Comments on: Bellevue LO Sentenced

By: Bryce Zimmerman

Bryce Zimmerman — Sat, 22 May 2010 00:48:29 +0000

Looks like Brooks is being made an example of, it’s unfortunate more people haven’t been prosecuted in these fraudulent schemes. Unfortunately the people’s lives he’s affected will be damaged indefinately. One of the main benefits to this job is providing a unique service in your community, when done right can be very gratifying. I hope the Fed’s continue their persuit of people like Mr. Brooks.

By: Daniel Mulvehill

Daniel Mulvehill — Sat, 27 Feb 2010 16:33:24 +0000

Here we go Attorney and Brooks has to recall when he and his legal begal try to blame the structure of the loan business and the ultimate temptations that is offered to us everyday to committ fraud both of these people must know, when you point your finger at a weakness you must know that there are 4 pointing back at you, so guess what you loose. Professioinally some cases aren’t worth a legal representative, if you committ fraud be prepared to be punished?

By: Alison Clark

Alison Clark — Wed, 24 Feb 2010 00:18:04 +0000

Everyone in this scenario could have done something but the LO should be held accountable he did plead guilty and of course took a plea bargain that lawmakers offered. I think there should be stricter penalties here. I am so tired of us all being lumped together, everyone is responsible for their own actions, we learn that in kindergarten. But due to the magnitude of mortgage fraud across the nation we are all suffering. I believe the few that are still fighting to do a good job for consumers in this business will drag us out of the mud.

By: Chris Yanke

Chris Yanke — Wed, 30 Dec 2009 21:24:20 +0000

There can be no single party to blame in this scenario. The Loan Officer knew that his actions could not have been legal or ethical. My concern was the lack of Dilligence on all levels. How could just one party do this? I have sat and watched over the years and had to watch as unscrupulous loan officers just shrugged their shoulders and said stupid buzz comments like “it is what it is” and “it’s about the money” with no apparent concern for the cost that both the industry and the community would end up having to bear. An example had to be set and this couldn’t have been a better choice.

By: Yvette

Yvette — Fri, 18 Dec 2009 02:48:30 +0000

I am trying to figure out from the article how much time he and his wife received for their crimes. It does not sound like much at all. I recently ran into an old high school classmate at the store who starting telling me that she was losing her house because of her dishonest loan officer that got her into a house that cost $66,000.00 and she now owes $160,000.00. I could not believe that he lied to her about what type of loan she was getting and did not tell her the negative impact her loan could have on her. After a few more minutes of our conversation, she said that when she went to escrow, the escrow officer was asking her how she liked her job and noticed that she had been employed there a long time. She answered the escrow worker and said she liked her job and it was a good paying job. However, she told me that she was unemployed when she signed her loan papers and had not had a job for quite some time and in fact was on welfare.

So, I ask myself, doesn’t the borrower have some accountablility? In the case of out right fraud where you are creating straw buyers, that is a different story. That is mainly just for greed. I am glad he was caught.

By: Raylene Ramos

Raylene Ramos — Thu, 23 Apr 2009 22:19:22 +0000

Once again, it is the responsibility of the LO to explain and help the consumer understand the loan application and documents and to put time and energy into educating their clients on the information presented to them. I don’t think the LO has any leg to stand on really when it comes to blaming the lenders/banks since they take the “trusted” information and proceed with their duties. I also don’t think it has to be only the LO’s blame, as the client could offer misinformation as well.

By: Mary McGraw

Mary McGraw — Wed, 22 Apr 2009 00:16:47 +0000

But also what we are finding out is that there is not as many honest people as we think.

By: Mary McGraw

Mary McGraw — Tue, 21 Apr 2009 23:10:05 +0000

I do believe that the los should take responsibility, but also the banks and the buyers should pay attention to what is also going onl. But to many of us believe in what we are being told because we are hoping their being honest with us.

By: Chris Madden

Chris Madden — Sat, 28 Feb 2009 17:25:43 +0000

Knowone disagrees that the LO made bad choices here. But with a crime this complex, and his client taking responsibility for his role in the crime, it takes more than one person to pull off a crime of this magnitude. I don’t think the LO’s are necessarily siding with him, but the banks and the consumer need to take responsibility for the roles as well.