Covering the mortgage and real estate market in California. Find information on real estate, mortgage vendors and mortgage brokers.
Thursday, October 26, 2006
Ok loose credit standards personified.
This self aggrandizing 24 year old UNEMPLOYED web designer managed to buy 6 homes in less than two years using liars loans. The fact that he lied on his loans on his loans isn't surprising. I think it's the fact that he thinks getting enough media attention will bail him out. It will have the opposite effect especially since he has already admitted to mortgage fraud multiple times on his blog. Said thing is we predicted something like this would come out during the current run up of real estate in California over a year ago on this blog.
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