News and notes from Reston (tm).

Thursday, June 5, 2008

Reston's Vibrant Economy, Part 21: Somehow Ed McMahon's involved in all this

Reston's vibrant economy certainly knows how to capitalize on market trends. We're now apparently the place the phone rings when someone gets a foreclosure notice on their particleboard McMansion in West Spittle, Ohio:

I'm spending the day in Reston, VA at one of the big offices of Fannie Mae. Employees here are volunteering at a call center for a foreclosure phone-a-thon being run out of Cincinnati, OH.
A phone-a-thon? Sounds fun! All we need is a washed-up game show host! Sounds like we're in luck!
I know everyone is gasping today over news that Ed McMahon is over a half a million dollars behind on his mortgage, but he's really not all that different from these callers, give or take a few million dollars in income. Ed needed to sell his home in order to pay off his loan, but nobody's buying. Same story everywhere.
Everywhere? It couldn't happen here! And if Ed had any common sense, he would have sunk his residual checks into stucco and mauve wood trim, and he'd still be on easy street!

No comments:

Post a Comment

(If you don't see comments for some reason, click here).