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I read an article written by Gene Wunderlich, the chairman of the Southwest Riverside County Board of Realtor's that made me think that he must live in his own world of perfection.  After reading his article I was upset that he blames the whole mess of our entire industry on mortgage fraud. I am certain there are many real estate agents that played their part in the game of deception. Instead of blaming one industry for the mess he should also include examples of folks that belong to his own organization.

The group of folks that have engaged in fraud for personal gain include mortgage brokers, mortgage bankers, real estate brokers, Wall Street, investors, speculators, appraisers and the general public at large. Greed is the culprit of our current mess and for Mr. Wunderlich to single out one group of individuals is very short sighted and ignorant of what really has transpired in the real estate industry as a whole.

I personally know Realtor's who are dishonest and only care about their commission regardless of what happens to the borrower after they close the deal. There is plenty of blame to go around and greed infiltrated every aspect of our industry, so please understand there is not one industry to blame, everyone had their hand in the cookie jar.