View Single Post
  #11  
Old 21st August 2008, 03:00 AM
Tom Joad's Avatar
Tom Joad Tom Joad is offline
Senior Member
 
Join Date: Jan 2006
Location: Banana Republic of Florida, USA
Posts: 6,313
Default

Quote:
Originally Posted by LottomagicZ4941 View Post
Should have said, "No" more but commisions would have been lost 'cuz someone else may have said yes.
That's the problem. The people underwriting the loans had no stake in them. They were making a killing on commisions and then unloading the loans onto someone else.
Reply With Quote