Washington Post Wants to Know – What Impact has Foreclosure had on YOU and YOUR Family?

Here is your chance to let it all out…

This is a public forum so be conscience of what you post…

Dont be ashamed, don’t feel belittled, don’t feel like you failed, and most importantly, don’t feel like a “Deadbeat.”

This was not your doing. This was and is the result of the biggest ponzi scheme the world has ever seen. Stand up and fight and make your voices heard!

Follow the link to post your story or just head on over to read about others facing the same perils as you may be…

It is the least you can do to educate others in the same situation…

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LINK – Your Take »  What impact has foreclosure had on you and your family?

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4closureFraud.org

Comments
9 Responses to “Washington Post Wants to Know – What Impact has Foreclosure had on YOU and YOUR Family?”
  1. StuckinSoPa says:

    This mess keeps me up nights. The stupidity of this country is so complete, its beyond pathetic. Just look up the uTube SNL skit: “Don’t buy things you can’t afford.” Don’t assume that you’re payments will stay the same, read the damn contract. Don’t assume that your house will appreciate enough so that you can refi to make the payments, make sure you can make the payments, now! Don’t assume that your job will pay more in the future, but plan on “what if” you don’t have a job at all. Me, 62, owned five homes in my lifetime, lucked out with way below market prices on each, all paid with large down payments, all paid off early, mostly fixer uppers, sold one moved into the next. My one half goes out to anyone being kicked out of their home through no fault of their own, but my other half says “you can’t pay the mortgage, you are outta there!” Is it pleasant (assuming no shenanigans on the bankster’s part, which now is rare I know,) NO, is it fair, YES! You can’t/wont pay your financial obligation, the lender gets back the collateral. Were the banksters all of a sudden conniving, greedy, unscrupulous and crooked, of course not, they always have been, so what else is new. Is the American consumer naive, gullible, greedy and stupid, apparently so. It’s a shame that the average American has to learn this late in life that ALL banks are greedy, and ALL courts are corrupt. Thank you American educational system, your dumbing down of the masses is complete.

  2. sonya brewer says:

    I have the original NOTE endorsed in Blank,” Pay To The Order of __________.”with out recourse, signed by the Senior VP of RBMG. I have a sworn affidavit that states a written assignment of the note was never prepared and the SELLER into the securities stated that they WARRANT AND REPRESENT IT HAS NEVER BEEN SOLD TO ANY OTHER ENTITY.EMC(seller) was to sell the note to Bear Stearns which was the depositor into the Bear Stearns Asset Backed Securities,inc. Asset Backed certificate series 2003-2. Bear Stearns was to sell/ assign the Note to JP MORGAN CHASE as trustee of the Trust. There has been a foreclosure started on the mortgage on March, 3 2009 by The Bank OF New York Mellon as successor trustee for JP MORGAN CHASE who claims to be the owner and holder of the note. By way Of an assignment which was recorded at the ROD on March 19, 2009, 16 days after the LIS-PENDENS , and the summons and complaint . I have a letter dated July 13 2002 from Mers that states the loan has been removed from the MERS system and the MIN# deactivated. Mers had no authority to do an assignment and the assignment was done by a known “robo-signor” and in the Corporate name of RBMG that not only deactivated the MIN # but also removed the loan from MERS. RBMG was also defunct and has been since 2005 when it was aquired by NETBANK and subsequently shut down by the FDIC in 2007. The BANK OF NEW YORK MELLON produced in discovery two allonges the first was from RBMG to EMC and the second was an allonge directly to JP MORGAN CHASE from EMC. First thing is the PSA ( pooling and service agreement) the governing document of the securities describes in detail the percise chain of title it also describes who is the seller ,the depositor ,the master servicer and the trust. Even though the sworn affidavit produced by the successor trustee stated no written assignment was ever prepared, so the allonges was a direct attempt to decieve the investors and knowingly a misrepresentation which is fraud. BEAR STEARNS was the depositor into the securities. First let start with the allonges both are undated and one is not even signed: according to the UCC an allonge is only used when there is NO ROOM ON THE ORIGINAL NOTE FOR ENDORSEMENT and must be firmly attached as to become a part of the note. AN ALLONGE cannot be used to transfer interest and is invalid if there is room on the note for endorsements and is invalid it not attached. A lost note was produced from EMC but not anywhere in the document is there a conveyance, it is not a valid assignment. Here is an excerpt from the PSA;BEAR STEARNS ASSET BACKED SECURITIES, INC., Depositor EMC MORTGAGE CORPORATION, Seller and Servicer WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, Master Servicer and Securities Administrator and JPMORGAN CHASE BANK Trustee
    POOLING AND SERVICING AGREEMENT Dated as of June 1, 2003
    BEAR STEARNS ASSET BACKED SECURITIES TRUST 2003-2 ASSET-BACKED CERTIFICATES, SERIES 2003-2
    (DD) The assignment of Mortgage with respect to a Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.

    Proper perfected chain of title:
    Originator to seller:RBMG to EMC
    seller to depositor: EMC to Bear STEARNS
    depositor to the trust:Bear Stearns to JP Morgan
    trust to successor trustee: Jp Morgan to The Bank of New York Mellon

    • Sonya,

      You can check my website for other documents that have been signed by notaries and lawyers. Also, you can view other Assignment of Mortgages, Notes, Allonges, etc, that others have submitted.

      Please feel free to contribute any documents you may have as those may help others that are fighting so hard to stay in their homes.

      God bless you!

  3. noash says:

    Why bother? Have you noticed how many of the big bank’s lackeys have been commenting?

    “Problem with foreclosure? I say yahoo!” THAT’S the kind of comments being posted. Maybe we should find out who the big banks are paying to write this rap. Almost all of them follow the same theme – if you couldn’t afford a mortgage you shouldn’t have gotten one – loser!

    I trust WAPO as much as the big banks.

    • Ken Hansen says:

      Right on man, WaPo should interview John Dugan up the street and ask him why he helped destroy the housing market. Corporate Media makes me gag, they protect their corporate masters.

  4. bert says:

    Here in California Mers stated they are Nominee for New Century Mortgage in 2008 However new Century Mortgage sold all it loans and then filed BK in 2007. ASC/Wells Fargo stated to the BK court under Penulty of Perjury American Servicing Company Acquired servicing rights
    to my note and deed of trust 6/30/2006 Lie Lie Lie The house was not completed and my deed of trust was not printed until nov-14-2006. Also 6/30/2006 The house was stix in the builder name. They did not file a notice of completion until oct 2006.2009 Wells Fargo Attorney Foreclosure Mills Pite Duncon LLC in San Diego california submitted a proof of claim to the federal bk court in 2009 a OG copy of a note. The 2009 note was certified and had a bar code and a mers min number. However my original loan number was erased you could see the lines. The 2010 motion for relief from automatic stay The note did not have the Mers Min Number and no bar code not evan certified.We also notice they erase the min number and my OG loan number from my Deed Of Trust. This Is a Clear Case Of Fraud On The Courts.PLEASE CONTACT ME I WOULD LIKE MY CASE TO BE IN THE MEDIA AND INVESTIGATED

  5. bert says:

    1. I PURCHASE MY HOME IN NOV 2006
    2. I DID NOT REALIZED THE PREDATORY LOAN UNTIL LATER
    THEY FOR GOT TO CHECK THE BALLOON RIDER BOX
    THE 1ST WAS $800000 AT $5100 FOR TWO YEARS AJUSTABLE
    THE THIRD YEAR IT AJUST TO $7100 A 40 YEAR LOAN
    THAT’S ABOUT $3,362400
    AT THE END OF 40 TEAR AND YEARS I STILL OWE
    $ 550,000 IN ONE LUMP SUM FOR A $800,000 LOAN

    NEW CENTURY STOP TAKING MY PAYMENT
    THEN CAME THIS COMPANY WHO WAS NOT REGISTER
    WITH THE OCC ASC. NO NOTICE FROM NEW CENTURY
    TO PAY THEM. WHEN THE MARKET START GOING DOWN
    I WAS TRYING TO GET A LOAN MOD. THEY TRIED TO GIVE
    ME A SIX MONTH PLAN WERE I PAY 3500 THE 1ST MONTH
    MONTHS 2-5 I PAY $9000 PER MONTH AND MONTH 6TH
    I PAY 120,000. SETTING ME UP TO FAIL

    THE FRAUD BEGAIN
    ON 2/13/2008 ASC FILED NOD C/O NDEX WEST TEXAS
    ON 5/16/08 FILED A BOGUS ASSMNT NOMINEE FOR NEW CENTURY SEC REPORTS NC SOLD ALL ITS LOANS TO NC CAP
    THEN FILED BK APRIL 2007.
    ON 8/17/2009 THE BOGUS SUBSTIUTION WAS FILED BY WELLS FARGO ROBLE SIGNER CHINA BROWN ABOUT 18 MONTHS AFTER THE NOD WAS FILED
    I FILED A COMPLAINT WITH THE STATE OF TEXAS
    NAOMI SCOTT WHO NOTERIZE THE ASSMNT STATED IN HER
    AFFIDAVIS PROVEN TO HER THE THAT STEPHEN PORTER HAD SIGNING AUTHORITY TO SIGN THE ASSMNT
    THE AGREEMENT

    MOTION FOR RELIEF OF STAY
    SUSAN E BOWMAN STATES SHE HAS PERSONAL KNOWLEDGE OF THE MATTER SET FORTH IN THIS DECLARATION.
    SHE STATED ON 6/30/06 ASC ACQUIRED THE SERVICING RIGHT TO THE NOTE AND DEED OF TRUST SUSAN** COME TO
    COURT

    THE BOGUS NOTE

    • bert,

      You can check my website for other documents that have been signed by notaries and lawyers. Also, you can view other Assignment of Mortgages, Notes, Allonges, etc, that others have submitted.

      Please feel free to contribute any documents you may have as those may help others that are fighting so hard to stay in their homes.

      God bless you!

  6. Connie Savage says:

    I welcome the oppoortunity to “sound off” on this whole foreclosure mess! First of all let me say that I am 63 years old and I am by far NOT A DEADBEAT!! I have worked hard since I was 15 and raised a beautiful family, mostly alone. I also have had a 25 year career as an HR Manager and a professional recruiter. I must say that 2009 was the worst year of my life and it s still not getting much better as a result of this financial mess the county and all of the middle class find ourselves in right now. As a recruiter in 2009, I was hit very hard financially. Since the majority of my income was comission based, my income was abruptly cut in half early in 2009 since most of my clients were Fortune 100 companies located in the Miidwest (where I live). Ten years ago, my adult daughter and I “pooled” our resources and jujped into the American Dream and built our house in a nice area in Indianapolis. We had to purchase it at a high interest rate because of an earlier bankruptcy I had to file in relaltion to a divorce situation during which my ex husband literally diappeared.

    Both my daughter and I made a reasonable ncome and even though the payments were a liittle “high”, we felt we could make it wiith the promiise of better employment, salary increases, etc. I also went to work trying to improve my credit score so that I could eventually re-\-finance to a lower interest rate. Early in 2009, my score had gone up to 750 and at last I thought the time was right so I checked into refinancing. I refinced the house fr from at 7.5% rate toa 5.9% interest rate. I was also convinced by my mortgage company to get Xtra money to pay off credit cards anf free up monthly cash flow. They also failed to tell me about something called, PMI insuranc which I had never paid before and which added $100/month to my house payment. Bottom line was I had a lower interest rate and an FHA 30 fixed mortgage, but my monthly house payment was higher than it had been before!! Then the bottom fell out! All of our big accounts stopped hiiring, my income dropped in half, my daughter had her income frozen (no increases) and my house insurance went up. As the full impact of this began to sink in, I felt I MUST do something to protect my house and I knew that making my payment was going to be very difficult. About this time, I began to read all of the “nice” publicity and propaganda put out by the mortgage companiies, i.e. “f you can’t make your payments, let us know, we are here to help you just call us and we can do wonderful things for you!!!” Ha, Ha I believe this lovely message and consequently I contacted my mortgage servicer and told them iet was getting tough out here and in addition there had been layoffs at my company and Ia was very likely to lose my job very soon. Could they help me?? Oh, yes they said, we are sure we can help you.just fill out our forms online and send us every piece of paper you have (so we can lose it) and we recommend that you also call the HOPE line – they are here to help too! So I took the bait and I called HOPE and talked to a very nice counselor and cried for an hour about how hard I had worked for this house and how I wanted to keep it until I died!! He was very sympathetic and proceeded to give me a nice list of places I could save money, like shopping a Walmart for groceries and applying for food stamps, etc. But – no help here on how to lower my mortgage pamennt. So, back to my mortgage company I sent in all of the paperwork they wanted (and probably some they didn’t) and I waited, and waited, and waited. Then I started to call. And I got Customer Servce and I poured my hear out, they said I needed to talk to people in collections, and again I poured my heart out and they said I needed to talk to someone else and once again I told my sad storey and they sent me somewhere else. Guess what? After about an hour on the phone, I iended up back at Customer Service!!! Well, after doing this on several ocassions, I FINALLy got to talk to someone in “Loan Modiification” who promptly told me they did not have my paperwork. So, I sent it again! I started this process in February and at long last in May 2009 after missing about 4 houae paymenets at this point, they tell me they have a “modification agreement”. Yeah! progress at last! Well, I get the paperwork and after a bunch of things I did not fully understand, the bottom line is they lowered my house payment by a whopping $79 a month!!! Wow! So I asked them, ” but what about all of this stuff I keep hearing about the “Obama plan” that could lower my payment to 31% of my income, extend my loan to 40 years and a whole lot of other things that could really make a difference. Well, they said, FHA doesn’t participate in any of this stuff, we have our own plan and this is the best we can do. Of course, this was devastating to us, but I did not know what else to do. After all, $79 is $79! But before Ii signed on the dotted line I asked them what would happen if I totally lost my job which was a very real possibility at this point! They said, Oh, not to worry! We can do another modificatiion agreement! So, I signed on the dotted line! Well, sure enough, a month later I lost my job and at my age, with a few health issues as well, there was no jobs in my field to be had ANYWHERE!!

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