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[+] Contract Omission ? - edward hartung/OH (2 replies)
10/7/2009 6:30:57 PM (3564 views)

[+] E&O insurance - Phil McLean/CO (4 replies)
10/7/2009 4:16:02 PM (3732 views)

[+] Cell Tower Searches? - David Adler/NY (7 replies)
10/7/2009 12:49:12 PM (4111 views)

Technical difficulties... - Robert Franco/OH
10/7/2009 9:29:02 AM (2829 views)

[+] Anyone heard of National Title Network or Florida Title Services - Melinda Barcum, J.D./AL (4 replies)
10/7/2009 8:38:10 AM (4818 views)




[+] Southern Land & Title, LLC, Gadsden, AL - Edward Huguenin/SC (12 replies)
10/6/2009 1:18:26 PM (4442 views)

[+] TEXAS SEARCH REQUIREMENTS - HEIDI CIMA/PA (6 replies)
10/1/2009 1:45:44 PM (3809 views)

[-] KARMA?? - GABBY G/FL (6 replies)
9/30/2009 8:36:39 PM (4294 views)
Re: KARMA?? - Aaron  Johnston/IL
10/1/2009 12:08:07 AM (4792 views)
Re: KARMA?? - STEVE MEINECKE/TN
10/1/2009 1:28:51 AM (4252 views)
Re: KARMA?? - Aaron  Johnston/IL
10/1/2009 10:01:08 AM (4223 views)

I probably said too much the first time, and this will be my last post regarding this situation. I called Pete to make him aware of this post so if he can and wants to add then it's up to him.

Here's what I am able to say at this point because of some legal issues that prevent me from saying too much.

Dig a little and you'll find what you need on Mark and Russ. Or just wait a little bit, and it'll come to light. Keep your eye on Orange County.

When you're a one-trick refi pony and hedged virtually everything on one large client - then the market turns and said client goes down hard you get stuck. Bad business decision? Sure. Malicious? No.

http://mortgagepirates.wordpress.com/2009/01/03/quick-loan-funding-and-daniel-sadek-emerge-as-pirate-swashbucklers-of-subprime-mortgage-reign-of-deceptive-mortgage-lending-citigroup-provided-much-of-the-support-for-his-pillaging/

That link will lead you to where you want to start to begin to understand what happened. At a few thousand orders per month and 3 months unpaid (never paid), some internal wrangling by a partner or two and disaster is imminent.

Obviously there's probably a lot more that I'm not aware of but that's the meat and potatoes.

 

 

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Re: KARMA?? - george Hubka/MI
10/4/2009 8:50:53 PM (4226 views)
Re: KARMA?? - Barbara Kelley/PA
10/5/2009 9:21:52 AM (4126 views)
Re: KARMA?? - Carl Litchfield/SC
10/12/2009 11:37:12 AM (3964 views)

[+] I saved a lot by switching to State Farm. - Matt Papsch/MD (12 replies)
9/30/2009 12:00:54 PM (3854 views)

[+] Ace National Abstract- UPDATE! - Deborah Z./PA (11 replies)
9/29/2009 7:38:37 PM (4060 views)

Instant Message Question - Robert Franco/OH
9/29/2009 10:02:19 AM (2980 views)

[+] Land Title Inquiries - Kristi Lee/NE (4 replies)
9/28/2009 5:36:55 PM (5297 views)

[+] SOT Mobile... - Robert Franco/OH (2 replies)
9/28/2009 11:14:08 AM (3525 views)

[+] NPR not paying!! - Martha  Lemoine/LA (5 replies)
9/28/2009 11:10:39 AM (3675 views)

[+] Dynamic Field Solutions won't PAY - Jacqueline Norris/MI (8 replies)
9/28/2009 8:26:19 AM (3779 views)


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