Monday, November 16, 2020

Sunday, April 14, 2013

Foreclosure Settlements for millions of americans could be as little as 1,000 dollars!

The millions of foreclosure victims may get on average 1,000 dollars each! lol, here is the link if you can stomach reading it.    

Here is the title of the news story in case it becomes unavailable, Us Victims Of Faulty Forelosures See Compensation At Last.

The total foreclosure settlement amount fund of around 3.6 billion dollars is LESS than what credit card companies charge their customers in interest every two weeks! 

You are viewing UnFair Foreclosures blog. Please check out Parallel Foreclosure blog and Swarm the Banks blog as well.

Monday, February 13, 2012

Unfair Foreclosures many times start with unfair forced insurance coverage.

If you place less than a 20% down payment on you home, you could be forced to buy PMI insurance, (private mortgage insurance). Not only does the PMI monthly premium cost add an extra cost to your monthly mortgage payment, if you get into a car accident, even if you are not at fault, and miss work as a result and fall behind on your mortgage, the bank can file a claim against your PMI! 

Once the bank files a claim against your PMI, they can refuse any future mortgage payments from you, and then foreclose on your home. Like they did to this family.

Tuesday, February 7, 2012

3 years into Obama's first term and NO CHANGE in the foreclosure rate.

The solution to lowering foreclosures was simple. Calculate a homeowners monthly overhead based on a 4% mortgage rate and all of their credit card debt at 9.99%. If those two interest rates put a homeowner into the black, and they agree to NOT run up more credit card debt, then they get those two interest rates.


That's all that had to be done, and Obama refused to do it, making him a fraud and those in the media who chose Obama over Hillary Clinton, it's on your head and I hope one day you get yours, you certainly deserve it.


Instead, the foreclosure rate has not changed during Obama's term, and ironically, interest rates are heading downwards anyways.


You are viewing UnFair Foreclosures blog. Please check out Parallel Foreclosure blog and Swarm the Banks blog as well.

Wednesday, January 11, 2012

Here is an example of a Foreclosure Concern Troll response left in the comments section of a San Francisco Weekly Foreclosure story.

Here is a classic example of a Subprime Mortgage Foreclosure Concern Troll comment from the comments section of a Foreclosure article in the San Francisco Weekly. See if you can spot the bullshit.  


"I bought a house with a interest only ARM, There was no bait and switch. I knew exactly what I was getting into. I read the paperwork, I knew the risks. Is it partially the banks fault....for sure.
 They know the risks for the people taking out the loans and shame on them for creating such products as interest only ARMs and the like. But shame on the people taking out the loans for not understanding what they were getting into.  
I was fortunate enough to sell my home before it lost value and before I started paying the principal. I had I stayed in that area longer, I would have been screwed. It would have been my own fault for putting myself in the situation.  Live and learn and I won't by another home until I can put a good amount down and get a standard loan. 
Further, I have no animosity towards my neighbor. I'm just tired of people not taking responsibility for their own actions. I got a degree in Sanskrit and I can't find a job.....someone else's fault.  I had to compete with the Jones' and max out my credit cards, took out a home loan I couldn't afford and lived outside of my means.........not my fault. Its the American way. Which of course detracts from those who REALLY are in need."
In case you did not spot the concern troll bullshit, it basically comes down to this, "It's me, not the banks, the bankers, or wall street that did wrong". And the comment was left by "anonymouse" (yes, spelled with the word mouse.

I suggest studying the tone of the concern troll method, Barack Obama's side used concern troll tactics in 2008 to try and quell Hillary Clinton supporters.

You are viewing UnFair Foreclosures blog. Please check out Parallel Foreclosure blog and Swarm the Banks blog as well.

Monday, December 12, 2011

Don't try this at home, Man bulldozes his own home that was being taken as collateral.

I don't recommend this, but it makes one wonder why banks don't actually negotiate, they seem more interested in taking. I bet it was Chase Bank doing the taking.




You are viewing UnFair Foreclosures blog. Please check out Parallel Foreclosure blog and Swarm the Banks blog as well.

Thursday, December 1, 2011

Consumerist Reports "Chase decides not to evict 103 year old woman after deputies and movers refuse to help.

Consumerist Reports "Chase decides not to evict 103 year old woman after deputies and movers refuse to help".  Maybe Chase Bank should take some of their empty apartment properties and start moving all the people they foreclose into them. 


I don't even know if I am writing that with sarcasm, snark, anger, frustration, or incredulousness because Chase Bank tenements would actually be more humane than what they are presently doing.  


Shame on Chase Bank.


Remember, Justifiable Debt Restructure could really throttle the banks and possibly save main street at the same time.



You are viewing UnFair Foreclosures blog. Please check out Parallel Foreclosure blog and Swarm the Banks blog as well.

Wednesday, September 7, 2011