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Confessions of a Predatory Lender

by
4.5  ·  Rating Details ·  16 Ratings  ·  8 Reviews
Meet Christy. She's all about Palouse. She was born in the town of Palouse, in the Palouse region of Washington State. Her family name is Palus, and her father is a descendant of the Palouse tribe. Watered down to a few drops. Still, it's something she is proud of. If someone had told her that she will become a predatory lender, betray her best friend, fall in love with a ...more
Kindle Edition, 420 pages
Published December 2012 by Amazon KDP
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Community Reviews

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Martha Cheves
Feb 14, 2013 Martha Cheves rated it it was amazing
Confessions of a Predator Lender – Review by Martha A. Cheves, Author of Stir, Laugh, Repeat; Think With Your Taste Buds; A Book and A Dish



“During the eighteen months the Otts have had their home, they have paid only part of the interest and none of the principal. Now, that the reset date has arrived, I’m not surprised that shock and awe has set in. Their new payments will be three, maybe even four, times the amount of the monthly payments they’ve been making. I could explain to Sally that they
...more
Lynn
Jan 28, 2013 Lynn rated it it was amazing
With the real estate market decline behind us, as well as the sub-prime mortgage debacle, this makes for a very interesting read as to how it all evolved. Having had background in the banking industry myself, I found this to a be a factual account of how it happened, or could have happened. Interwoven into a good story about a young woman who climbs the career ladder a couple of rungs at a time, is a lot of fun business speak, and office politics galore.

The author is Irma Fritz, who has done a s
...more
Fran
Jan 29, 2013 Fran rated it it was amazing
Confessions of a Predatory Lender: Irma Fritz

Christy and Megan are best friends and have decided to venture out into the world together taking on Loan Officer Boot Camp and trying to deal with the pressures of having to start a career, pay rent, live together and of course make tons of money to afford the lifestyles they want to become accustomed to. So, at 23 why not go for the gold as you might say. Christy and Megan want to live life to the fullest and from day one they learn that things come
...more
Jeff Dawson
Feb 05, 2013 Jeff Dawson rated it really liked it
Be wary of easy money

Irma does it again. This will be the third work I've read of hers. Cigarette Break is still my favorite, but this one carries its own appeal.

This story revolves around the the adventures of Christy and Megan. Two gals who are professionally driven to reach the top of the corporate ladder in their chosen field—Finance.

They do everything together as one would expect of BFF's. They take a job at a sub-branch of Goode Mortgage Company and a few years later, fill out an applicat
...more
R.L. Cherry
Jan 28, 2013 R.L. Cherry rated it it was amazing
A bit reminiscent of the movie "Wall Street," this book is the story of how a rather naive young woman is drawn into violating what she knows is right and ignoring what is wrong because she is making good money (or cashola, as Big Lou would say). Christy, the protagonist, and her friend Megan start in the same class at Goode Mortgage, vowing to succeed together. Soon Christy finds herself putting herself over her friend and doing her part to make the housing/mortgage bubble inflate. Then it ...more
Scott Collins
Feb 03, 2013 Scott Collins rated it really liked it
If you're looking for a good story and some insight into the housing bubble, this is the book for you. It can be a bit campy at times, but it was still enjoyable. The protagonist provides a glimpse into the lives of those who drove the housing market into ruins. Some of those involved did it with no regard for those they hurt, others without knowing what was happening. Either way, the damage was done. Confessions did a great job of showing how this type of thing can happen without it seeming ...more
Micki Peluso
Confessions of a Predatory Lender

by

Irma Fritz

This is a novel about two young women, Megan, a rich girl, outspoken and determined, and Christy, more polite and well mannered; raised poor and determined to repay her parent’s struggle to pay for her college. Christy and Megan, best friends and roommates in college, have dreams of using their skills by working for the prestigious Goode Mortgage Lending Bank. They move to Seattle, Washington, and share an apartment — hoping to become rising stars as
...more
Jessica
Jul 14, 2014 Jessica rated it it was amazing
Good insight into how the crisis started

Good insight into how the crisis started

I liked the fact that this book not only highlighted the "evil banks", but the greedy borrowers as well. I work in this field, so it was actually fun to read this fictitious account of a historical financial meltdown. There was a nice balance between the banking jargon and the girlie aspect.
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I had two childhoods. One was as a kid in Germany, the other as a teen in California. Now, my husband and I live in Seattle, WA. I was passionate about reading and wanting to be a writer from early on. I studied writing at California State University at Los Angeles, where I earned a B.A.
My work experience began in Hollywood as press agent to big corporations and minor movie stars. After suffering
...more
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