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Post a Comment On: Steve Sailer: iSteve

"Predatory real estate brokers: Latinos preying on Latinos"

11 Comments -

1 – 11 of 11
Blogger 92067 Rancho Santa Fe said...

I just got this Google alert-wise. I don't think you're from North County because actually the North County Times DOES NOT cover La Jolla, Del Mar and Rancho Santa Fe. NC Times covers Escondido, San Marcos, Vista, Oceanside, Fallbrook, and a few other small communities north of DM, RSF (and La Jolla is way south in San Diego city). Check out my site http://www.92067FREEPRESS.COM for RSF etc. Dan Weisman

1/22/09, 4:22 PM

Blogger Eric said...

Yet, the state Department of Real Estate's code of conduct says brokers are "fiduciaries of their clients," a relationship generally understood to mean that brokers must act in the best financial interests of their clients.

I don't know why people ever, anywhere believe this. There's a pretty clear conflict of interest revolving around how everyone gets paid. I would rather have regulations forcing brokers to tell clients they're not acting in the client's best financial interest unless it happens to align with their own.

1/22/09, 4:46 PM

Blogger Anthony said...

In California, the license to sell real estate and the license to broker mortgages is one and the same. If you have a Real Estate License in California, you can do both.

There's a "sales agent" level and a "broker" level, and anyone with only an agent license must work under the supervision of someone with a broker license.

1/22/09, 7:44 PM

Anonymous Anonymous said...

Wait, this happened in CA, right? I've got no doubt Mormons were involved!

1/22/09, 8:21 PM

Anonymous Irritable Bowel said...

I've got no doubt Mormons were involved!

They're too busy undermining gay weddings! I think it was the Amish! Or neo-Nazis! Surely some mortgage brokers were white men? (though certainly not Jewish men, though Jews certainly are white, just not the "wrong kind" of white!)

All this merely underlines the need for more Holocaust education! Do yourself a mitzvah, Steve readers - taste the rainbow!!

1/22/09, 9:11 PM

Anonymous Mark said...

Does anyone here remember back to when we enforcement-only proponents were arguing that allowng illegals to buy homes was a really bad idea? Aren't you glad we were wrong? Mwa-ha-ha-ha!

Wait, this happened in CA, right? I've got no doubt Mormons were involved!

I actually wouldn't be at all surprised. Living here in 'tah, I can tell you that lots of California Mormons have been cashing out of their homes and coming to the Promised Land.

1/23/09, 2:59 AM

Blogger Ronduck said...

The Lopezes declined to comment through their parole officers.

LOL!

1/23/09, 5:01 AM

Anonymous Canson said...

This is excellent work that Fox and Sifuentes have done, it certainly deserves national exposure. People need context and facts such as these to better understand the NAM impact on the mortgage melt down housing bubble. Unfortunate indeed that it must be sent straight down the memoryhole to preserve the current narrative.

1/23/09, 6:41 AM

Blogger AMac said...

Reporter Fox also posted the graph of sales vs. foreclosures, along with an explanation of how he identified the poorest-performing brokers. They are at the North County Times blog, "Minding Your Business."

North County’s most abnormal foreclosure rates.

1/23/09, 7:26 AM

Blogger AMac said...

At the North County Times' excellent blog "Minding Your Business,", reporter Zach Fox has a new entry, on California Nightmare. He posts First CoreLogic's updated estimates of the continuing real estate crash. Sand State geographies sweep win, place, and show positions. Actually, of Metropolitan Statistical Areas, Washington DC was the first non-Sand-State finisher, in position #13.

1/27/09, 12:38 PM

Anonymous Anonymous said...

I live and grew up in the SD area and it is a shame to know that 3 individuals mentioned above in the article i personally know....and they still do business in SD County...amazing

9/22/09, 4:53 PM

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