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In this edition of the Blown Mortgage Interview Series we talk with Aaron Krowne, founder of the Mortgage Lender Implode-O-Meter about the state of the housing and mortgage market. We run the gamut of bubble discussion from housing to homeland security to other financial economic props that exist in our economy.
We also talk about his site’s 100th mortgage company implosion, the perils of reporting on mortgage company collapse and his predictions for the future of the housing and mortgage markets.
An insightful interview with the man who has created a phenomenon of the “implosion” a common term in the lexicon of the mortgage industry.
Music licensed under the Creative Commons license, The Streets of Miami performed by Dokapi.
What journalistic credibility are you attributing your comment regarding perils of reporting?
As much as I find the ‘implode’ web site useful to see what continues to be the demise of an industry, I find his rhetoric to be opinionated and overtly damaging to those companies and individuals that are (and have been) diligent about their business.
Reporting in a journalistic manner is welcome… and opinions are valuable if it’s coming from an angle of knowledge and/or credibility. The manner in which ‘implode’ glorifies the situation is as unusual as you conducting and interview with him.
The reality is… we care about the facts and we appreciate the information in a forum where we can access it with great ease. For that matter, we even like the fact that the information makes it to ‘Implode’ and posts relatively fast. However, we don’t care about the individuals that are posting the details and attempting to be seasoned analysts.
Sorry… but true.
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