This information is being provided to learn about the landmark settlement of $25 Billion dollars. The settlement is set to offer roughly $25 billion in relief for distressed borrowers, states and federal government. A special website has been setup to learn more and contact the lenders involved. Visit www.NationalMortgageSettlement.com . Settlement documents will be [Read More →]
Just like in the famous game of Monopoly the BIG banks will have a chance pass. You know if a chance comes to use a get out of jail FREE card when a homeowner says you committed mortgage fraud with Robo signing to foreclose on my house. It should make you disgusted to think [Read More →]
If you believe that your mortgage lender can not rightfully foreclose on you here is a strategy to try. Recently the Consumer Financial Protection Bureau revealed that more than 38% of the 2,300 mortgage complaints sent to the Consumer Financial Protection Bureau in December related to loan modification and foreclosure concerns, the largest share [Read More →]
Robo signing occurred because banks discovered they never had proper documentation to foreclose on homeowners. So they invented fabricated mortgage assignment transfers to foreclose on the security instrument. Introducing the notorious Robo Signer by the name of Linda Green. Which different Robo Signers would sign as Linda Green. This practice still goes on today [Read More →]
Don’t believe the hype that the $25 Billion Dollar proposed foreclosure settlement for wrong doing by the nation’s five major mortgage lenders is a good thing. In fact it may be the biggest attack on Capitalism ever in history. That’s right your grandchildren’s grandchildren may never know what homeownership they really own. The cycle [Read More →]
Get this foreclosure filings are down with 1.9 Million homes entering foreclosure status in 2011. What does this tell us? More homeowners are delaying foreclosure because this is the lowest amount of foreclosure filings since 2007. This means that homeowners are contesting foreclosures because of missing documentation and faulty paperwork. What’s really going on? [Read More →]
Most homeowners are downloading examples of an QWR known as Qualified Written Requests to send to their mortgage lenders. Generally, the standard QWR that you download free is ineffective to challenge Robo signing and wrongful foreclosure. This is why the bank responds quickly with the small requirements that a standard QWR asks. They inform you [Read More →]
With an estimated 1.4 Million U.S. homes in the foreclosure process Occupy Our Homes is the next Occupy Wall Street focus. Every first Tuesday of the month banks are allowed to auction foreclosures to the public in non judicial states. The problem with non judicial states is that banks do not need court approval to [Read More →]
