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| User Info | GRETCHEN MORGANSEN - WAMU'S CORRUPT MORTGAGE PRACTICES entered at 2008-11-03 01:02:45 | |||
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Animadverto Posts: 29 Registered: 2008-09-29 Philadelphia 
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I was in the mortgage business for 23 years. Eight of those years were at Freddie, as an underwriter, Quality Controller/Internal Audit and Senior External Auditor. From 1995 to 2006 I was a Senior Level Contract Underwriter. I worked for GE, PMI, Radian, MGIC and United Guaranty. As a contractor, I worked in Crestar, Countrywide, First Magnus, Wells Fargo, Bank NY, Bank United, Bank Of America. I have been out of work for 2.5 years because I was "blacklisted". I moved from company to company because I just didn't decline the loans, I proved the fraud. My managers would say such comments as, "you cant call them liars", "I can get any property appraised", "We do not decline loans here", "We don't use the word (fraud) here". Unlike Ms. Cooper, I made copies of all the files, hundreds of them. The last 1.5 months I was at Magnus in 2005, I only underwrote 46 loans, each of them fraud from cover to cover. I declined each one of them. And I have a copy of each one of them to prove it. It did not stop there. After being out of the business for 2.5 years, my home has been written on repeatedly. I was put on the "no fly list" and every rumor from A-Z has been said of me. I even have e-mails from these people, in "electronic" format. I would send their BS e-mails from my work to my home machine. Each one a "Master Card" moment, "Priceless". These people are the most ruthless, contemptable, lieing, filth on the face of this earth. "Greed" does not even scratch the surface. They would pick out an underwriter in each facility to harass to death. Usually someone they did not like. They did this for two reasons: (1) They did not like the person, so they were going to make that persons life as miserable as possible, (2) as an intimidation tactic, to the other uderwriters - "if you don't approve the loans, this will be done to you". I can prove everything I have said here. I have been coming to this blog for about 2 months now. This is my first post. As you can tell, this thread hit a raw nerve. After what I have lived through for 12 years, the guillotine is too easy a death for these people. I haven't revealed even the tip of the iceberg. 2008-11-03 01:02:45
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