Have you ever wondered why the mortgage industry and banking are currently in a mess? Ever wonder how some people manage to get something for nothing and let the average taxpayer foot the bill? Are you curious why the once respectable mortgage industry has become so corrupt and has brought the American economy to its knees so quickly?
Denny Andrew I’s book, Confessions of a Mortgage Insider, explores how the mortgage brokerage industry entered a spiraling failure that led to a complete collapse of epidemic proportions. Confessions of a Mortgage Insider reveal more than the excesses of the industry. It explores the people and personalities of those who worked in the industry through the personal stories of leaders, followers, sweethearts, and victims. The story is told through the eyes of mortgage broker Rick Agnew. Agnew goes from naive junior loan application agent to diamond level broker whose life is filled with fast cars, fast women and fast parties. His up close and personal experiences with the industry open his eyes to the rampant fraud and deception in the industry.
Part story collection, part instruction, and part personal discovery, Andrew’s book is an engrossing, hilarious book that will make you angry at the lust of stockbrokers, make you cry for the victims, and laugh at the antics of Rick Agnew the half-man/half-brat protagonist. Using illustrative stories and funny hi-jinx, this book guides even the casual reader into the perils of current mortgage failure in the housing market. This book could be the “tell-all” resource that the average reader sought to instill some sanity from the current economic crisis in the mortgage industry.
“Confessions of a Mortgage Insider” urges the reader to assess their current place in mortgage and financial stability and then come up with a specific plan for getting to where they want to be. According to Andrews, living in your dream home is not just a wish if you plan carefully and shop wisely for a mortgage and mortgage broker. The American Dream isn’t over yet…it’s just become something that can only be achieved again with hard work and a good savings plan.
The mortgage bubble has crashed, and according to Denny Andrews, the party’s over isn’t such a bad thing. His revelation of the ugly secrets of an elegantly designed profiteering machine vividly illustrates the symptoms of the disease rife in our society: excess. This fast-moving book encourages responsible lending and taking control of life choices that promote accountability and credit sense. Andrews captures the madness and chaos through his original stories and then offers sound trading advice that everyone can understand.
Title: Confessions of a Mortgage Insider Author: Denny Andrews Publisher: Aviva Publication Date: 2008 Price: $24.95