The Bugeater Lunch and Supper Club: If They Only Knew... The True Comedic Inside Story of the Mortgage Banking Industry in its Glory Days

This story revolves around Daddy, the cast of characters he assembled, and how successful everyone was despite themselves.The average homebuyer has no idea what goes on behind the scenes of the loan process. Sometimes, loans are not approved until the actual day of settlement, involving much drama, some incompetence, and a lot of paper. It always seemed to work out at the end; it was just the journey in question. Daddy often called the whole process a matter of herding a bunch of cats.That this group - the "Cadillac of Mortgage Bankers" - became the highest-producing office in the DC metropolitan area defies all logic. So, forget about the textbook definitions of FHA, VA, conventional loans, Fannie Mae, Freddie Mac. You can throw out the book and just keep this one. Getting a home loan can be like assembling a rocket ship from a comic book to fly to the moon.This book wipes the lipstick off the mortgage banking industry while answering the question borrowers wonder most about: Can I afford to buy a house? Readers will find these stories enlightening, bewildering, hilarious, refreshingly honest, and - oh, yes - scary. But, somehow, despite all the behind-the-scenes shenanigans, this group of misfits succeeded in helping many Americans realize the American Dream of homeownership. This book is about money, human nature, stress, losing your composure, anger, screaming, promises kept and broken, unreturned phone calls, and cartoon-to-potty humor - and ultimately, stories of success and the house you live in.