Comments on: Why I’m Calling BS on Loan Center of California’s Suit Against the Implode-O-Meter http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Karma is a bitch. Loan Center of California sued. http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-9646 Karma is a bitch. Loan Center of California sued. Wed, 06 Feb 2008 21:50:44 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-9646 [...] negatively impacting their business by accidentally reporting on the company’s implosion.  At the time of the suit I called BS on LCC.  Frankly it’s nice to see a company that seemed so frivolous with law suits getting kicked [...] [...] negatively impacting their business by accidentally reporting on the company’s implosion.  At the time of the suit I called BS on LCC.  Frankly it’s nice to see a company that seemed so frivolous with law suits getting kicked [...]

]]> By: Raymond Bramzel - a reader of the implode-o-meter http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-886 Raymond Bramzel - a reader of the implode-o-meter Fri, 03 Aug 2007 22:00:21 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-886 You have to see this video of Jim Cramer on CNBC who makes John Cleese playing the character of a stressed psycho Southern England hotel owner Basil Fawlty of the 1970s BBC comedy series Fawlty Towers seem sane. There is enough material for a whole conference! This will make you laugh based on Cramer's antics and I will leave you to judge whether or not he should be committed to an unstitutional - not a financial one of course. I do like CNBC's disclaimer or perhaps should be renamed discramer! LOL. http://www.cnbc.com/id/15840232?video=452808336 You have to see this video of Jim Cramer on CNBC who makes John Cleese playing the character of a stressed psycho Southern England hotel owner Basil Fawlty of the 1970s BBC comedy series Fawlty Towers seem sane. There is enough material for a whole conference! This will make you laugh based on Cramer’s antics and I will leave you to judge whether or not he should be committed to an unstitutional – not a financial one of course. I do like CNBC’s disclaimer or perhaps should be renamed discramer! LOL.

http://www.cnbc.com/id/15840232?video=452808336

]]> By: Morgan Brown http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-879 Morgan Brown Fri, 03 Aug 2007 17:58:28 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-879 jay - you are right ml-implode is this decade's f'd company and it is a much better resource than any of the other news sources out there for up-to-date information on the mortgage industry. jay – you are right ml-implode is this decade’s f’d company and it is a much better resource than any of the other news sources out there for up-to-date information on the mortgage industry.

]]> By: Morgan Brown http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-878 Morgan Brown Fri, 03 Aug 2007 17:57:04 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-878 Abrey - that would be interesting information to have, unfortunately i don't think we'll be able to get it from anywhere but if they are a lender in the alt-a area they are most likely feeling the effects of the recent market developments. Abrey – that would be interesting information to have, unfortunately i don’t think we’ll be able to get it from anywhere but if they are a lender in the alt-a area they are most likely feeling the effects of the recent market developments.

]]> By: Morgan Brown http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-877 Morgan Brown Fri, 03 Aug 2007 17:55:07 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-877 Raymond - great post. While they are a necessary evil only they are the benefits of this exercise... Raymond – great post. While they are a necessary evil only they are the benefits of this exercise…

]]> By: Morgan Brown http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-876 Morgan Brown Fri, 03 Aug 2007 17:53:32 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-876 DC & the mortgagebrat - you are both correct. it seems so far fetched that such established institutions would act so irrationally that they would yank, simultaneously, nearly $4 million simply because of a web site post. DC & the mortgagebrat – you are both correct. it seems so far fetched that such established institutions would act so irrationally that they would yank, simultaneously, nearly $4 million simply because of a web site post.

]]> By: Morgan Brown http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-875 Morgan Brown Fri, 03 Aug 2007 17:48:28 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-875 Russ - I agree it will be amazing to hear why WaMu and Credit Suisse eschewed traditional due diligence in the extension or revocation of credit in favor of a post on a rumor-mill. I doubt that has the legal legs LCC claims it does right now. Russ – I agree it will be amazing to hear why WaMu and Credit Suisse eschewed traditional due diligence in the extension or revocation of credit in favor of a post on a rumor-mill. I doubt that has the legal legs LCC claims it does right now.

]]> By: Morgan Brown http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-874 Morgan Brown Fri, 03 Aug 2007 17:43:07 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-874 Schahrzad - Legal expenses are not always awarded; but hopefully they will be included by Aaron's legal team. Thanks for the mention on the premium subscription - its a great way to get inside information and support their right to operate their web site. Schahrzad – Legal expenses are not always awarded; but hopefully they will be included by Aaron’s legal team. Thanks for the mention on the premium subscription – its a great way to get inside information and support their right to operate their web site.

]]> By: Dewaine http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-872 Dewaine Fri, 03 Aug 2007 16:40:06 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-872 It is silly to propose that creditors would cut off a profitable and creditworthy customer and lose all that potential profit. WAMU and Credit Suisse are not in the business of NOT loaning money. They are in the business of making profits on loans, and would not base such important business decisions to a internet blog. LCC's claims are just laughable. Really. It is silly to propose that creditors would cut off a profitable and creditworthy customer and lose all that potential profit.

WAMU and Credit Suisse are not in the business of NOT loaning money. They are in the business of making profits on loans, and would not base such important business decisions to a internet blog.

LCC’s claims are just laughable. Really.

]]> By: jay http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/comment-page-1/#comment-871 jay Fri, 03 Aug 2007 16:13:16 +0000 http://blownmortgage.com/2007/08/02/why-im-calling-bs-on-loan-center-of-californias-suit-against-the-implode-o-meter/#comment-871 Mtg Implode is the best source of timely reality in this depressing mtg/housing market. It doesn't sugar coat- just reports reality (or as close as it can get to it) based on info from fairly reliable sources. Mtg Implode is the best source of timely reality in this depressing mtg/housing market. It doesn’t sugar coat- just reports reality (or as close as it can get to it) based on info from fairly reliable sources.

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