Comments on: For Desperate Homeowners, Scams Abound

CBS Evening News: How A Company Promising Help Cost One Woman Her American Dream

[solarrays247-2009]

Deregulation was just another word for legalizing scamming.

Phil Gramm was the Head of this Massive ripoff scheme.

And we''''re paying the price right now!

Posted by jerr11 at 12:43 PM : Dec 28, 2008

Yep! Good point, jerr11. And accurate!

[solarrays247-2009]

I left the business because of scumbags out to snare the public. There are still some decent people in the mortgage business.
Posted by Solarrays247 at 11:44 PM : Dec 27, 2008

And I bet that you never told a lie to get a bigger commission or slid a little shaft into someone when they were not looking.

Posted by d7767w at 02:07 PM : Dec 28, 2008

Absolutely not!!!! If you would take the time to learn your profession, and know your product, and have some pride in your own integrity and honesty....the scamming is not necessary to be successful!

Why? Are you one of those scumbags that can only be successful by being one of those (to quote you) "lie to get a bigger commission or slid a little shaft into someone when they were not looking"?

You are a great example of the mindset that has penetrated our society, and has led to this horrible financial fiasco.

Enough said....I can only look to our young people now to get this country back on the right track...that is those young people who are lucky enough not to have losers like you as parents.

[nothappyatall]

"Craig agreed to pay $30,000 and"

She couldnt have been in THAT bad shape if she had $30,000 to hand over!!

[jerr11]

Deregulation was just another word for legalizing scamming.

Phil Gramm was the Head of this Massive ripoff scheme.

And we''re paying the price right now!

[sumarongi1]

Vc,

Regardless of how stupid some individuals have been, the scammers are still the evil step-children. When these scammers are caught and convicted, they should be sentenced to fifteen to twenty years at HARD LABOR!
Then the next would be scammer just might think twice before taking advantage of others.

[biomegaly]

Nobody should feel sorry for this woman. She is, afterall, a paralegal. She inherited this home. I''m assuming she must have recieved the home with a free and clear title. Then probably borrowed a bunch of money against it. And then she couldn''t afford to pay it. I think it is so sad our government wants to give people help with their mortgage. If it sounds to good to be true it is. You can''t get in over your head, do wrong and then get rewarded for it. What is happening to our country?! People -- pay yourself first. Stop giving your hard earned money away to these monsters. Don''t use credit cards UNLESS you pay the entire balance every month.

[buttonjockey]

"Bbut that warning came too late for . . . "

". . . Craig says she''ll be moving into her car on next week . . . "

It would appear that a new scam is afoot. A "company" offers editor services to news outlets, collects an unknown sum of money for it and then outsources it to illiterate children in developing nations. The victim in this scam winds up with typos, spelling errors and poor grammar in most of their articles.

CBS News has obviously been taken.

[vcofreason]

I cannot even believe that I typed week instead of weak. Next time, I should have coffee before posting.

[vcofreason]

No matter how desperate someone is, no matter how deep their debt, they should not be allowed to enter into a contract until someone with common sense takes a look at the proposed contract. This person needs to be a third party, unbiased and completely unknown to the two parties. Yeah, I know, good luck with that. It''s the truth though. The strong will always prey upon the week. I truly do not know how those people live with themselves, but, unlike many of us, they don''t have a conscience. I like money as much as the next guy, but I don''t have the right to take it from others in a deceptive manner.

[zzy-izzy]

If anyone takes out a loan on a home and is more than 25% of there net pay they may be headed for trouble