I don’t understand, people knew this when he promised CHANGE>
Most corrupt administration ever.
Pray for America and Our Troops
David Stevens, the administration's pick for an assistant secretary for the Department of Housing and Urban Development failed to pass muster and his confirmation delayed as it was disclosed that the real estate brokerage he operates as chief is facing several class action lawsuits. The charges against Long & Foster, a Virginia real estate brokerage, allege that their agents steered homebuyers to affiliated mortgage and title companies, which then shared their profits with the real estate brokerage.Never heard of pay to play?
another for the list
Wrong and illegal!! Same as giving a kick back to a buyer, lying to a seller about value and buying the property your self. etc. etc.
ROFLOL, one of the groups that lobbied hard for no down payment no credit check loans.
I’ve been buying and selling real estate since the day I reached the legal age, and I can tell you, it’s the crookedest game of all. Most agents, brokers, lenders, mortgage brokers, etc., will do whatever they can get away with, and that’s a lot. You can make a fortune in real estate with no brain at all; or very little brain, if you have moral standards to uphold.
Has he appointed anyone who WASN’T a criminal?
If you see a property offered for sale by Blidouga Realty, don’t even call them about it! Go find your own realtor, say, Schmudki Realty. Blidouga works for the seller, and does not have your best interests at heart. Mr. Blidouga wants to get as much money for the seller and himself as possible. Get your own guy, and let them split the commission!
Well, unlike Clinton, Obama never actually claimed to make the most ethical administration ever.
Much easier to keep ambitious underlings in line when they know from the get go the man has the goods on them.
Another O appointee:
Alejandro Mayorkas picked to head immigration agency
May 1, 2009
[snips]
A former top Los Angeles federal prosecutor who was involved in a Clinton-era clemency controversy has been tapped to head an influential Department of Homeland Security immigration agency.
Alejandro Mayorkas is President Obama’s pick to be director of U.S. Citizenship and Immigration Services, which adjudicates a broad range of immigration and naturalization issues and oversees international adoptions, asylum, refugee status and foreign student authorization.
‘Alejandro’s expertise covers a wide array of issues critical to the department, including law enforcement, civil rights, computer crime and international money laundering,’ Homeland Security Secretary Janet Napolitano said in a statement Thursday.
Born in Cuba, Mayorkas was the U.S. attorney for the Central District of California from 1998 to 2001.
Mayorkas also was one of several prominent Southern California political figures who played a role in a 2001 decision by President Clinton to commute a drug dealer’s prison sentence.
http://www.latimes.com/news/nationworld/nation/la-na-mayorkas1-2009may01,0,2053675.story
As a 30+ year real estate broker, and one who taught real estate law, practice, finance, and econ at the college level, this is disgusting. If a company gives a broker a monetary benefit, i.e. kickback, that is money that should have been saved by the client. The fiduciary duty is to the client —— not to yourself.
How does Hussein Osama FIND all these gangsters?