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ill gotten gains: How Much Should Realtors Be Fined for Their Part in the Subprime Lending Crash? - 01/02/08 05:42 PM
Recently, a Think Tank began discussing the lack of Integrity in the Real Estate Industry and what percentage of blame was deserved where. Most Realtors blame the mortgage industry; the brokers, companies and the abundance of bad loans on properties during an unsustainable and irrational exuberance rise in home prices. Sure, that makes sense, everyone wishes to shift responsibility and it is hard to deny that the mortgage industry made some huge errors in judgment for some quick short-term gain.
Nevertheless, let us look at the Realtors and their part in all of this. Realtors either knew or should have known that … (68 comments)

 

Lance Winslow

Malibu, CA

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The Car Wash Guy

Address: 74-478 Hwy 111, Palm Desert, CA, 92260

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Mr. Winslow uses the Active Rain Real Estate Industry Blog, to discuss issues that affect the Real Estate sector of our economy. His dialogues include such things as; droughts, subprime lending fallout, building materials, living off the grid, sales ethics, commercial property, crime, revitalizing downtowns, economic development, community volunteerism, and predicting the future of the real estate markets in the United States.


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