JPM: Delinquent borrowers are just trying to stall foreclosures

From HousingWire:

JPM: Robo-signing now borrower strategy to avoid foreclosure

One of the largest investment banks at the center of the robo-signing scandal is claiming that distressed borrowers are using the allegations as a stall tactic to prevent losing their homes. Further, the secondary industry is rejecting claims that the current transfer of mortgage titles into the bond market is faulty.

According to one analyst at JPMorgan Chase, the storm surrounding robo-signing activity may delay the process but will not help troubled homeowners retain their property.

In a strategy call Friday morning, JPM mortgage-backed securities analyst Ed Reardon said that borrowers who are in default on their homes will naturally search for a number of ways to prevent foreclosure. These borrowers will look for any legal technicality to make the lawsuit or procedure “inappropriate,” he said.

“Robo-signing is just the latest legal strategy by borrowers to try to prevent foreclosures,” Reardon said. “Our view is robo-signing can be fixed relatively quickly,” and the foreclosures will go forward eventually.

This entry was posted in Foreclosures, National Real Estate, Risky Lending. Bookmark the permalink.

134 Responses to JPM: Delinquent borrowers are just trying to stall foreclosures

  1. Fast Eddie says:

    Dear Sellers,

    Your house is overpriced.

    Fast Eddie

  2. a mad as hell reinvestor101 says:

    “Dear Sellers,

    Your house is overpriced.

    Fast Eddie”

    No it’s not, the stinking buyers are too damn cheap. Tell you what though, you’ll never buy my damn house for nothing and I don’t give a shlt how long I have to wait to get my price. I don’t care what anyone says, they’re not making anymore damn real estate and at some point, the stinking buyer has got to come my way. When he does, he will pay my damn price. Once he sees my house, he’s gonna want it.

  3. Lamar says:

    In the past three years, I have personally seen JPM do the following:

    1. Make threatening phone calls to delinquent borrowers on a 2x daily basis, including weekends and, yes, holidays.

    2. Target delinquent borrowers with poor English speaking skills for extra harassment.

    3. Threaten unsophisticated borrowers with immediate, summary eviction for mortgage non-payment (done mostly on days when it snows).

    4. Threaten bodily harm for non-payment (“we’re sending a crew over to your house to get it out of you”).

    5. Tell borrowers that they must accept loan mods that are actually worse than the loans the borrowers currently can’t pay. If the borrower refuses, JPM moves to #3 on this list.

    6. Routinely shred entire short sale package submissions and employ other delay tactics for agents trying to help delinquent borrowers. A favorite tactic for some JPM mitigators is to tell agents that their clients have rescinded the consent to have their agent help them.

    7. Attempt to put homes in a queue for sheriff sale, even as they are negotiating terms of a workout. Essentially, they try to repo the house without the borrower knowing it.

    8. Attempt to slip punitive and illegal terms into the final docs for loan mods.

    So, for all this, I say to JPM…FCUK YOU!!!!!

  4. Lamar says:

    If somebody could cap Dimon, it would be a better world.

  5. Lamar says:

    Yep, it’s easy to do business in Amerika…when your industry owns Congress.

    “Robo-signing is just the latest legal strategy by borrowers to try to prevent foreclosures,” Reardon said. “Our view is robo-signing can be fixed relatively quickly,” and the foreclosures will go forward eventually.”

  6. Essex says:

    I knew a woman who worked with Dimon very early on in his career. From the beginning he insisted on being treated like royalty. Well he got the keys to the castle.

  7. Lamar says:

    Dimon’s mom should’ve named him Beelzebub.

  8. Mike says:

    mad as hell you’re absolutely right you should’nt sell your house for nothing but try to hold out for a fair price like they were in the early 80’s, by the way do you have to sell?

  9. Outofstater says:

    I think he’d look nice in one of those trendy orange jumpsuits with the chain accessories.

  10. Lamar says:

    Inflation Targeting is an Exercise in Blazing Stupidity

    “Stepping back for a second, it is imperative to understand that although the Fed can attempt to increase liquidity, it cannot determine where the liquidity goes, or if it goes anywhere at all.

    From that perspective, attempts by the Fed to increase prices, if they worked at all, would more likely than not affect goods with inelastic demand such as food and energy, and commodities via speculation. That is not at all what the Fed wants.

    Thus, the entire proposal is an exercise in blazing stupidity.”

  11. Essex says:

    In this country we understand two things. Money and violence.
    What we really need is a break from the two parties. A good libertarian could balance the books and arrest the crooks.

  12. Shore Guy says:

    “claiming that distressed borrowers are using the allegations as a stall tactic to prevent losing their homes”

    Well, duh!

  13. reinvestor101 says:

    “mad as hell you’re absolutely right you should’nt sell your house for nothing but try to hold out for a fair price like they were in the early 80′s, by the way do you have to sell?”

    Every now and then a damn joker pops up in here mucking with me. My reason for selling is none of your damn business with the exception of your wanting to make a legitimate offer and then I’ll considering telling y0u.

  14. Mike says:

    mad as hell you sound a little garbled, are you under water?

  15. reinvestor101 says:

    “I knew a woman who worked with Dimon very early on in his career. From the beginning he insisted on being treated like royalty. Well he got the keys to the castle.”

    For someone who’s supposed to be thankful for corporate employment, it appears that you lack the proper deference when referring to royalty. You should be bowing your damn head even at the mere mention of any one of our captains of industry. If you were really appreciative of your damn job, you’d be doing everything you could to protect him from these malcontents wanting to put a “cap in his ass” by taking the damn bullet yourself. There should be no limit to what an individual or a nation should do to keep these people happy.

  16. Mikeinwaiting says:

    Some funny stuff, I think he has been reading here.

    The PermaBear to English Translation Guide

    Apple: A fictitious company that does not exist.

    BLS: A secret society of mathematicians and statistical wonks conspiring to falsify economic data, formerly known as the the sect of Opus Dei; See also Birth Death Adjustment.

    Bernanke, Ben: Beelzebub

    Bonds: An asset class that will eventually be worthless paper as its value is inflated away, but in the meantime, are a good alternative to equities.

    Bubble: A catchall phrase used to describe any market not in freefall.

    China: The centrally planned communist economy that is the model for Free Market Economies in the West. alt. An idealized form of Capitalism;

    Death Cross: The most reliable and certain technical formation known to man. See also Golden Cross: An old wives’ tale, not to paid attention to or taken seriously at all.

    Depression: The current state of economic affairs; See also Pornography.

    European Union (EU): A soon to be dissolved association of Socialist states, whose sole purpose is to mislead investors into believing the United States is (comparatively) fiscally responsible. See also EuroFASB: A criminal legal enterprise of accountants whose members help banks hide massive losses;

    Fiat Currency: The root of all evil

    FOMC: Fertilizer for the root of all evil

    Gold: A shiny yellow metal used primarily as an excuse for missing a generational rally in equities.

    Google: See Apple

    Greece: A nation of tax cheats that will lead to the dissolution of the EU;

    Greenspan, Alan: Lucifer

    Housing Bottom: A theoretical but mathematically impossible construct.

    Hindenburg Omen: A common pick up line at permabear cocktail parties, good for for attracting sexual partners but of little use for anything else.
    Vernacular: “Did you see another Hindenburg Omen signal was given today?”

    Hyper-Inflation: The eventual fate of all humanity due to the existence of central banks.

    Inflation: The precursor condition to Hyper-Inflation.

    Japan: A large manufacturing island in the Pacific, whose decades-long recession is the inevitable model for the United States

    Money Supply: ∞, an imaginary number.

    New Normal: A combination of contracting credit availability, stubborn unemployment and US consumer de-leveraging; See also 1930s, 1950s, 1970s (aka Old Normal).

    Overbought: The normal state of equity markets;

    Oversold: A theoretical market condition last seen in 1982.

    P&L: We don’t talk about that.

    POMO: An acronym used by rookie traders in failed attempts to explain the “mysterious” impact of massive liquidity on equities.

    QE 2: A code word or shorthand for the event that has been prophesied to bring about the End of the World. Interchangeable with “Apocalypse” as Perma-bears regard both its coming and its destructive power as a quasi-religious inevitability. See also POMO

    Recession: See Depression

    Risk On: Any Bull market

    Rosenberg, David: A minor deity amongst the Perma-bear faithful. The very mention of his name causes a reverential hush to fall over the gathered masses as they hungrily devour his latest proclamations of death and dismemberment. See also Roubini, Faber, Rogers, Cassandra, et. al.

    Stress Test: Hoax or Conspiracy

    Subprime: The state of all credit in the US

    Tony Robbins: The newest economic sage to warn of the coming economic apocalypse, most recently during August 2010; See also Paul Tudor Jones.

    Unemployment: An irreversible condition, symptomatic of declining empires. Hence the reason no one in Great Britain ever found a job again after the 1830′s.

    Uptrend: Not found.

    ZIRP: See Q

  17. reinvestor101 says:

    “mad as hell you sound a little garbled, are you under water?”

    Let’s get something straight, joker. The only time I get under the damn water is when I go swimming. Let’s get another thing straight while we’re at it—I’m not going to let jokers like you put me under any damn water with your stinking lowball offers. If I have to, I’ll go to the grave demanding my damn price.

  18. Barbara says:

    Trulia, Montclair:
    last 7 days – 8 new listings, 20 + new pre-foreclosure and foreclosures.
    Good luck with this –>

    over 20k in prop taxes too, just about 5,500 a month for this. lulz.

  19. Barbara says:

    realtors must have figured out a way to hide previous listing prices on houses on Trulia.
    Few listings provide this info now.

  20. Mike says:

    reinvestor101 ooh an estate sale that’s even better

  21. Mike says:

    Barbara 19 I have’nt noticed that yet even the ones that have been taken off the mls unless because they’re listing it again without the address and that’s what Trulia goes by

  22. Lamar says:

    Barb (19)-

    If the listing is in GSMLS, you can get an agent to give you the archive history on previous listings.

  23. Lamar says:

    Oblivion, dead ahead.

  24. reinvestor101 says:

    Now here’s a real estate investor who knows how to be versatile. The first video appears to have been made at the height of the flipping craze. The second one is a link to his current website which also contains a video about helping people avoid foreclosure. This guy made money on flipping and then turned around and is helping those who get caught avoid foreclosure!

    Damn, now that’s what I call a damn real estate investor.

  25. Fast Eddie says:


    Consider the listing prices as just an opinion. Whether it’s 800K or 80K, it really doesn’t make a difference. After the storm drifts away and the 60 foot waves subside, the water level will find its benchmark. Let the ya ya’s and na na’s fling their sh1t back and forth because in the end, amidst the destruction, the silence will be deafening.

  26. Fast Eddie says:

    $6,000 per month just in PITI alone. Throw in the utilities and other monthly costs and you’re somewhere around $9000 per month with zero extras. This, and the fact that you have to pay for a private school because your kid is having difficulty comprehending the concept of “diversity”.

  27. evildoc says:

    Maybe old news here (I don’t follow meticulously), but still.

    Beritelli has owned the real estate firm since 1986. He is currently the vice president of the New Jersey Multiple Listing Service, and its past president, according to the organization’s web site,

  28. Lamar says:

    fast (26)-

    You’d think a pack of MS-13 would be able to beat this concept into the average kid.

    “This, and the fact that you have to pay for a private school because your kid is having difficulty comprehending the concept of “diversity”.”

  29. Mr Wantanapolous says:

    The deadbeat dweller should be tossed out. However, the pompous attitude of the banks along with their blatant stupidity is creating a foul stench. The same recklessness exhibited in creating this mess is apparent as they attempt to unwind the charade. There are more than 25M unemployed/underemployed. Do you think they could have paid a few more bucks an hour and employ someone with a brain? Then again, why employ someone who has the ability to think on their feet.

    You allow the idiots/thieves who got us into the mess, to devise a plan to rectify the situation with zero guidelines, rules, consequences, benchmarks and no accountability. Furthermore, as they walk away scot-free you reward them by stuffing their pockets. Now, their latest shennigans shocks you? F U DC.

    The only way out of this mess is to blow out these dead beat institutions. Bankrupt the shareholders/bondholders. Wipe out management, who is responsible for creating worldwide havoc and start hauling them away. Only then can recovery begin.

    Since this will never occur, you simply buy anti paper instruments.

  30. Mr Wantanapolous says:

    Will the 50.5 character close up shop and move on. The act has become boring and monotonous.

  31. Essex says:

    Lamar & BC are right on the money. As usual.
    RE ingestor, your schtick is wearing thin.

  32. Fast Eddie says:

    Graydon, meet your new science lab partners:

  33. Barbara says:

    are Montclair schools getting bad? I knew they were diverse but the test scores are still high. I wan’t sure if they had gotten the wave of illegals like we have here.

  34. Fast Eddie says:

    Wantan [30],

    What are you worried about? The great minds of the up and coming generation will innovate, initiate and resolve our Nation’s ills! They are in tune with Snooki, Ga Ga and text messaging. Nothing to fear, the millennials are here!

  35. Essex says:

    35. They’ll more than likely be in tune with street hustling, as that will be ‘the’ growth industry for the young in the USA…same as it ever was. Only worse. Prolly.

  36. Essex says:

    I’m definitely sending my kid overseas. I’ll prolly join her. I hear the Alps are a great place for a teenager….an NJ Expat in process.

  37. Mr Wantanapolous says:

    Pay no attention to currency debasement;

    “OPEC is not interested in compliance right now,” Nordine Ait-Laoussine, the former Algerian oil minister who now runs Geneva-based consultant Nalcosa SA, said in an interview in Vienna. “They’re concerned about the dollar because as the dollar weakens, prices go up. They’re not paying any attention to production discipline.”

  38. 250k says:

    Quaint Westfield, N.J., On Edge After Brutal Rape
    Police Searching For 2 Suspects And A Minivan

    Police release sketches of men wanted in Westfield attack

  39. Essex says:

    40. 3 AM…

  40. Sterling Grey Matters says:

    Avoid Foreclosure Market Until the Dust Settles

    “Someone went on the roof with a bag of cement and dropped it down the chimney,” he recalled. “It rained, and now you have a solid block of concrete somewhere where it’s extremely difficult to get in to break it up. That’s just wrong.”

  41. grim says:

    Talked to an appraiser up near Allendale who told me about a REO he appraised where the previous owners poured quickrete down the toilets and drains.

    Pretty much need to tear the house down to the studs to fix that one, if it is even worth it.

  42. Comrade Nom Deplume says:

    [40] 250K

    That is right on the Garwood town line so it would not see much police activity. It’s also quite dark around there until you get out to North Ave.

  43. Barbara says:

    concrete down the drains, damn. That’s gangsta.

  44. Comrade Nom Deplume says:

    In doing a search on the subject to see who else is blogging about this, I found no other references on the web to the fact that the expat report is 76 days overdue.

    The board liberals are right. Apparently, I am the only person in the world that cares about this.

    I’m with you now, Lamar. I am embracing the oblivion.

  45. Comrade Nom Deplume says:

    [38] SX

    What happened to you? You are sounding less and less liberal by the day.

  46. NJGator says:

    Protesters hit streets anew in France over pension reform

    PARIS — Scattered fuel shortages rattled drivers and businesses across France on Saturday, as tens of thousands marched for the fifth time in a month to protest President Nicolas Sarkozy’s plan to raise the retirement age to 62.

  47. Comrade Nom Deplume says:

    Well, it looks like we are back to having goldfish. Older daughter won 2 at a school fall fair, and for good measure, won another for her friend. Had to scramble to get the tank from the back steps, where it was collecting leaves and rainwater, and clean it out, get the water treated and filtered, and get the fish acclimated.

    Because all her fish died this spring, she is distancing herself a bit and decided against naming them. Daddy is now on the spot to deliver and keep these guys alive.

  48. NJGator says:

    Protesters hit streets anew in France over pension reform

    PARIS — Sc*ttered fuel shortages rattled drivers and businesses across France on Saturday, as tens of thousands marched for the fifth time in a month to protest President Nicolas Sarkozy’s plan to raise the retirement age to 62.

  49. Essex says:

    47. I may ‘test’ out as a theoretical liberal. I like the humanistic side of the coin, but my midwestern mind can smell a rat a mile away. So I have a fairly conservative bent when compared to many of my east coast brethren.

  50. Essex says:

    Enlightened self-interest is a philosophy in ethics which states that persons who act to further the interests of others (or the interests of the group or groups to which they belong), ultimately serve their own self-interest.[1][2][3]

    It has often been simply expressed by the belief that an individual, group, or even a commercial entity will “do well by doing good”.[4][5] Enlightened self-interest might be considered to be unrealistically idealistic and altruistic by detractors and practically idealistic and utilitarian by proponents.

  51. Samivel says:

    Many of those in foreclosure come from places where there is little to no access to credit. In those places money lenders don’t ask for their money back twice. They simply cut off the hands of the debtor or worse.
    But this is America where we have a god given right to capital and if it we can’t pay it back, it’s the bank’s fault.
    Oh yeah, and I have a God given right to a loan mod. Didntcha know?

  52. JACK says:

    According to Krugman: Now an awful truth is becoming apparent: In many cases, the documentation doesn’t exist. In the frenzy of the bubble, much home lending was undertaken by fly-by-night companies trying to generate as much volume as possible. These loans were sold off to mortgage “trusts,” which, in turn, sliced and diced them into mortgage-backed securities. The trusts were legally required to obtain and hold the mortgage notes that specified the borrowers’ obligations. But it’s now apparent that such niceties were frequently neglected. And this means that many of the foreclosures now taking place are, in fact, illegal.

    This is very, very bad. For one thing, it’s a near certainty that significant numbers of borrowers are being defrauded — charged fees they don’t actually owe, declared in default when, by the terms of their loan agreements, they aren’t.

    Beyond that, if trusts can’t produce proof that they actually own the mortgages against which they have been selling claims, the sponsors of these trusts will face lawsuits from investors who bought these claims — claims that are now, in many cases, worth only a small fraction of their face value.

  53. Fast Eddie says:

    Have a glass of wine first before you click on this link. I swear, you will p1ss your pants laughing. This guy reminds me of some of the guys I grew up with in Jersey City.

  54. Essex says:

    I thank God every day I didn’t grow up around here. The retard count is really high. It must be something in the groundwater.

  55. Pat is juggling says:

    I heeded the call to chill out.
    From you and many a lout.

    From noon ’til sundown
    Summers Farm was my clown.

    Now back to the books of the jungle,
    a new industry will I not bungle.

    Small business 8(a)
    A new way, a new day.

    Crap, the weight of the fey.

  56. Fast Eddie says:


    Our drinking water was laced with chromium instead of flouride. It sort of worked out better than expected. This is true. We lose our teeth much faster than the rest of the country but they grow back indefinitely. Sort of like a shark.

  57. Mike says:

    250K No. 40 Sound fishy to me what’s a twenty year old doing out at that time with $450 on her . Sounds like a drug deal gone bad

  58. Essex says:

    56. Lord…..get some help housewife.

  59. Shore Guy says:

    “I found no other references on the web to the fact that the expat report is 76 days overdue.”

    Did you get my e-mail?

  60. Pat says:

    Sorry, Essex, that was for CF.

    You can skip my posts.

  61. Essex says:

    CNBC predicts Congress will retroactively legalize foreclosure fraud

    By Daniel Tencer
    Saturday, October 16th, 2010 — 6:52 pm

    CNBC predicts Congress will retroactively legalize foreclosure fraud

    Congress will pass a bill to “forgive” banks the potentially criminal errors made in foreclosure proceedings, a senior CNBC editor predicts.

    In a blog column Friday, John Carney argues that lawmakers in DC won’t allow the country’s largest issuers of mortgages to suffer financial losses following revelations of numerous mishandled foreclosure proceedings, especially when bailing them out this time “won’t cost taxpayers a dime.”

    Here’s what is going to happen: Congress will pass a law called something like “The Financial Modernization and Stability Act of 2010” that will retroactively grant mortgage pools the rights in the underlying mortgages that people are worried about. All the screwed up paperwork, lost notes, unassigned security interests will be forgiven by a legislative act….

    The [foreclosure] crisis is not driven by economics. It is driven by legal rights. And there’s simply zero probability that the politicians in Washington are going to let Bank of America or Citigroup or JP Morgan Chase fail because of a legal issue.

    Carney predicts that the lame-duck session of Congress following this November’s elections will pass the law. “Every member of Congress … who has been voted out of office will cast a vote for the bill. And the President will sign it.”
    Story continues below…

    Major banks’ stocks have suffered losses this week as an increasingly large body of evidence has emerged suggesting that banks and their contractors may not have done the most basic vetting of foreclosure paperwork, instead using “robo-signers” to rubber-stamp whatever foreclosure applications were brought forward.

    The Associated Press reported this week:

    In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing departments hired hair stylists, Walmart floor workers and people who had worked on assembly lines and installed them in “foreclosure expert” jobs with no formal training, a Florida lawyer says.

    In depositions released Tuesday, many of those workers testified that they barely knew what a mortgage was. Some couldn’t define the word “affidavit.” Others didn’t know what a complaint was, or even what was meant by personal property. Most troubling, several said they knew they were lying when they signed the foreclosure affidavits and that they agreed with the defense lawyers’ accusations about document fraud.

    The result has been a steady stream of allegations of wrongly foreclosed homes. In one notorious incident last month, a Florida man who had bought his home for cash and carried no mortgage was stunned to find his home in foreclosure. In another incident, a woman who was behind on payments but not in foreclosure called 911 when she heard what she thought was a burglar, but was in fact a JPMorgan contractor coming to change the locks on her home.

    In many instances, those shortcuts and mistakes may have violated laws. Attorneys general in all 50 states have now launched probes into foreclosure practices. Bank of America has halted foreclosure proceedings in all states, while Ally Financial (formerly GMAC), JPMorgan and others have announced partial suspensions.

    Carney admits that, with outrage growing over unscrupulous foreclosure practices, a second bailout of banks would be politically unpopular.

    “Will the public be outraged?” he writes. “Probably. Financial bloggers will scream from the high heavens against another bailout of the banksters. Congress may try to create some cost for banks in exchange for the forgiveness, perhaps requiring more mortgage modifications. But the much feared [foreclosure] apocalypse will be laid to rest.”

  62. Essex says:

    61. Which ones? Pat’s or Reinvestor’s?

  63. me@work says:

    Another night in the pit.


  64. me@work says:

    survived another night in the pit…


  65. yo'me says:

    “They’re concerned about the dollar because as the dollar weakens, prices go up. They’re not paying any attention to production discipline.”

    When the dollar goes down,somebody’s currency goes up and suppose to make the purchase cheaper for that country. OPEC’s greed raises prices for everybody and complain about the stability of the dollar.With a strong dollar they justify increasing prices to lack of oil fields.Figure it out.

  66. yo'me says:

    Maybe they are more concern with increasing prices equals to lack of demand equals to decreasing prices compared to the real value of dollar converted to their currency.More push for clean energy.

  67. Essex says:

    I find it ironic that in the rush to foreclose and the subsequent feasting on the dead remains, the deal seeking vultures are now in doubt. Karma=bitch.

  68. Lamar says:

    BARCELONA, Spain (ESPN, 10/16/2010) — Barcelona president Sandro Rosell says the club will cut back spending to help reduce its debts of more than $563 million, blaming predecessor Joan Laporta for the club’s poor financial state.

    Rosell addressed his first members meeting Saturday, where vice president Javier Faus said the club lost $112.2 million last season.

  69. Lamar says:

    plume (46)-

    Once you get past the stench of death, the oblivion is rather warm and inviting.

    “I’m with you now, Lamar. I am embracing the oblivion.”

  70. Essex says:

    71. Perhaps a return to another career would enhance your outlook. Perhaps.

  71. Lamar says:

    samivel (52)-

    I think the overriding concept here should be that banks aren’t allowed to make up the rules on the fly simply in order to take the cheapest, most expedient way out of a mess of their own making.

  72. Essex says:

    “Idleness and lack of occupation tend — nay are dragged — towards evil.”

  73. Essex says:

    The real “haves” are they who can acquire freedom, self-confidence, and even riches without depriving others of them. They acquire all of these by developing and applying their potentialities. On the other hand, the real “have nots” are they who cannot have aught except by depriving others of it. They can feel free only by diminishing the freedom of others, self-confident by spreading fear and dependence among others, and rich by making others poor. -Eric Hoffer

  74. Lamar says:

    sx (72)-

    Don’t assume I don’t already have another career going.

    I do, in fact.

  75. Lamar says:

    sx (72)-

    BTW, it’s still all turning to shit.

    Embrace the nothingness.

  76. 250k says:

    Mike (58)
    >>Sound fishy to me what’s a twenty year old doing out
    >> at that time with $450 on her . Sounds like a drug
    >> deal gone bad

    Perhaps, but the police are saying she had a valid reason for carrying that much cash. If a sexual assault did take place, it doesn’t really matter what the time of day was or what the original intent of her being in that place at that time was. I hope they catch the criminals if the story is real.

  77. Essex says:

    It’s all good Lamar. As the brothers say.

  78. Libtard says:

    Which division of gubmint did Eric work in?

  79. Essex says:

    80. Eric was a longshoreman. His dad was a cabinet maker (union member)…..

  80. Essex says:

    Hoffer was born in the Bronx, New York City in 1902 (or possibly 1898), the son of Elsa (née Goebel) and Knut Hoffer, a cabinetmaker.[3] His parents were immigrants from Alsace. By the age of five, he could read in both German and English.[4][5] When he was age five, his mother fell down a flight of stairs with Eric in her arms. Hoffer went blind for unknown medical reasons two years later, but later in life he said he thought it might have been due to trauma. (“I lost my sight at the age of seven. Two years before, my mother and I fell down a flight of stairs. She did not recover and died in that second year after the fall.I lost my sight and for a time my memory”).[6] After his mother’s death he was raised by a live-in relative or servant, a German woman named Martha. His eyesight inexplicably returned when he was 15. Fearing he would again go blind, he seized upon the opportunity to read as much as he could for as long as he could. His eyesight remained, and Hoffer never abandoned his habit of voracious reading.

    Hoffer was a young man when his father, a cabinetmaker, died. The cabinetmaker’s union paid for the funeral and gave Hoffer a little over three hundred dollars. Sensing that warm Los Angeles was the best place for a poor man, Hoffer took a bus there in 1920. He spent the next 10 years on Los Angeles’ skid row, reading, occasionally writing, and working odd jobs. On one such job, selling oranges door-to-door, he discovered he was a natural salesman and could easily make good money. Uncomfortable with this discovery, he quit after one day.[7]

  81. Essex says:

    78. Walking around at 3 or 4AM to score drugs (intentionally meeting with unsavory types) would have put her in some danger. The hour and the cash raise suspicion.

  82. Mike says:

    Essex & 250K I think the Ledger stated she refused the rape test for DNA samples. But than again she could have been really traumatized.

  83. stan says:

    Bartender getting off shift?

  84. James says:

    I posted on this topic myself earlier, and it was great to see your take on it grim. – cars2scrap.

  85. Shore Guy says:

    ThIs may be THE song for anyone who is considering buying a REO in the curent environment. It also works for those who are trying to sell a home for anything within 30% of peak prices — or those thinking of paying anything close to the absurd asks on so many places..

  86. Shore Guy says:

    Is everyone holed up in an offline-Nompound someplace?

  87. Barbara says:

    Karma is bullshit. It assumes that life is fair. It isn’t. I hate Buddhism, its stupid.

  88. Libtard says:

    I’m here. I don’t go out much these days, although I did make it to the new Meadowlands Stadium for yesterday’s Army/Rutgers game. Cast comes off on October 27th. I am counting the seconds.

  89. Essex says:

    90. Maybe so Barb, maybe so. But karma is not just a Buddhist concept. Threads of this type of thinking run through just about every aspect of religion and ethics. The golden rule comes to mind.

  90. Essex says:

    Christianity All things whatsoever ye would that men should do to you, do ye so to them; for this is the law and the prophets.
    Matthew 7:1
    Confucianism Do not do to others what you would not like yourself. Then there will be no resentment against you, either in the family or in the state.
    Analects 12:2
    Buddhism Hurt not others in ways that you yourself would find hurtful.
    Udana-Varga 5,1
    Hinduism This is the sum of duty; do naught onto others what you would not have them do unto you.
    Mahabharata 5,1517
    Islam No one of you is a believer until he desires for his brother that which he desires for himself.
    Judaism What is hateful to you, do not do to your fellowman. This is the entire Law; all the rest is commentary.
    Talmud, Shabbat 3id
    Taoism Regard your neighbor’s gain as your gain, and your neighbor’s loss as your own loss.
    Tai Shang Kan Yin P’ien
    Zoroastrianism That nature alone is good which refrains from doing another whatsoever is not good for itself.
    Dadisten-I-dinik, 94,5

  91. Shore Guy says:


    This all presupposes that humans are not masochists at heart. Given the documented history of the past five-or-so-thousand years, it is not safe to conclude that we are not indeed a species of masochists.

  92. Essex says:

    95. Speak for yourself. Definitely not a masochist or a sadist. Any generalization that centers on that type of thinking is simply flawed from the very beginning. Human beings are capable of wonderful acts and great lives of exemplary achievement.

  93. Barbara says:

    big difference between cosmic justice in this life (karma) and doing unto others and turning the other cheek with no expectations in this life.

  94. Essex says:

    “The best thing to give to your enemy is forgiveness; to an opponent, tolerance; to a friend, your heart; to your child, a good example; to a father, deference; to your mother, conduct that will make her proud of you; to yourself, respect; to all men, charity.”
    Benjamin Franklin

  95. Libtard says:

    Essex…Did someone buy you one of those quote a day desk calendars?

  96. Essex says:

    “When dealing with people, remember you are not dealing with creatures of logic, but creatures of emotion.”

    Dale Carnegie

  97. Libtard says:

    “He who buys fish at half price, always pays twice.”


  98. Essex says:

    “It is the mark of an educated mind to be able to entertain a thought without accepting it.” –Aristotle

  99. Fast Eddie says:

    Man who go to bed with itchy hiney, wake up with smelly finger.

    Fast Eddie

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  101. scribe says:

    The latest on the saga of the Earls of Simi Valley. Court ordered them to move out, so they will. Then they will move right back in because the judge refused to make the vacate order permanent.

  102. Fast Eddie says:

    Watching the Giants always gives me a knot in my stomach. BTW, did anyone see the headlines from the RE section of the Bergen Record? They seem to be finally realizing that people are not falling for the bullsh1t rhetoric anymore.

  103. Libtard says:

    Speaking of the Giants. I’m in a 50 person survivor pool(no spread). $25 to enter. I tried to pick Pittsburgh this week and somehow fat-fingered Detroit!!! They are 10 point underdogs. Worst part of all, we are down to 11 players and I’ve been very liberal so far, saving the easy picks for later.

    Well at least I have a reason to watch the Giants game.

  104. Fast Eddie says:


    Hansen nailed a 50 yarder at the half. Detroit is very much in this game.

  105. Libtard says:

    Yeah…But with Stanton in and at home for the Giants, it ain’t gonna be easy. On the bright side, Pittsburgh is struggling. I’m still drawn dead though as someone in the pool picked the Giants.

  106. Libtard says:

    I don’t think Beckum caught that ball? I’m sunk!

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  108. Shore Guy says:


    Notice who our friend Franklin left off his list?

    Wife. Ahh, Ben of the roaming eye.

  109. Shore Guy says:

    “Definitely not a masochist or a sadist”

    Yea, okay. Just coming her on a regular basis and taking the hits you do, lady, seems to disprove that.

  110. Shore Guy says:

    “He who buys fish at half price, always pays twice.”


  111. Shore Guy says:

    “The best thing to give to your enemy is forgiveness”

    Or as
    Patton might have said, “The best thing to give to your enemy is an opportunity for his God to offer him forgiveness.”

  112. Essex says:

    Shore you seem confused.

  113. Essex says:

    I’m a dude. k?

  114. Essex says:

    113. I also love a good fight. Pain is just weakness leaving the body.

  115. Mr Hyde says:


    my satlink is intermittent in my Titan nompound. I will attempt to address that immediatly

  116. Fast Eddie says:

    This house on Woodcliff Lake Road in Saddle River (see link below) is on the market for $2,450,000. That’s a significant drop from the $4,250,000 asking price in 2007 — typical of the luxury market trend in North Jersey, Realtors say.


    The downturn in the real estate market has hit just about everywhere in northern New Jersey, including the region’s pricier towns. In Saddle River, the median home price for the end of 2009 and early 2010 was down 16.4 percent compared to the peak of the market at the end of 2005 into early 2006.

    Like I said, we’re still 20% too high on everything; especially on listings between 400K and 800K. As conditions slowly decay and the vultures patiently wait, sellers will eventually capitulate and concede defeat. Like flowing water eventually coming to rest, every asset eventually reverts to the mean. It’s the law of physics, no exceptions.

  117. gl says:

    Priorities, priorities…

    “I’m a little late on my mortgage – seriously. But I have my priorities. … There’s baseball, my wife and baseball.” – Dallas fan waiting in line to purchase $1,000 worth of tickets for the Rangers-Yankees playoff series (KERA radio, Wednesday)

  118. speedkillsu says:

    What a BIG win for the Jets !

  119. Confused In NJ says:

    Berlin, Germany (CNN) — Multiculturalism in Germany has “absolutely failed,” German Chancellor Angela Merkel told her party’s youth wing at a conference Saturday.

    “The approach of saying, ‘Well, let’s just go for a multicultural society, let’s coexist and enjoy each other,’ this very approach has failed, absolutely failed,” she said in a speech.

    The remarks echo a comment she made to CNN last month in response to a question from Becky Anderson about Germany’s Muslim population.

    “We’ve all understood now that immigrants are a part of our country, (but) they have to speak our language, they have receive an education here,” Merkel told CNN’s “Connect the World” program September 27.

    Germany’s population is about 5 percent Muslim, the Pew Forum on Religion & Public Life estimated last year. Its roughly 4 million Muslims make up the largest Muslim population in western Europe.

  120. Shore Guy says:

    From the Baltimore Sun:

    “But polls suggest Obama’s winning coalition from 2008 is crumbling. About one-quarter of those who voted for Obama are voting Republican in November or are considering doing so, according to an Associated Press-Knowledge Networks poll.
    Equally as dispiriting for the White House: Just half of Obama voters say they’ll definitely show up to vote Nov. 2, while two-thirds of those who voted for Republican John McCain in the 2008 presidential election say they’re certain to vote. ”
    Democratic officials say the

  121. chicagofinance says:

    More hypocrisy and shite from Europeans…..oh yeah…we suck the big one…sure….

  122. Yikes says:

    jets 5-1 going into the bye week. longtime fan and i like the team a lot this year but don’t think it can win the Super Bowl.

    the defense has been a bit of a letdown this year, but the offense looks much better than last.

  123. Shore Guy says:

    “I’m a dude. k?”

    Makes no difference to me. No offense intended.

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