Every state is different to some degree, which is why you can't take this post to court with you and assume that you have the right legal information. Checking local laws, rules and practices is essential in any foreclosure defense, defense of eviction or making claims against the lenders, mortgage brokers and other parties before or after the sale. Many…[...]
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SUING THE LENDER, MORTGAGE BROKER ET AL AFTER FORECLOSURE AND SALE When it is all over and you have been evicted from your dream home, most people drop the matter and move on, being too distracted by their monetary problems to look back at the painful disaster. What you should know, however, is that violations of Truth in Lending, fraud…[...]
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Theoretically it is possible for any lender in a foreclosure to pursue what is called a "deficiency Judgment." This is the amount they lost after selling the property to a third party. The amount they "lost" includes all their interest, penalties, legal fees, court costs, and other out of pocket expenses. Most mortgage lenders do not seek or obtain deficiency…[...]
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I WANT YOUR STORIES!!! HERE IS WHAT I JUST RECEIVED FROM A LAWYER I KNOW --- This one who I have been corresponding with sent me an e-mail describing the events of her "closing" where she was told by the Countrywide loan officer that her dad's life estate did not need to go on the mortgage, and the "closing" took…[...]
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If nothing else this story demonstrates the literal death grip at the throats of you and your relatives. If you or someone you know uses oxygen, they do so to stay alive. But the decision on what to offer, how to offer it, and how much it will cost is left in the hands of small and large "entrepreneuers" who…[...]
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The "Simple" answer is YOU have to stop the trustee and lender(s) from acting illegally. They are counting on the idea that you won't be persistent or clever enough to game the system against them the way they are doing to you. You don't have to be very clever. But you DO need to be persistent and not give up…[...]
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Thomas Friedman, in Michael Moore -like frankness, doesn't make a case, create a sound bite, or try to get elected. Here he simply tells the facts. If all Americans could compare Berlin’s luxurious central train station today with the grimy, decrepit Penn Station in New York City, they would swear we were the ones who lost World War II. People…[...]
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THE PROBLEM WITH AMERICAN HEALTHCARE AN UNAVOIDABLE TRUTH --- IT DOESN’T WORK When Marianne Falacienski’s husband started a new job, the family could not afford the health plan. Ms. Falacienski, 32, found individual coverage only for him and their daughter, Gabrielle. WHY OBAMA HAS THE RIGHT APPROACH: INCREMENTAL STEPS TO ELIMINATING MIDDLEMEN WHO ADD COST BUT NO VALUE THE REASON…[...]
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We are working hard at getting this more organized, but at the moment, the answers to several questions you have are in the postings here going back a couple of months. Here is a fact you can "bank" on: most lawyers, accountants and loss mitigators don't have a clue how to give you the upper hand in these conflicts. Here…[...]
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For all the talk about how similar they are, the differences have largely been overlooked. The main difference I see is that Obama has a broader understanding of macroeconomics --- which means that he understands that if you push here then something else pops up there. He understands nuance and complexity in a highly ambiguous world. Once you get past…[...]
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