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re: CNN: “Everyone in America commits mortgage fraud!”
Posted on 10/10/25 at 8:40 am to stout
Posted on 10/10/25 at 8:40 am to stout
For sure. I worked in banking for years. A personal financial statement isn't used as part of due diligence and underwriting for a loan, and borrowers aren't expected to be appraisers of their own real estate. All pertinent disclosures are verified by title attorneys, appraisers, bankers, employers, credit bureaus, etc. It was a completely conjured charge.
But with James, you have clear cut fraud to get more favorable rates. That's not going to stop dems and the media from shilling for her - they already are, but her rhetoric is going to get thrown in their faces and there's no talking points that can insulate her from that.
But with James, you have clear cut fraud to get more favorable rates. That's not going to stop dems and the media from shilling for her - they already are, but her rhetoric is going to get thrown in their faces and there's no talking points that can insulate her from that.
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Posted on 10/10/25 at 8:43 am to Narax
I was looking at buying a property one time and it had an exclusive agent (condo pre-sale). He suggested this and I said that's fraud and he got mad and threw a fit.
I contacted the developer, and the developer basically said he didn't care.
Its a dirty industry and plenty of people are willing to play. There are some honest ones and when you find them, keep them in your contacts.
I contacted the developer, and the developer basically said he didn't care.
Its a dirty industry and plenty of people are willing to play. There are some honest ones and when you find them, keep them in your contacts.
Posted on 10/10/25 at 8:46 am to stout
quote:
Well, to be fair, all of the AirBNBros have done exactly what Tish did. In fact, some even sold courses to others, telling them how to do i,t and mortgage fraud is the main component of their course on how to obtain properties or "doors" as they call it.
Except.........................those people are not attorneys bound by strict, mandatory rules of professional conduct whose job is to identify and prosecute lawless improprieties
This post was edited on 10/10/25 at 9:19 am
Posted on 10/10/25 at 8:46 am to winkchance
Maybe the worst most idiotic and poorly thought out analogy I've read in years.
Posted on 10/10/25 at 8:49 am to anc
quote:
Its a dirty industry and plenty of people are willing to play. There are some honest ones and when you find them, keep them in your contacts.
Truth.
Posted on 10/10/25 at 8:49 am to anc
quote:
Its a dirty industry and plenty of people are willing to play.
But it's still on you if you go along with it.
That's like going to the store and saying - look at all that stuff on the shelf! It's a dirty world, and there are lots of shoplifters, so.....
Posted on 10/10/25 at 9:27 am to stout
Not that I agree with what CNN just said. However, every business in NYC did what Letitia James accused Trump of, and the MSM and Dems had no problem with James prosecuting him well after the statute of limitations.
Posted on 10/10/25 at 9:29 am to stout
Somebody on this board linked the “everybody does it” argument a couple weeks ago.
Too many do it to make them all felons
This is a low key MSM narrative and not a very good one.
Too many do it to make them all felons
This is a low key MSM narrative and not a very good one.
This post was edited on 10/10/25 at 10:37 am
Posted on 10/10/25 at 9:35 am to stout
it started w/ Clinton's everyone lies about sex (which is probably true, lol)
Posted on 10/10/25 at 9:51 am to stout
quote:
Everyone in America commits mortgage fraud!
If I did it, I'd like them to tell me how I managed to do so.
Posted on 10/10/25 at 10:07 am to stout
Maybe someone should look into Kasies mortgage documents.
Posted on 10/10/25 at 10:10 am to stout
That is a ridiculous assertion
Posted on 10/10/25 at 10:10 am to stout
The lengths some people go to defend their party. What a shill!
Posted on 10/10/25 at 10:10 am to MidWestGuy
I absolutely agree. My point is that in my experience, it is regularly accepted.
Posted on 10/10/25 at 10:15 am to boosiebadazz
quote:
This isn’t about her valuing a property and being wrong, inflating it, etc.
This is about her certifying to a bank that she was going to use the home as a second residence for herself when she was actually going to rent it out to third parties as an investment property.
Those two things are fundamentally different.
I was basing my comment on CNN's comment that “Everyone in America commits mortgage fraud!”
Posted on 10/10/25 at 10:28 am to BuckeyeGoon
quote:
Oh yeah everyone in America takes out mortgages for multiple properties in different states.
I did. And on the application for mortgage on my second home I listed it as a second home - and out of state. As such I presumably paid a higher rate of interest (IDK); I definitely paid more for insurance, and I definitely paid more for property taxes. But you know what I didn’t do? I didn’t commit mortgage fraud by lying about it to save money.
Posted on 10/10/25 at 10:30 am to 21blackjack
quote:
We are all criminals! Of course! The REAL crime is naming someone a criminal.
You left out the codicil, “Unless it’s Trump or a conservative.”
Posted on 10/10/25 at 10:33 am to stout
The same "everyone" that they needed to invent sub-prime mortgages for only to watch them collapse so taxpayers could make whole?
Posted on 10/10/25 at 10:34 am to stout
quote:
I’m a senior officer in banking. @kasie is completely wrong. She couldn’t possibly be more wrong. She should familiarize herself with the charges levied against Big Tish. The one where she claimed a 5-residence dwelling as having 4 residences is actually quite serious.
This “senior officer in banking” apparently doesn’t even know what she’s been charged with.
Posted on 10/10/25 at 10:36 am to The Torch
I rate "The National Enquirer" and the "Daily Star" as more credible than MSNBC and CNN.
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