This piece from Truth About Mortgage pretty well says it all - if you read it all the way to the final few lines…
No significant change in conditions? Really? Not sure if that is a euphamism for “We have not fixed anything yet” or a bold denial of “We know we are only making [...]
We’ve been saying for a while that Indy/ One West has been nothing but trouble for people dealing with them on short sales and loan modifications…
Pretty much they make it impossible for borrowers to deal with - whether it’s cash up front demands for ‘consideration’ of a permanant loan modificaitons to short sale deals which [...]
Continue reading about Trouble with Your Indy/ One West Loan Modification or Short Sale?
In what may be the most blatant and stunning discovery to date in the mortgage fraud game, actual public records with the words “BOGUS ASSIGNEE” and “BOGUS ASMTS” as the GRANTEE in the records themselves have been found in cases in AL and FL that have been used in actual foreclosure proceedings resulting in people [...]
Michael Hudson Interview on Guns and Butter will open your eyes to what is really going on in the financial credit bubble crisis. Understanding the true government plan for economics in the US.
This audio archive will be available until Wednesday, September 9th 2009
Guns and Butter - Dress Rehearsal For Debt Peonage
“Dress Rehearsal For Debt [...]
When does pretend and extend come to an end?
When we say the reason banks and servicing companies are not processing short sales, loan modifications or trustee sales on foreclosure properties is because they cannot do so without exposing their mark to fantasy numbers, we are not alone. We observe the collapse of these transactions, including [...]
William Black is a former investigator of the “S & L Debacle” - somone who was responsible for the successful prosecution of financial crimes.
Learn from Mr. Black what a Control Fraud is and how the S & L scandal compares to what is going on in today’s mortgage fraud melt down…
Take a look at [...]
