Real estate blog entries tagged with throw away second by Ed Rybczynski (Jos. A. Bank Clothiers)

Home : Blogs : Ed Rybczynski : For What it's Worth! : Tag "throw away second"

throw away second: The Silent Second: Unfettered Sleaze - 11/18/07 05:51 PM

Silent seconds (mortgages) are seemingly gaining popularity to accommodate an exaggerated need to make "deals work." I wrote a post last week, The Cult of the Morally Deficient, in response to a loan originator's comment that he had recently confronted silent seconds in a number of proposed transactions. The comment was … (18 comments)

throw away second: The Cult of the Morally Deficient - 11/10/07 02:02 PM

There seems to be something of a "collective subconscious" among those who would perpetrate mortgage fraud. The notorious schemes of the past that resulted in "highly-publicized" criminal convictions have a strange and bothersome tendency to resurface. Most interesting is the innate quality of an illegal concept to migrate from coast to … (41 comments)

throw away second: The "Silent Second" Revisited! - 12/23/06 06:38 PM

On November 26, 2006, the Orlando Sentinel published an article entitled "Hear this loud and clear: A "silent mortgage" is fraud." The article was written by syndicated columnist Robert Bruss, Inman News. The term "silent mortgage", synonymous with "silent second", is one that I hadn't heard for nearly a decade. Feeling … (34 comments)

Related Links: