Come on people…please do not disappoint me.
Please take a moment to reach out and make a difference.
I made a personal appeal in the blog post below and that personal appeal was responded to by only TWO PEOPLE.
READ THE POST BELOW AND TAKE THE ACTION REQUESTED.
I am collecting good information to post that all of you [...]
The biggest question I have about the real estate market is… why are we all pretending that there’s a real estate market at all. There’s no real estate market in this country, hasn’t been one since July 10, 2007, when the Wall Street banks destroyed then bond market. July 10, 2007 was the day that Standard and Poors and Moody’s downgraded about a thousand bond issues that were backed by sub-prime mortgages, and investors like pension plans dumped the bonds the next day, along with any others that they feared might be downgraded soon.
Interesting comment submitted by Laura. We have been saying on these pages that virtually all documents are fabricated, and then submitted in support of an attempt by a pretender lender to pursue a foreclosure sale. Nothing proves the point better than a document that is notarized without any signature. The further investigation by this homeowner [...]
My goodness, I’ve been doing quite a few radio programs on the foreclosure crisis and loan modifications and the economy lately, have you noticed? I really like doing the radio show thing, it’s a lot easier than writing long, in-depth articles… LOL… just kidding… sort of. Anyway, this is a link to me on Danny Schechter the News Dissector’s show, which is out of New York.
I’ve been waiting for this day for almost a year. The day I could stop beating around the bush and come right out and talk about the “secret” NPV and loan modifications. Because I’ve known about the “secret” since last summer, and I wanted to go public then, but I was afraid the Treasury Department would take me away in a black Suburban, so I shut my mouth and got the REST Report platform ready.
The bill is important at a time like this, because it would clearly encourage more lawyers to represent homeowners in foreclosure actions “because attorneys can be confident, if successful, that they will be paid for their work.” And, as more than one person has pointed out, with foreclosures going nowhere but up, attorneys specializing in foreclosure work are needed more than ever before. A whole lot more, actually.
Then you say it’s bad for communities, Terrence, why do you think that’s the case? I mean… bad is a relative term, wouldn’t you agree. And, in terms of doing bad things to communities, aren’t you guys at Fannie Mae pretty much the poster children? Like if the Olympic Games had a “Damaging Communities” event, wouldn’t you guys at Fannie be like the Michael Phelps of gold medalists, at the very least?
This is what scares the hell out of the pretender lenders. The reason? Because it transfers POWER from them to the borrower. They have embarked on numerous “ventures” in PR, rumors and even attempts at criminal investigations to scare off people from dumping their sour investments. The people who have shared their stories with me [...]
From “Anonymous” in Response to Post about PAID IN FULL Editor’s Note. I might have misstated the case when I said that investment banks are buying up the lower tranches. It’s not them. It is the people in the investment banks because they have another gambit to run on this. Anonymous, I would appreciate it [...]
HUGE PRIVATE LAWSUITS FOR TAX EVASION BY SECURITIZATION PLAYERS: Totaling more than $3 billion between just three states and probably more, my estimate is that these cases will succeed and that they will lead to settlements that will dwarf the Tobacco settlements. California Qui Tam False Claims Recording Fees Nevada Qui Tam Nevada Qui Tam [...]
First they started with servicers bringing foreclosures, and that didn’t work. Then they tried MERS to bring foreclosures, and that didn’t work. Then they tried backdated, fabricated and forged documents from non-existent originators with signatures from phantom people as “limited signing officer” or “assistant vice president” and that is going down the drain. Now they [...]
FBI to target mortgage fraud By Suzanne Kapner in New York Published: June 11 2010 02:25 | Last updated: June 11 2010 02:25 The Federal Bureau of Investigation is preparing a nationwide crackdown on mortgage fraud, the latest in a series of efforts to curb lending practices that contributed to the housing meltdown, according to [...]
A homeowner wrote to me the other day, and I could tell from her emails that she had been through the ringer trying to get a loan modification. I’ve heard from so many thousands of homeowners that I’ve gotten to the point that I could probably guess their lender or servicer just from the tone of their email or voice. This one, however, kept notes of her journey into The Loan Modification Zone, and I couldn’t help but share them… you’ll see why.
Here it is… the first article I ever wrote for The Niche report magazine. Click the linked title below: Pigs, Puppets & People in Peril. Seems like soooo long ago…
Initially, I didn’t think there was any need to address Ms. Baldwin’s accusations one by one because, they were either untrue or devoid of any substance, but additionally, they are the kind of things that are easily verified.
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