observation by Brain
2010-09-30 01:39 PM

They got it backward again.  It should be the mortgage brokers becoming prisoners.

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Astute Observation by Debunk
2010-10-01 09:58 AM

Minor detail overlooked by the author…with the NMLS & State Licensing Requirements, these felons will not be doing business in the mortgage industry…at least not on the origination side of the biz.  But cute story of one felon sellign pipe dreams to other felons for prison store scrip…

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