Archive for November, 2007
Actually not all deserve bail out
Submitted By Allan Here are my thoughts: – any stated income loan shall not be eligible if income stated is more than 10% of real income. I’m sorry but when one signs 1003 income numbers are clearly visible and if one didn’t question his LO he/she not only naive but a accomplice to fraud. The [...]
30Nov2007 | Moe Bedard | 2 comments | ContinuedLitton offered us a loan modification, and we gratefully accepted
Contributed By Lucinda From Our Homeowners Forum at LoanSafe.org Hi there, Thank you to everyone who’s contributed to this wonderful site! If anyone has experience with Litton and their loan modification system, please chime in. Long story short, due to illness and several other abnormal expenses this year we became a good three months behind on [...]
30Nov2007 | Moe Bedard | 4 comments | ContinuedAvoid Foreclosure in the Inland Empire
Looks like the Inland Empire may recieve much needed assistance and homewers may be able to avoid foreclosure with a new plan by our governor. Gov. Schwarzenegger came to Riverside on Thursday to alert homeowners living in one of the nation’s most mortgage-troubled regions about options that may save their homes from foreclosure. Schwarzenegger announced [...]
30Nov2007 | Moe Bedard | 0 comments | ContinuedFacing Foreclsoure With Countrywide – Learn How to Fight Back With Jac Mac
Homeowner Story By Jac Mac at LoanSafe.org I am hoping that I’ll have better results with Countrywide than I’ve read so I’d like some support and help along the way. I’ve been reading a lot on Moe’s site and he’s offered so much valuable information, I can never thank him enough. I almost feel smart [...]
30Nov2007 | Moe Bedard | 3 comments | ContinuedFacing Foreclosure With HSBC
Submitted By Anne-Marie I tried to prepare in advance, calling HSBC to try a work out or any suggestion or help in preparing. They told me that they do not do work outs and they cannot even discuss any options with me since at the time the call was made I was not in default. [...]
29Nov2007 | Moe Bedard | 0 comments | ContinuedAnother Struggling Homeowner Facing Foreclosure With Option One
 Reader Contributed Can anyone please help. I fell in to foreclosure with option one. it seems that they want you to be in foreclosure. I have tried to workout programs but cannot because they never get back to you. I have set up 3 repayment plans and the payment is double the current mortgage and [...]
29Nov2007 | Moe Bedard | 1 comment | ContinuedPredatory Servicing and “Questionable” Fees – Countrywide Named in Foreclosure Probe
By Moe How would you like to be charged $20,000 when in fact you owe $2,000? Doesn’t sound like too great of a billing and accounting system. In fact it sounds down right fraudulent and predatory. Welcome to the new unfortunate fleecing of the homeowner that is infiltrating our court systems and robbing unsuspecting borrowers [...]
29Nov2007 | Moe Bedard | 4 comments | ContinuedForeclosure Stories: 67 Year Old Man May Lose His Home to Foreclosure Because of Predatory Lending
IamFacingforeclsoure.com will be chronicling stories of homeowners that are facing foreclosure in order to publicize the travesties that people are suffering as a result of toxic loans and predatory lenders.
If you would like your story published on this website, then please visit our sister website at www.LoanSafe.org(Homeowners Forum) and register as member to share your story with other homeowners and we will do our best to assist you in any way we can.
This is a letter from a man that Moe met 4 months ago. Mr. Don Bullis contacted Moe because he needed help to stop foreclosure on his home. After speaking with Donald, Moe realized that he was definitely the victim of predatory lending and needed an attorney right away.
24Nov2007 | Moe Bedard | 7 comments | ContinuedForeclosure Scams Becoming a Big Problem Nation Wide
Where there is money to be made, you will find the predators, salivating at a new opportunity to take people’s money and run. Welcome to the homeowner loss mitigation business where the sharks are having a feeding frenzy on already wounded homeowners. The Better Business Bureau has recently reported that they have received complaints from [...]
19Nov2007 | Moe Bedard | 1 comment | ContinuedTrue Sale, False Securitizations
by Aaron Krowne and Moe Bedard A story we broke this past Tuesday in regards to the Ohio Federal Court Deutsche Bank ruling has been getting a tremendous amount of attention, and probably rightfully so. It wasn’t long after we posted it here that dozens of bloggers and forums were circulating the news around cyberspace. [...]
16Nov2007 | admin | 10 comments | Continued
