Have you ever wondered why the mortgage and banking industry is in its current state of disarray? Have you ever wondered how some people manage to get something for nothing and leave us average taxpayers on the bill? Are you curious why the once respected mortgage industry became so corrupt and brought the US economy to its knees so quickly?
Denny Andrew’s first book, Confessions of a Mortgage Insider, explores how the mortgage brokerage industry went into a spiraling failure that resulted in an all-out recession of pandemic proportions. Confessions of a mortgage insider exposes more than the excesses of the industry. It explores the people and personalities at work in the industry through the personal stories of leaders, followers, nefarious wheeler-dealers and victims. It tells the story through the eyes of mortgage broker Rick Agnew. Agnew goes from naive freshman 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 large scale frauds and frauds of the industry.
Part story collection, part instruction, and part personal discovery, Andrew’s book is a fun and interesting read that makes you angry at the money-grubbing of the brokers, makes you cry for those who are suffering, and takes a dig at Rick Agnew’s antics. Laughs half man/half naughty child hero. Using explanatory stories and hilarious hi-jinx, this book instructs even the most casual reader on the dangers of the current mortgage failure in the housing market. This book can be the ‘tell all’ source for the casual reader seeking to instill some sanity in the mortgage industry from the current economic crisis.
Confessions of a Mortgage Insider prompts the reader to really assess where they currently are in their mortgage and financial stability and then create a specific plan to get them to where they want to be. According to Andrews, living in your dream home isn’t just a wish if you plan carefully and shop wisely for a mortgage and mortgage broker. The American dream is not over… it has simply become something that once again can only be realized through hard work and a good savings plan.
The mortgage bubble has burst and according to Denny Andrews, it’s not a bad thing that the party is over. His revelation of the ugly secrets of such an attractively designed profiteering machine clearly illustrates the symptoms of a pervasive disease of our society: overindulgence. This fast-moving book encourages responsible lending and taking control of life choices that foster accountability and fiduciary common sense. Andrews captures the craziness and mayhem through his original stories and then provides sound business advice that everyone can understand.
Title: Confessions of a Mortgage Insider Author: Denny Andrews Publisher: Aviva Publication Date: 2008 Price: 24.95
