“The Jensen’s blame and entire mess on Chase, saying the bank steered them into mortgage modification plans, misplaced paperwork, misstated income figures, and told them–repeatedly, say father and son–not to make any mortgage payments because all of the payments would be rolled into the back end of a new modified mortgage.”
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Foreclosure Crisis Strikes World War II Veteran
The foreclosure crisis has claimed an unlikely victim. An 89-year-old South County World War II veteran who led a big band before the war and was a top salesman afterward. His home, full of artifacts ranging from the bed used by his great-grandfather, a Union general in the Civil War, to a powder horn used by an ancestor who fought in the Revolution, has been foreclosed and sold at auction. He now faces eviction.
“This is the wrong thing,” he said, standing in front of a snapping American flag at the home he moved into in 1952. “This is not America. This is not the way things are supposed to be.”
“I don’t know where my dad will go now,” said his son, Jim, a computer consultant who has tried to help his father navigate his way through the mortgage morass. “I grew up in this house. He doesn’t have anything left.”
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Our oldest son is also a victim of the effects of fraudclosure. He was im between his 1st and 1nd deployment when we were victims of an illegal foreclosure and sale of our home. He is not the same person he once was and know we are days away from being homeless because of the financial effects we were victims of. There is nothing more heartbreaking than knowing your son fought for our country and we could not even get justice from a judge when we paid 40,000 and proved the facts of law where ignored. We should of been mortgage free and now can’t afford to pay for an apartment after being a homeowner for 24 years. It is not fair and I am not one to say “whow is me” I am not giving up until justice is served and we get an ethical person to expose our story.
The way I see it, Mr. Jensen fought for this country, and what he got was the so called right for the bank to lie, cheat and steal their way to get his house. Like he said, “This is not America, etc.” How right he is. May God Bless him.
The American people are learning that it is money, not values or what’s right that is banks driving force.
Soon there will be more empty houses than the banks and mortgage companies can sustain.
Folks that are paying their payments now will stop.
I expect to see an ad on TV saying stop making your payments and my company will buy your home in foreclosure and sell it back to you for a $20,000.00 or some amount fee. Why would you do that? Because your home you owe 500,000 on now will sell at foreclosure for 200,000 or less so you will now owe 200,000 plus the 20,000 charge instaed of 500,000.
They have a right to foreclose if you don’t pay, right. You have the right to not pay. It works both ways.
The financial institutions are awakening an American monster. I’m betting on the American people winning.
Come on America, it’s time to catch on to the facts! It is the same every time! The banks say pay now and it will be cozy, hunky dory, then foreclose and deny all! IT IS ALWAYS THE SAME STORY. Remember….. once is happenstance, twice is coincidence, but three times……….. IT IS ENEMY ACTION!!
Another victim of fraud by the scumbag bankers.
Will the prosecutors prosecute or are they too busy looking the other way?
[youtube=http://www.youtube.com/watch?v=G1EXKLVgEx0&fs=1&hl=en_US]