ALJAZ NEWS LIVE - 30 July 14, 2024
In early 2006. I discovered that over 60 percent of these mortgages did not meet our guidelines they were by definition defective when i discovered this in this was june of 2006. Silly me i thought it was my job i started issuing warnings because i was supposed to make sure that these met our policy guidelines and i sent email i put it in my weekly report i made Committee Presentations i mean im not a shy guy i cornered people in the hallways at the water fountain and everyone say yeah yeah we we we know we need to fix that but nothing would happen. And through 20062007 the volumes kept increa...