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[+] Anyone heard of National Title Network or Florida Title Services - Melinda Barcum, J.D./AL (4 replies)
10/7/2009 8:38:10 AM (4811 views)

[+] Southern Land & Title, LLC, Gadsden, AL - Edward Huguenin/SC (12 replies)
10/6/2009 1:18:26 PM (4437 views)

[+] TEXAS SEARCH REQUIREMENTS - HEIDI CIMA/PA (6 replies)
10/1/2009 1:45:44 PM (3804 views)

[-] KARMA?? - GABBY G/FL (6 replies)
9/30/2009 8:36:39 PM (4290 views)
Re: KARMA?? - Aaron  Johnston/IL
10/1/2009 12:08:07 AM (4782 views)
Re: KARMA?? - STEVE MEINECKE/TN
10/1/2009 1:28:51 AM (4245 views)
Re: KARMA?? - Aaron  Johnston/IL
10/1/2009 10:01:08 AM (4211 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 (4212 views)
Re: KARMA?? - Barbara Kelley/PA
10/5/2009 9:21:52 AM (4115 views)
Re: KARMA?? - Carl Litchfield/SC
10/12/2009 11:37:12 AM (3956 views)

[+] I saved a lot by switching to State Farm. - Matt Papsch/MD (12 replies)
9/30/2009 12:00:54 PM (3851 views)




[+] Ace National Abstract- UPDATE! - Deborah Z./PA (11 replies)
9/29/2009 7:38:37 PM (4054 views)

Instant Message Question - Robert Franco/OH
9/29/2009 10:02:19 AM (2977 views)

[+] Land Title Inquiries - Kristi Lee/NE (4 replies)
9/28/2009 5:36:55 PM (5291 views)

[+] SOT Mobile... - Robert Franco/OH (2 replies)
9/28/2009 11:14:08 AM (3514 views)

[+] NPR not paying!! - Martha  Lemoine/LA (5 replies)
9/28/2009 11:10:39 AM (3666 views)

[+] Dynamic Field Solutions won't PAY - Jacqueline Norris/MI (8 replies)
9/28/2009 8:26:19 AM (3768 views)

[+] Nonpaying Attorneys - AbstractorWatchdog com/NY (3 replies)
9/25/2009 8:27:43 PM (3614 views)

[+] Owners Policy Mechanics Lien Exception - edward hartung/OH (8 replies)
9/24/2009 6:17:48 PM (4572 views)

[+] PorterHouse Mortgage Services, Inc. ???? - george Hubka/MI (2 replies)
9/23/2009 5:43:32 PM (4011 views)

[+] American Freedom Assurance - Mary Adams/KY (2 replies)
9/22/2009 6:28:07 PM (3875 views)


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