Good reading - no joke

Be sure to read the "Dirty" blog and its firebrand articles this week. The blog goes up and down, so I wouldn't wait to read it.

Believe any of it? If you do, or if you have information to support anything you read there, you know what to do with it. Stick your neck out and contact the FBI. If you have reservations about contacting the FBI, there are intermediaries available to you.

The author of that blog names names and has supporting information. You can believe that he understands libel and slander. He is not interested in high defense costs. He is confident about the validity of his posts.

Some will say, "It can't be." Well, yes, it can. Documents published one and two years ago verify a loan in excess of a purchase price. Now, why would a bank lend more than 10% over the full purchase price of a home?

And on another note, why would a buyer pay 40% over the fair market value of a house? In deals elsewhere with similar numbers, the inflated purchase price has served as a way to get a larger loan than a buyer would otherwise qualify for.

What could induce a buyer to overpay by such an exorbitant amount? Could a buyer have a little side deal going that caused him to think he was going to see his money again someday? And what is a relationship soured, putting his overpayment at risk? It would be pretty hard for him to complain, since such a deal was shady in the first place.