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September 2010
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Archive for the bank bail out Category

One of Thousands of Sad Stories about Dealing with Wells Fargo

I have been getting many notes from many people who try to deal with Wells Fargo in good faith, and wind up with the short end of the stick, putting it lightly. Got this one yesterday.


4. Message:

   ‘Wells Fargo Home Mortgage stole our home from us.  They are guilty of fraud.  We are now facing homelessness as we had our only investment taken.  They held us for almost two years in limbo, telling us they would get us in a modified loan due to an unecpected layoff of my husband.  The day of the auction they called and said they were working on getting it postponed.  It was a set up from the beginning.  Our house had a ton of equity because of our own blood, sweat and tears.  It was our life saving.  We are financially ruined because we tried to play their game and do as they say, sending one document after another for a year and a half.  They are liars, theives and scoundrels.  What can we do?  Where can we live now?  Please tell us.  There must be someone who can hold this devil/bank accountable.  Where’s the 25 billion they took in tarp funds?  So sad, so angry. ‘

 

If you have been working with Wells Fargo and need help, use the contact page on the left.

The NY Times is Getting it? Maybe.

GRETCHEN MORGENSON article about the implications of the landmark case against Mortgage Electronic Registration Services (aka MERS) in the NY Times is hopefully getting the attention of their readers.   As GRETCHEN MORGENSON suggests the implications are great and potentially beneficial to homeowners facing foreclosure.   I do not want to go to far suggesting that the NY Times is finally getting on board with all the fraud and corruption going on in the banking and mortgage industries.  but it is a good sign that the went with this story.  Neil Garfield also published on his site Living Lies.

Bail Out bank who got TARP funds?

Imagine that you home was foreclosed on and then they destroyed it! Why would a bail out bank who got millions and millions to help families keep their homes destroy a perfectly good brand new one? This and many other questions should be asked and published. Deo Vindice mortgage redemption process is the best way to learn and educate ourselves on keeping and saving ones families home. Bank bail outs and loan modifications are a sham at best.

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