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May 2, 2008

What will mortgage brokers do next?

My email inbox has one offer. I have never heard of brokered stock margin loans. Usually the stock shop is more than happy to extend credit on favorable terms to get the trading commissions. Maybe the market turmoil has changed that and wealthy investors are looking for better terms.

Attn: Mortgage Brokers Are you tired of being beat up in the OLD mortgage game? Earn Thousands Brokering Stock Loan$! FAST – EASY -SIMPLE Use publicly traded stock to collateralize loans! Earn huge fees per transaction Easy to process application Super fast closing process Get paid weekly !!! 24 hour turnaround on applications Deal with high net worth borrowers Fast & easy training for quick production Initial 200 LEADS provided upon approval Ironclad agreement to protect your commissions. BECOME AN AFFILIATE NOW FOR ONLY $499.00*
Posted by Jay Hancock at 9:27 AM | | Comments (0)
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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