Archive for 'Modification' Category
Oct 18, 2012

There are tons of ways of tripping the Banks in their pursuit of free houses through “foreclosure.” one of those ways is through challenging the rejection of the borrower’s proposal for modification. When it comes to U.S. Bank virtually nothing they say is true. When a bank says it fulfilled its obligation under HAMP to […]

Sep 19, 2012

Another Small Fry Thrown Under the Bus Editor’s Comment: It is a familiar playbook in drug enforcement, police corruption, and now corruption arising out of the millions of faked, fraudulent Foreclosures — find a guy low down in the chain and throw him under the bus. This guy was making millions on False Inspections. But […]

Jul 8, 2012

The Barclay Libor rigging scandal is apparently the straw that broke the Camel’s back in Great Britain. With various investigations of their co-conspirators in artificially creating moments in interest rates, the scam is unraveling. And in the balance, lies between $500 and $600 TRILLION dollars. How could that much money be effected when all the […]

Jul 8, 2012

Highly placed sources in high positions inform me that articles about Iceland are now starting to bother the arrogant banksters who started this mess. One such article is by Sarah Lyall in Sunday’s New York Times. In a world drowning in fake debt, criminal behavior, and unnecessary Foreclosures, the one country standing out from the […]

Apr 5, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Beware of those who promise you perfect salvation, especially when they lack the garments and training of clergy. If there was a magic bullet that would end foreclosures or get all the houses back, it would already be done. Hundreds […]

Mar 25, 2012

5 years ago it was obvious to anyone with the facts that the entire system or mortgage origination and mortgage foreclosures had been turned on it’s head, starting with one huge lie: that the value of the property exceeded the amount of the loan. It was in 2005 when 8,000 appraisers warned congress that their […]

Mar 5, 2012

  We here at livinglies call it fraud.  They prefer to call it “dual-tracking”.  The fact is, that homeowners ignorant of the real intent of the banks and servicers went through the charade of seeking Loan modifications and settlements.  Yet they were set up every step of the way, in every way possible.  From bogus […]

Mar 3, 2012

First, let’s talk to the guy that says homeowners shouldn’t get a break because it would be unfair to him. After all he paid his mortgage and he is still paying his mortgage and nobody is helping him, right? Wrong. Everyone who has a mortgage is getting a federal subsidy. They get to pay less […]

Feb 18, 2012

Sometimes you just have to wonder. Nocera has been an excellent, even if somewhat reluctant investigative reporter who brought almost as much daylight as Gretchen Morgenstern. Like others reporting on the mortgage mess, he has not yet attempted to quantify or even describe the financial damages to investors and homeowners, much less the total financial […]

Jan 6, 2012

I have surveyed homeowners regarding Loan Modifications and found that most of them not only would waive title and other deficiencies, but would settle for a principal amount due that is far in excess of what the property is worth, which is far in excess of the proceeds obtained through foreclosure. Yet the entire modification […]