Here's Hoping It's Not So…..

Doomers may remember that I was on a televised panel on August 19 with Jay Butler of ASU Realty Studies and Stan Lund, President of the Arizona Association of Mortgage Brokers.  While Lund is much more bullish on the market than I am, I found him friendly, courteous and knowledgeable.  Consequently, I can’t tell you how shocked I was to read this Thursday in the Arizona Republic:

A 48-year-old Buckeye mortgage broker and president of the Arizona Association of Mortgage Brokers was arrested Tuesday on suspicion of sexually assaulting a woman, police said.

The incident occurred nearly two years ago, but the case against Stanley Lund required extensive investigation with "multiple interviews and a lengthy analysis of forensic evidence," Buckeye officials said in a written statement.

Lund, owner of Peoria-based Lund Mortgage, assaulted a 35-year-old woman on Dec. 11, 2005, at his Verrado home in the 20800 block of West Lost Creek Drive, police said.

Lund was arrested at his home Tuesday morningon suspicion of one count of sexual assault, a felony. The circumstances of the alleged assault were not immediately available.

If he’s not guilty, that’s a horrible charge to deal with, and I wish him all the best.  If he is, I hope they throw the book at him.  For those of you who missed the show, here’s the video:

 

 

 

 

 

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11 Comments for this entry

  1. oc-ed says:

    Hi twist,

    Sad to hear this. Like you said, it’s a hard one to fight if he is innocent and if not I’d be wondering where I went wrong about someone I’d met and thought was an ok person.

    oc-ed

  2. metroplexual says:

    I am reminded of the Rodney Dangerfield quote: “Everyone seems normal until you get to know them.”

  3. gmt says:

    The guy raped consumers with risky mortgages, only fitting …

  4. MikeC says:

    Please, please, please remember he is innocent unless proven guilty.

    A friend of mine was falsely accused by an ex-girlfriend of his of some horrible things.

    When her stories didn’t add up, she eventually admitted that she had made up the whole thing to appease a very jealous new boyfriend she had, who wanted to see her “prove” her love for him (and that she had no more feelings for her ex)by putting her ex in jail.

    My friend never went to jail, but his image among friends and acquaintances is irrevocably stained.

    Meanwhile, the girl that made the false accusations tried to kill herself…and it became clear to her that she was being beaten on a regular basis by her new “jealous” boyfriend…

    Sad, sad, story. But a reminder that many of those accusations are often completely made up.

    Yes, some men can be scum. But don’t forget that some women can also be evil.

    Let the courts sort it out.

  5. twist says:

    MikeC-

    I thought the same thing. It’s tough for an innocent woman when no one believes her, but it’s tough for an innocent man who is falsely accused. It’s also tough for the family of the accused- whether the guy is ever shown to be guilty or not.

    I got the feeling when talking to him that he genuinely wanted to crack down on mortgage fraud and sleezy brokers, and I appreciated that, even if I thought he was way too optimistic on the market. That doesn’t mean he is all he appears.

    I’ve toyed with posting this since I saw it, and decided that given his prominence in the local RE scene, I’d put it up “for what it is worth.”

  6. MikeC says:

    Oops a little typo in my posting. It should have said, “and it became clear to her friends that she was being beaten on a regular basis by her new “jealous” boyfriend…”

  7. JimAtLaw says:

    This is a tough one. My younger brother was falsely accused of rape in college and dragged out of class in handcuffs. The girl later recanted (and went unpunished as they basically all do), and my brother, well let’s say I think he was never, ever the same. No way to damage someone like humiliation, police abuse & false imprisonment.

  8. NVmike says:

    That’s one mean mug shot!

  9. jryskmpr says:

    John and Twist,

    I think you are both in WAY over your heads. You should realize that in dealing with the power structure, you are dealing with psychopaths, whether it’s this insect, George Bush, Bernanke, Hillary or the Pope (or even, heaven forbid, Barack–just look into Rezko and his mafia connections: he’s under Federal indictment, by the way). What about “psychopath” don’t you understand? After all, you’ve been writing about the housing market! You’re not children. Wake up!

    Wait til they start putting the squeeze on you to shut your mouths. I’ll know, when I read on your site something like

    “Light at the end of the tunnel?”

    followed by word from you that things may not be so bad after all. Then we’ll know you’ve caved.

    Rough, isn’t it? Well, we’re now entering the twilight zone of the power structure. It’s no joke–and insights and arch remarks and intelligence observations are NOT appreciated by the power structure, thank you very much. Think, walking around a room you’ve never been in before–in complete darkness.

  10. MikeC says:

    >>No way to damage someone like humiliation, >>police abuse & false imprisonment.

    Oh…I should add to the story about my friend:
    Throughout his ordeal, he swore up and down that as soon as it became clear that his ex was making up the whole thing, he would get her put in jail, sue her butt off, etc, etc.

    Of course, once she admitted she made everything up, my friend went straight the police officer in charge of the case and demanded that charges be laid against her for her very seious false accusations. The police officer flat-out *refused* to help lay any charges against her (!!!), now saying that she was a “victim” because she had made the false accusations out of fear of being beaten further by her new boyfriend.

    So, yes, men sometimes don’t get any justice in these situations, even when they were completely innocent.

    jryskmpr:
    Thank you for enlightening us all about the “psychopathic” Pope, Hillary Clinton, and Barack. OOhhh, those peace-loving crazies will do it to you every time, won’t they??? If only they could shut and and learn to love war and death like everybody else!

    But seriously…do you think that you can post that kind of silliness without anybody telling you that you forgot to take you meds this morning? Or is there some sarcasm/joke in your post that I am missing?

    If you are insinuating that this whole thing is happening to Stanley Lund because he has come out preaching against the subprime problem, then I suggest you are letting your imagination go wildly out of control.

    There are much, much, much, much, bigger fish to fry in terms of people that are speaking out against the status quo.

    And, as *two* of us here have already mentioned from our own personal knowledge, the kind of thing that is happening to Lund (whether Lund is guilty or not) happens to regular people every day, who are not the focus of any targetted “revenge”.

    >>Think, walking around a room you’ve never >>been in before–in complete darkness.

    Exactly! I’m sorry, but that was what I was thinking when I read your post! ;)

  11. MikeC says:

    jryskmpr:
    I just gotta add to my post-
    For anybody to blame the likes of Lund (or even lil ol’ bloggers Twist and John) for talking about (and yes, *blogging* about) the futility of the sub-prime induced housing bubble in the U.S.

    That would be like blaming Newton for inventing gravity.
    (HINT: Gravity existed whether Newton talked about it or not!)

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