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Saturday, February 12, 2011

Scott Veerkamp and Jonathan D. Nicholas on Plaxo

Plaese take time to review 3 exhibits (below)...

Scott Veerkamp listed Jonathan D. Nicholas as a "connection" on Plaxo.  Perhaps this is one of the reasons why Jonathan refused to meet with me and discuss the Predatory Lending tactics at REMAX Central.  Nonetheless, I find it strange that Jonathan would recognize Scott with a specific award when he knew Scott was preying on the public.

With regard to Predatory Lending, I discovered an article from NAR entitled:  "Realtors seek to protect home buyers from Predatory Lending and educate them on mortgage products."  The article contains the following statement:  "A brochure, How to Avoid Predatory Lending, produced jointly by NAR and the Center for Responsible Lending identifies the warning signs of Predatory Loans." 

I wish someone from NAR would teach Scott Veerkamp how to "identify the warning signs of Predatory Loans."  Clearly, Scott needs extensive training on this topic.

As you know, the Center for Responsible Lending has a significant amount of documentation on the common abuses of Predatory Lending.  Please review this information regarding Yield Spread Premium and Loan Steering...

Download Jonathan_D._Nicholas_on_Plaxo.pdf
 

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