First, I'd like to congratulate Alex at The Real Estate Forum for making an appearance on the Casey Serin Nightline segment. The website was shown with the headline "Why Lenders Need to Know the Name Casey Serin" as a part of the background story. Congratulations on making an appearance on national news! What a very cool nod to have under your belt!
I feel a certain vicarious thrill from this, as Alex and I traded segments on the Casey Serin story for a few days. Strangely, that site received quite a number of hateful and threatening comments when that story was posted. I know from our emails that it was way beyond anything I've seen over here.
I didn't see any such 'backlash' on my site, and felt pretty bad for involving another blogger in a sort of meme that brought that kind of lunacy. So I really have to say that the screenshot on Nightline restored a balance of sorts. Congratulations, again!
It seems that Friday's revelation about Casey Serin's dirty little paper trail has tongues around the country wagging. R-boy has unearthed some old Serin family court cases, and it doesn't look like they're related to Lady Liberty opening her arms and accepting this shady clan to join the nation.
I'm glad I could give some junior detectives something fun to unearth over the weekend. It will be interesting to see what the blogosphere discovers from this point. It's interesting to think about what people can find in public records....versus what one can find with a subpoena.
Showing posts with label The Casey Serin Project. Show all posts
Showing posts with label The Casey Serin Project. Show all posts
4/15/2007
4/12/2007
The Casey Serin Project
I was incredibly moved by a posting at ExUrbanNation a couple of days ago. A poster wrote to say that he had called law enforcement to point out Casey Serin's blatent fraud blog.
He was compelled to make this call, he said, because he is a real estate agent. He had recently been working with some clients who worked their asses off and barely qualified for a mortgage. By the time they found a house in their price range, that mortgage was no longer available to them.
In a moment that should give all of us pause, the client looked at the agent and said, "What about that guy in California who bought eight houses with no money down?" Well, what about him, indeed?
Many of us have been speculating that the subprime mortgage 'crisis' will soon be fought in the halls of Congress, where ill-informed legislators will enact regulations akin to Sarbanex-Oxley in the wake of Enron.
The fear is that thousands of mortgage fraudsters like Casey and Galina Serin will fall under this umbrella, granting a form of financial amnesty to willfully fraudulent borrowers, lenders, and brokers.
We've already heard the opening shot from Senators cum Presidential candidates Chris Dodd and Hillary Clinton. Now, Chuck Schumer and Jesse Jackson have joined the mix.
Right now, these folks' have louder voices than those of us who have been watching a different sideshow at the same circus. But they're not hearing from us. They're reading biased articles about "predatory lending" and "Casey Serin as Victim" in nationally-syndicated news outlets.
The time has come for rational voices to enter the debate. With that in mind, I'd like to start "The Casey Serin Project" to highlight the frauds, phonies, and felons that the high-profile mouthpieces don't seem to be hearing about.
We'll be using the power of user-generated media to draw attention to this situation like no glossy ads or television commercials ever could. In other words, thank you, YouTube.
If you would like to participate, please make a 30-second to 2-minute long video and upload it to YouTube. In your video, please address issues such as,
"How mortgage fraudsters like Casey Serin have affected me/my family/my neighborhood."
"Why mortgage fraudsters like Casey Serin need to be held accountable for their actions."
"Why 'small-fry' felons like Casey and Galina Serin need to be prosecuted."
"Why multi-state felons like Casey and Galina Serin do need to be held accountable for 'every dirty penny.'"
"Why a 'subprime mortgage bailout' is a bad idea."
Take a video of yourself, or, if you don't want to show your face, maybe you want to narrate your video as you drive or walk your neighborhood. The possibilities are endless.
The videos will be compiled and forwarded to members of Congress, particularly those in districts where Casey and Galina Serin had properties, and those who like to hold press conferences about subprime mortgage bailouts. The videos will also be forwarded to District Attorneys in the cities and counties where Casey and Galina Serin briefly owned their foreclosed properties.
I hope that you will join "The Casey Serin Project" and spread the word.
He was compelled to make this call, he said, because he is a real estate agent. He had recently been working with some clients who worked their asses off and barely qualified for a mortgage. By the time they found a house in their price range, that mortgage was no longer available to them.
In a moment that should give all of us pause, the client looked at the agent and said, "What about that guy in California who bought eight houses with no money down?" Well, what about him, indeed?
Many of us have been speculating that the subprime mortgage 'crisis' will soon be fought in the halls of Congress, where ill-informed legislators will enact regulations akin to Sarbanex-Oxley in the wake of Enron.
The fear is that thousands of mortgage fraudsters like Casey and Galina Serin will fall under this umbrella, granting a form of financial amnesty to willfully fraudulent borrowers, lenders, and brokers.
We've already heard the opening shot from Senators cum Presidential candidates Chris Dodd and Hillary Clinton. Now, Chuck Schumer and Jesse Jackson have joined the mix.
Right now, these folks' have louder voices than those of us who have been watching a different sideshow at the same circus. But they're not hearing from us. They're reading biased articles about "predatory lending" and "Casey Serin as Victim" in nationally-syndicated news outlets.
The time has come for rational voices to enter the debate. With that in mind, I'd like to start "The Casey Serin Project" to highlight the frauds, phonies, and felons that the high-profile mouthpieces don't seem to be hearing about.
We'll be using the power of user-generated media to draw attention to this situation like no glossy ads or television commercials ever could. In other words, thank you, YouTube.
If you would like to participate, please make a 30-second to 2-minute long video and upload it to YouTube. In your video, please address issues such as,
"How mortgage fraudsters like Casey Serin have affected me/my family/my neighborhood."
"Why mortgage fraudsters like Casey Serin need to be held accountable for their actions."
"Why 'small-fry' felons like Casey and Galina Serin need to be prosecuted."
"Why multi-state felons like Casey and Galina Serin do need to be held accountable for 'every dirty penny.'"
"Why a 'subprime mortgage bailout' is a bad idea."
Take a video of yourself, or, if you don't want to show your face, maybe you want to narrate your video as you drive or walk your neighborhood. The possibilities are endless.
The videos will be compiled and forwarded to members of Congress, particularly those in districts where Casey and Galina Serin had properties, and those who like to hold press conferences about subprime mortgage bailouts. The videos will also be forwarded to District Attorneys in the cities and counties where Casey and Galina Serin briefly owned their foreclosed properties.
I hope that you will join "The Casey Serin Project" and spread the word.
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