July 29, 2007

Open thread to talk about Casey Serin and the death of iamfacingforeclosure.com


Kid, you're the poster boy of mortgage fraud, and we'll miss ya. Good luck at the 2008 Senate housing crash hearings and with the FBI. Two Words: States Evidence.

Funny that iamfacingforeclosure and American Home Mortgage both died on the same day, eh?

There. That should do it.

July 29th, 2007

Over

IamFacingForeclosure.com story is no longer online. Earlier than I thought but for the better.

- Casey Serin

24 comments:

Anonymous said...

He'll be back in 2016 as the ambassador to China.

Anonymous said...

The best reality show ever - I'm going to miss it.

FlyingMonkeyWarrior said...

With his blog closed, how will we find out about his FBI perp walk and his divorce?
I am really gonna miss Casey's
'White Collar Jerry Springer Show'.

Impulsive said...

After the last foreclosure, he became irrelevant.

Lost Cause said...

The side show lost interest. But the real fireworks are just starting.

Anonymous said...

I should care about this idiot because.......

Timeline Guy™ said...

It must mean he starts his W-2 job tomorrow at 8 AM sharp (Gee boss, I fully intended™ too™ be hear™ at 8, but I didn't realize their™ was this much traffic early in th emorning. I usually don't get up much before 11™ and Jamba Juice™ just down the street...)!

Anonymous said...

hell , tell him to go to israel.....that is the place where jews go when they get in trouble in their present country of residence...

when he gets there he can get his very own israeli passport and his very own pension provided free of charge to him by the united states....

saldek said...

Meh, it's not the first time he's closed down the site. I give him two weeks before he's back.

Anonymous said...

I found IAFF very educational. His story typified what happened in 2005-6, and his efforts (?) to bail himself underlined the problems in a hyperinflated housing market. Now he says he's facing legal problems with the FBI, he represents the 2007 side of what happened as some of the flippers, mortgage frauds and rip-off artists are brought to justice. Hope some judge measures his misdeeds in years.

waiting_for_the_fall said...

Casey's still got alot of other websites. Serin.info is one of them. Ablebuyer.com is another. Who knows how many of them are out there, waiting for him to start up another blog at?

mrmx said...

if he hadn't made paying back CashCall into a debate, he would still be blogging-- my opinion.

i.e. this was casey's biggest mistake because the mob comes down on people who don't pay, laughs about it and encourages others to default too! i.e. if the "fear factor" evaporates, the masses are no longer under control!

Natural Eyebrows said...

Casey was foolish to go public. If he hadn't drawn all that attention to himself he might have just muddled through with a massively blemished credit history and resumed his financial life a few years later.

Having made himself famous, he then did a lot of things wrong. He entered into weird deals with other scam artists and wound up in litigation with them. He wound up selling the rights to the name of his blog,apparently to settle some other bogus claim against him. He got legal help too late. He virtually begged the FBI to investigate him. As someone else pointed out, the trip to Australia paints him as a flight risk if he ever wants to post bail. All along Casey has ignored the first rule of climbing out of a hole: stop digging.

Anonymous said...

I'm just glad he finally started to face reality before things got any worse for him. He was just a kid trying to run a business and wasn't mature enough to understand that a contract is an agreement where you ar required to perform or mature enough to understand that making money requires hard work.

-totally broke
-wife divorcing him
-most hated blogger
-hounded by cashcall and creditors
-investigated by the fbi
-sued by those he broke contracts with
-debased by haterz.

This slow motion train wreck had to stop sometime.

Anonymous said...

Keith said... "Any more?"


Yes, Freddy Krueger and Jason who got jobs on Wall St., chopping up mortgages and spinning them into cdos. Now, instead of doing the butchering first hand, they get to sit back and watch the bust unfold.

Anonymous said...

Casey will be back, he can't help it. He loves the blog thing and the attention it brings.

dcr said...

Bummer. I just found his blog this week, and was still trying to figure out if he was for real or not.

waiting for the fall: serin.info appears to be gone. Ablebuyer.com redirects to serin.us.

Anonymous said...

Just another unemployed Gen-X, Y or whatever......

waiting_for_the_fall said...

So, his next website will be: iambeinginvestigatedbytheFBI.com
or
iamgoingtojailformortgagefraud.com
or
iamfacingbubbainjail.com

the possibilities are endless...

Anonymous said...

Dude was featured on Nightline on Friday night...his laywer must be having fits given the soundbites they got of him...he seemed generally disaffected by the gravity of what lay before him.

Anonymous said...

Hey, I thought only the 'Boomers' could F**k-up

Anonymous said...

"He was just a kid trying to run a business..."

I beg to differ. The potential for amateur, armchair psychoanalysis alone was boggling (see previous discussions here and on exurbannation, the "haterz" blog). He was old enough to know right from wrong and 'if a thing sounds too good to be true, watch out'. He was a con artist, bi-polar, psychopathic, self-deluded, manipulative basket case(-y).
In Casey's mind, he is not deeply in debt and facing jail time, but only in a bad patch, squarely on his way to becoming a billionaire, unlike you working stiff losers. The deeper down, the more astounding the ending of his heroic Horatio Alger-esque movie will be. The American Dream writ small.

Anonymous said...

I am kind of wondering who bought his domain. With Casey gone, the value of that domain is zero! The whole thing was just a mild sick entertainment anyway seeing someone dig themselves into their own misery.

Hope he pulls his life back together!

DaveO said...

Why is he not behind bars? He blatantly broke the law by faking his income, and tried to profit from that. He did the crime, now it's time for him to do the time.

I don't see how anyone could fathom making a movie, writing a book, or otherwise portrying him in any positive light now or even many years from now. He gambled, he broke the law, he cheated, he stole (i.e. the cash back from the loans), he participated in inflating this god-awful bubble. He is nothing more than an a-hole, sucking the work, savings, and determination from the hard-working middle class (who will inevitably have to pay for his and millions of others' mistakes). People like him, and the younger generation in America in general, need to learn that to SUCCEED, you have to WORK HARD. If you try such short-cuts to success (and gambling in general), don't expect anyone to shed a tear for you when you lose. You gambled, you lost, BOO F'IN HOO!