Comments on: Subprime Revisited: National Consumer Law Center Releases Report on Reverse Mortgages

By: Anonymous

Anonymous — Wed, 07 Oct 2009 23:29:00 +0000

enjoy

By: Anonymous

Anonymous — Wed, 07 Oct 2009 23:28:00 +0000

Did you read the article upon which he was commenting? He is quoted at least twice in the story indicated in my comment above.rnrnI went to the cynic website, took the test, and now I am begging The Cynic to trade names with me.

By: Anonymous

Anonymous — Wed, 07 Oct 2009 23:17:00 +0000

Could be jealousy but I don’t live or get business from the Golden City by the Bay.rnrnEvery time I pick up something this guy is involved in, the one thing I can guarantee is, it won’t be great. I keep my fingers crossed he gets something right without embarrassing us all. I never have those thoughts when I read what you write or the others I listed in the comment above are quoted or write.rnFor me Mr. Bachman is in a league of his own.rn

By: Admin

Admin — Wed, 07 Oct 2009 23:03:00 +0000

Critic,rnrnSounds like someone wishes they were quoted in the SFGate article.

By: Anonymous

Anonymous — Wed, 07 Oct 2009 23:01:00 +0000

Sorry, again, CRITIC, I erred because I just found the greatest website for CYNICS: http://www.i-cynic.com/quiz.asp and had it on my mind.rnAlthough, you will probably enjoy it too, since I sense a kind of wobble in that direction.rnSeriously, Bachman was ok in the comment I read.

By: Anonymous

Anonymous — Wed, 07 Oct 2009 22:50:00 +0000

Do I need to change my name? How will I log in as The Cynic? You have a good excuse. It is dizzying to see and look at so many negative comments.rnrnIt is the article itself where Mr. Bachman is quoted. You will find the article titled, u201cAbuses found in reverse-mortgage marketingu201d dated October 6, 2009 on the SFGate (Home of the San Francisco Chronicle) website by Carolyn Said at:rnrnhttp://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/10/07/BUQI1A1F79.DTLrnrnBesides what I cited in my prior comment, Mr. Bachman refers to a bill that has passed both chambers of the California legislative branch as regulations. He makes the ridiculous statement that AB 329 (the bill passed but waiting the Governoru2019s signature) simply codifies existing practices. It is obvious from his comments he has not even read the bill but he knows enough about it to make a statement.rnrnIf Mr. Bachman chooses to make comments on a blog site he is free to do so. Right, wrong, silly, foolish, etc. that is his privilege on SFGate.rnrnBut when Mr. Bachman is quoted in the newspapers and the subject pertains to reverse mortgages generally, he represents our industry. There are too many times this gentleman has initiated news releases, stories, etc. about trends with seniors, rendering advice with an u201cexpertu201d from another field where the statements are just plan wrong, are suggesting improper investment decisions, and are nothing more than hyperbole. He makes all of us in the industry look ridiculous.rnrnIf you go to his website you will discover the products Mr. Bachman is involved with: http://www.goldengateway.com/rnrn

By: Anonymous

Anonymous — Wed, 07 Oct 2009 21:45:00 +0000

Thanks, Cynic. I am bleary eyed wading through the comments in the SFC.rnNever saw so many cat pictures and read so many paranoid (perhaps, rightfully so) ramblings. However, I only saw one Bachman post that seemed ok to me (urged caution, properly used; usual party line) but not the one you mentioned. Plus, doesn’t he have the right to post (first amendment), like I will be, complaining about the lack of posters with dog pictures (or better yet duck pictures, like mine).

By: dduck12

dduck12 — Wed, 07 Oct 2009 21:29:53 +0000

enjoy