Confessions of a Mortgage Insider
This is a story. It’s a story of the business practices, the greed, the lack of borrower knowledge, and especially the lack of loan officer education and experience. These industry practices were extreme enough to sink the whole mortgage industry to its knees bringing along with it the entire United States economy.
Review the trials and tribulations in the professional and personal life of a mortgage broker named Rick Agnew. You will laugh, you will cry, you will be shocked and mad as hell when you hear the real inside story.
Follow Rick from the first deal he made with the head of his University’s finance department through the deals he made with his apartment manager to look the other way. This covers his brief stint and disappointment in the financial planning industry. This story continues through his career as he uncovers a finance company’s corrupt practices.
Just when Rick thought he was through watching people being taken advantage of, he began his twenty year career in the mortgage industry, including a six hour employment with a mortgage bank.
Understand the ethical dilemmas as Rick had to choose between corporate America, the almighty dollar, and his client’s best interests.
This expose’ will demystify the mortgage business from its once respectable beginnings to the utter cesspool it had become right up to and including the complete meltdown.
No industry is safe from Rick’s insider’s knowledge: financial planning; the finance business; the car business; property insurance companies; credit reporting agencies; mortgage banking; and especially the mortgage brokerage industry. They are all exposed by Rick’s critical observations and insight.
Rick holds nothing back as he describes his college parties with a hired former gangster watching the door; death defying runs to the emergency room; vain practices to keep up appearances, including spending thousands of dollars on a hairpiece only to trash it in less than a year; even his personal battle with cancer, that can enter and change anyone’s life at a moment’s notice, is out in the open.
In a captivating and humorous way, you will learn through Rick’s life and work experiences how to watch out for pitfalls when dealing with all kinds of different businesses. You will also learn from the beginning to the end what really happened to cause the eventual meltdown of an entire industry.
Have you ever financed or refinanced a home? Did you ever sign multiple documents wondering what you were signing, to be told over and over again, “Just sign here!” Was it always in your best interest? After you read Rick’s story you’ll understand and beware!
To disagree with Gordan Gecko, greed is not good.
Confessions of a Mortgage Insider Book Review
Bellevue Reporter Newspaper Article
