bostonbubble.com

Mike · Joined: 01 Nov 2006 Posts: 28

Can someone help me understand this. $250M is only going to help 1000 borrowers? Why does it cost $250,000 to refinance one mortgage loan? I emailed Kimberly Blanton and her reply was this:
"Mike, as the story says these are REFINANCINGS of full mortages. K"

admin · Posted: Fri Jul 13, 2007 4:44 pm GMT Post subject:

john p · Joined: 10 Mar 2006 Posts: 1820

If Deval Patrick is a bag man for the mortgage industry I wonder if this will be an inside job. He can mail in the effort and act like a darling sweetheart and the Globe will buy it.

I just read the numbers of the whole "race" issue with the mortgages. I didn't realize that it was such a big difference (within the same income bracket.) I'm not into people playing the race card or playing the victim aggressively, but the numbers are pretty strongly supporting racism here. I really, really would like to know if and how race comes into the process here. I wonder if somewhere in the black box that determines the risk factor, if race does factor in. If it does, and it is happening in companies like Ameriquest, then Deval was duped and Deval ought to be a target for the NAACP as well. If they give him a pass for selling out it will bother me because the minorities won't get justice.

john p · Joined: 10 Mar 2006 Posts: 1820

http://www.boston.com/news/local/articles/2005/04/20/patrick_tied_to_company_under/

Hey Deval, did you find out if Ameriquest had a schvoogie button or were you too busy cashing your checks? If your strategy was "It's better to keep your enemies close, What did you find out?"

http://www.urbandictionary.com/define.php?term=schvoogie+button

john p · Joined: 10 Mar 2006 Posts: 1820

Hey Globe: Didn't you read your own articles about the guy?

http://www.boston.com/news/local/politics/candidates/articles/2006/09/10/patrick_in_the_primary/

You didn't mention gambling, casinos, bailing out the subprime market, Ben Laguer?

http://www.boston.com/news/local/politics/candidates/articles/2006/10/04/patrick_tried_twice_to_aid_parole_bid/

This endorsement was way too glowing for the character of a man you knew much about. Again:

http://www.boston.com/news/local/articles/2005/04/20/patrick_tied_to_company_under/

Esau · Guest

Deval must have only attended Ameriquest meetings that did not involve any work or only required him to smile and act like the savior of the down trodden. Unfortunately the down trodden don't pay as well as Ameriquest.

There is a lesson to be learned here folks. If you serve on the board of a large company, make sure you know that business and ways they exploit people. It could come back to haunt you when your the governor.

If it was Romney he would have known about the discrimination because he would have read the financial reports and operating manuals. He would not have done anything, but he was not the candidate for the minorities. Romney was true to his constituents, the suburban families and business. Romney was not out to help the poor minorities.