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Michelle Leonard

Mortgage Magic

By: Michelle Leonard
Wednesday, September 24, 2008 10:40 AM

Okay the mortgage rate in my market jumped on Monday from 5 7/8 to 6 1/8% The buyer wanted out of the deal due to the rising interest rate and the lender I had hooked the buyer up with would not budge. A different smart lender is doing the deal even though he is not making any money because he knows this will give him entree to future business from me.
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Comments

Vance Remele
Member Since '04

Vance Remele said:

"A different smart lender is doing the deal even though he is not making any money because he knows this will give him entree to future business from me"

How dumb was the first lender? maybe he was the smarter one after all, after the new lender blows up the deal..

I use banks now that's were the money is, at least for now...

Keep us posted..

Vancebankin

September 24, 2008 5:29 PM
Vance Remele
Member Since '04

Vance Remele said:

I see your title is mortgage magic.

I think we had just about enough of Magic Mortgages

Here is the latest Mortgage Magic News some on the list I even used and its great to see that they advertising there skills back then.

Have a look at Magic Mortgage 700 Billion worth

http://www.mortgagefraudblog.com/index.php/C9/

September 24, 2008 5:34 PM

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Michelle Leonard
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Michelle Leonard
Member Since '06

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