“Squatter Nation”
The phrase “squatter nation” seems to be catching on in articles about real estate issues.
Today it is featured (again) not surprisingly in a CNN story by Lee Christie. A headline in the story “False Hopes for Mortgage Market” says “Squatter Nation: 5 years with no mortgage payments.”
Nothing in the story supports the headline that this is indicative of the national experience – that it takes 5 years of non-payments to foreclose.
Most homeowners do not fight the foreclosure. Shame, frustration and lack of funds keep them from appearing in court with an attorney. Most homeowners in foreclosure walk away.
And labeling homeowners who fight foreclose as “squatters” is also misleading.
Squatter is defined as: An individual who settles on the land of another person without any legal authority to do so, or without acquiring a legal title.
In the CNN story, “squatter” is synonymous with “homeowners in foreclosure.” CNN is not talking about people who break into
abandoned homes and live there until detected – CNN is talking about homeowners in foreclosure.
Until a judgment of foreclosure is entered, homeowners have every legal right to stay in their homes.
Maybe Lee Christie is talking about the moral right to stay – as opposed to the legal. Lee Christie may be one of those voices that says to homeowners,
“Do the right thing and move on.”
Is it really morally superior to leave one more abandoned property in the neighborhood that will be sold for 40% of the debt – when the homeowner would pay 70% of the debt.
Why is abandonment morally superior to struggling to stay on?
And then there is Realty Trac’s CEO James Saccacio clucking about the “paperwork issues” slowing down foreclosures:
“We estimate that as many as 1 million foreclosures that should have taken place in 2011 will now happen in 2012, or perhaps even later.”
What is a “paperwork issue” to Saccacio, is evidence of ownership to homeowners and to many judges.
“Squatters with paperwork complaints” are easy to discredit – but many more courts are now seeing these “squatters” as homeowners with every legal right to stay in their homes.
Lynn Szymoniak
~
PERSONALLY, I BELIEVE THE MOST NONCHALANT, PITIFUL COURT SYSTEM SO HAPPENS TO BE THE COURTS OF HAMILTON COUNTY OHIO. SEEM LIKE THE JUDGES IS JUST HANDING BANKS SUCH AS OCWEN LENDING, AND DEUTSCHE BANK OUR HOMES ON A PLATTER. ACTUALLY, THE IN ALLDUE HONESTY NEED TO LAUNCH AN INVESTIGATION WITHIN THE JUDICIAL SYSTEM AND ELIMINATE THE JUDGES THAT SIMPLY HAS TO HAVE SOME INVOLVEMENT IN THE WHITE COLLAR CRIME. I MEAN ANY TIME A DOCUMENT OPENLY DISPLAYS FRAUD, SHOWS THAT SOMEBODY ADRESS HAS BEEN WHITED OUT AND REPLACE WITH YOURS, AND YOUR BEING EVICTED. YOU TELL ME THAT WASN’T A SHAME BEFORE THE COURTS. ” A FRAUD FORECLOSRE!
UNFORTUNATELY, IT SEEMS LIKE HOMEOWNERS IN HAMILTON COUNTY OHIO DON’T KNOW TO WHOM TO FEAR THE WORST, OUR NONCARING JUDICIAL TEAM, OR THE BANKS. ACTUALLY, I THINK PERSONALLY OUR COURTS NEED TO BE INVESTIGATED THAT THEY UNLIKE A MANY COURTS, AND JUDGES NATIONWIDE ARE FIGHTING FOR HOMEOWNERS RIGHTS. WHILE IT APPEARS OUR JUDGES ARE HANDING DEUTSCHE BANK NATIONAL, AND OCWEN LENDING OUR HOMES ON A PLATTER. I MEAN OUR CITY JUST CAN NOT BE THAT BROKE., THAT THEY’LL LET THE CITIZENS DOWN. AFTERALL THE DO HAVE AN OBLIGATION TO UPHOLD UNDER THE OHIO CONSTITUTION. YET, LIKE ANYTHING ELSE THERE CORRUPTNESS WON’T BE DISCOVERED UNTIL YEARS TO COME WHEN ONE FAITHFUL JUDGE APPROACH THE BENCH AND BEGAN TO PIONT A FINGER. THE THAT TOO A BE JUSTIFIED TO COVER UP
THE FACT THAT PEOPLE BECOMING HOMELESS FOR UNJUST REASON MAY JUST BE ONE MAIN FACTOR TO THE CRIME RATE INCREASING !
IT HAS BEEN WELL ESTABLISHED THAT HOMEOWNERS IN HAMILTON COUNTY OHIO IS BOTH PREYED ON BY THE LENDERS AND THE COURTS TO WHOM NEED TO STAND UP FOR THE HOMEOWNERS RIGHTS LIKE THE OTHER JUDGES IN OHIO THAT’S TIRED OF BANKS SUCH AS OCWEN LENDING, AND DUETSCHE BANK, TO WHOM IV LOST A WHOLE LOT OF SLEEP TRYING TO DO THE JUDGES JOB IN OUR COUNTY WHO SEEM TO BE JUST HANDING THE SAID BANK OUR PROPERTY ON A PLATTER. YET, I WILL NOT REST UNTIL I BREAK THE ICE. I’M ALMOST THERE EVEN THAT THEY’V UNJUSTLY STOLE OUR PROPERTY ITS LIKE EVERDAY I DISCOVER SOMETHING MUCH MORE AMAZING ABOUT THE TWO
BANKS, INWHICH I’M COMING TO THE CONCLUSION REALLY IS ONE CORRUPT BANK WEARING A MANY FACADES!
I stood before Judge Judy Leubbers in the courts of Hamilton County Ohio, and with the funds in my hands in the court, the amount Citi said was owed to pay off the loan, and Judge Leubbers foreclosed because I refused to sign an agreement where I was forced to give up my privelages. THE FULL AMOUNT TO PAY THE HO– USE OFF and the judge foreclosed because I wouldn’t sign an onerous agreement!!!
Man cannot fix, nor will not fix this mess, as long as evil selfish men are in charge of it. Evil men will only destroy the good hard working men and women of this world again and again, to satisfy their own selfish desires. The only thing that will fix this mess is the judgment of god! It’s a pity no one believes in him, nor prays to him anymore!
In 1774 our founding Fathers called for a national day of prayer and fasting during the time of their crisis. Perhaps we should do the same!
just saw my home of 12 yrs., is selling for 174 zillows for 150, is part of fanny mae low income program, gaurenteed no down, low interest first time buyer, was refused any assistance, locked out 3 days prior to notice, sent back to newer residence pending short sale; now 2 yrs and 6 mo later still pending short sale; set up to lose all properties, surgery, loss of income, major fall, loss of income, back to work, loss of job, illegal but who cares, surgery, temp, disability, ssd, whoppee, thank god old enough to qualify for social security, losing everything that I worked for. oops………….well as luck would have it……….light at the end of the tunnel?oops…fall once again……..major damage,,,,,,,,,,,,must have been a train wreck ahead, hit it head on. thank god for doctors and good surgeons………..just maybe will overcome this, financial independence is another subject, banks refuse to assist; for you younger persons think twice before planning for a rainy day, major issues just won’t survive’ don’t kill yourselves working so hard for something so easily taken away.
SCREW CNN.
NOBODY CARES WHAT ANY OF THE NETWORKS THINK.
THEY ARE OWNED AND OPERATED BY THE VAST CRIMINAL ENTERPRISE THAT ROBBED AMERICA IN THE MORTGAGE FRAUD PONZI SCHEME.
THEY ARE ALL IN ON THE COVER-UP, EXCEPT FOR ELLIOT SPITZER WHO THEY CANNED BECA– USE HE IS THE ONLY ONE WITH CAHONES AND I DONT REALLY GIVE A DAMN ABOUT HIS PRIVATE LIFE, HE DID NOT ROB ME OF ANYTHING OR COMMIT MASSIVE SECURITIES FRAUD IN MY NAME..
THE NETWORK OWNERS ON WALL STREET, THE MORTGAGE FRAUD PONZI SCHEME CRIMINALS, COMMITTED MASSIVE SECURITIES FRAUD IN OUR NAMES AND THAT IS THE BOTTOM LINE.
THEIR OWNERS,ON WALL STREET ARE THE LOWLIFES, STEALING HOMES THEY DONT OWN THE LOAN TO AND TRYING TO COVER THAT UP BY USING PROXIES TO FRAUDCLOSE..
THE PONZI SCHEMERS SHOULD RESCIND THE UNSECURED LOANS, GRANT US CLEAR TITLE AND GIVE BACK THE PROPERTY THEY HAVE ALREADY STOLEN PLUS MONETARY RESTITUTION FOR PAIN AND SUFFERING AND VARIOUS OTHER ILLS.
CNBC REPORTED, WALL STREET MADE 60 TRILLION DOLLARS OFF OF MORTGAGE DERIVATIVES ALONE IN 1999.
WALL STREET CAN AFFORD TO FIX THIS MESS THEY CREATED IN SPADES.
MAKE WALL STREET AND THEIR COHORTS RESCIND AND PAY FOR THEIR CRIMES..
THEIR INVESTORS MADE BANK OFF OF THE FRAUD AND I DON’T FEEL SORRY FOR THEM NOW THAT THE GRAVY TRAIN HAS LEFT THE STATION. THE FOREIGN INVESTORS KNEW THEY WERE GAMBLING AND COULD LOSE. PLS ARE RISKIER INVESTMENTS BUT THEY BRING HIGHER YIELDS. THE FOREIGNER INVESTORS IN MOST CASES GOT MADE WHOLE VIA THE BAILOUTS AND QE1 AND 2.
This all boils down to one thing, we are fighting against a system that was set up by few of a rich elite and the armys behind them the banks. First of all we can’t fight them head to head. We have to take away the powers that the banks gave themselves. We are not fighting for a free home, we are fighting for the consitiutional rights of all peoples of this great land that the government is selling to the highest bidder, by all the corrupt judges and lawyers that feed off of the criminal elite that pays their salery and promises of a handsom retirement for their good work. What we don’t quite understand is how these banks and servicers are getting away with so much fraud.
The exact science behind the elite is one of deception. Make the people look the other way, while the deals are being switched. People with moral values are always giving the benifit of the doubt, and make it easy for the banks to run scams on the people. We have to remember most loans are started with table deals by mortgage brokers, who set up the stage for the real actors, and the only one who is comming to the play is the buyer. We are all alone on the stage with our pants down, in front of millions who pay their mortgages on time and see us poor slobs that got lured into a ponzie scheme that had the paperwork all filled in before we walked in the door, and all that was needed was a signature to fill in the scape goats name to hang for it, as a patsy.
They had no intention to give a poor slob a chance to own his own home. The main intention was to give a sucker an uneven break. This is why the courts are so adament about giving a free home to the real owners, because if the judge can order a foreclosure, then the banks can sell the homes that were already paid for by the tax payers, when they were bailed out by the government, and should not be given to any bank or lender, as these big bank loans were signed under extreme duress and a dream that was started 200 years ago by our forefathers. Then England was unhappy with the way our revoloution turned out, and pushed the money bank system into the government, that gave them the power to print money against the law. The laws and rules our forefathers had installed was railroaded by new laws, of the government to coin the currency, and gave it over to England on a platter. This is how the federal reserve was secretly signed in to law. This is a private entity, having no ties to our government whatsoever, and had used federal as their name to convince the poorly educated people of the time that it was for the good of the people, and abolished the gold standard. Taking the gold from the legal owners the first time in centuries. We are not squatters, when we have a deed in our name, and have that deed as real material proof. And when the lenders came into the picture they made us sign an illegal document stating that they now own us.
When at any time did you ever see any legal currency change hands? Oh you are saying what about the check made out in your behalf? Well there is an explaination for that, see that check is nothing more then a piece of paper like an IOU made out from the very same bank that claimes your property. Let’s just say, what if the bank cancelled the check 9 days after the closing? What would happen?
Well let’s just look at it this way, the bank that received the check is going to see the bank that gave the check as itself and just disregard it as a debt. But then we the borrower have that pasky little NOTE that says we owe the bank thousands of dollars, and if you don’t pay up, they come and foreclose on your home. Then they cry to the government that they will go broke because you were a deadbeat, and the government goes right along and feels sorry for the too big to fail bank, and pays off your government backed mortgage, making it free and clear title to the owner, which is you, but the system wont see it that way, because we were set up to fail and made it possible to sell those promisary NOTES we signed several times to investers that bought pooled packages, as collateral for their ponzie scheme, by using MERs as a goast assigner, for the profit of the banks, created by the banks for no other reason but a springboard for fraud, and trying to make it a legal entity. Now you are in front of the judge that is going to give you a fair hearing, (like that’s going to happen) and also is a victom in this scheme. You ask how is the judge a victom? Well let’s look at the retirement funds the judge and most of the government and state workers have. They have a pooled investment retirement fund, and know full well that if they stop the too big to fail banks from completeing their ponzi scheme, their retirement funds wont be their to retire on. Even the courts are betting against you, for their own survival and that of all the county workers, so they all collude against anything that rocks the boat.
All this is being done behind our backs and the lawyers and courts wont tell you about this grand design.
So now you have some education from an eigth grade dropout who by the way got his GED at age 47 without any study, and has been self educated for years, because the system was set up for us to fail.
Education that we receive by another man or woman can only show you where to start, but when you self educate you advance way above the elite because they go by the teachings of the past corrupt to teach them. But they are starting to see their errors, as us poor slobs can clearly see the man behind the curtain, and that bothers them, to no end. They stay awake everynight thinking about all the poor dumb slobs, that are figureing out ways to bring them down, and are trying to think of ways to counter attack their schemes, and those other poor slobs that call you a deadbeat are actually your neighbors that bought into the same ponzi scheme as the investers, because they are teachers and government workers in the same pool of securitized loans, that the banks created to defraud all of us.
Only difference is your neighbor was just like you, and fell for the get rich quick scheme too.
They were told that you have to work hard for 30 years, and can retire very rich with a great retirement investment with high returns, but they did not tell them, they were buying empty boxes that the banks sold to them. But to this day, instead of going after the real conspirators, the banks and the Fed, they were told it is the poor slobs that could not afford a home of their own that did not pay their mortgage.
Yes I did not pay, and yes I did promise to pay back a loan, but what you don’t see is, I have gotten smart before the mortgage collapse and started to question all the irregularities in my documents, and realized I was being taken by this so called lender that turned down my application, but then turned around and used their other front operation to seem to fund the loan, then go out of business right after, making MERs the new assigner, but they could noit be any part of any transaction, and I refused to pay into this fraud. I have been taken by every bank in my town, with false fees they make up to drain your account, so I don’t have any accounts or loans to bind me to this slave market they created, with phony counterfit money exchange. I chose not to pay, therefor I can not be victom of fraud. I choose not to be part of this sociaty at all. It is nothing more then greedy people trying to get rich off of the backs of the poor, and when the poor have nothing more to take, where will it leave them? Certainly not rich from my stupidity of credit scams. Fool me once, shame on me, fool me twice shame on you.
Sorry about the spelling I forgot to correct before I sent, and they don’t give you a chance to correct after.
By the way, go to the clip “Mad as Hell” you’ll get the idea, it was made back years ago before any of this garbage started. Could not be said any more simple.
Let’s see, CNN is owned by whom? Its got to be a bankster. Wasn’t one of the Goebbels rules of propaganda that if you repeat something often enough the unwashed masses will begin to believe it?
The bankster’s meme of the deadbeat borrower was starting to fall apart after all the robo-signing and clouded title issues came to light, so they had to spin a new one.
YEAH, LIKE THE PHRASE “THE NEW NORMAL.” WHEN THEY ARE OUT OF BUSINESS AND JOBS BECA– USE NO ONE IS WATCHING THEM AND BELIEVING THEIR LIES ANYMORE, I WANT TO ASK THEM HOW DO THEY LIKE THE NEW NORMAL?
Follow the money, All the Media is owned by the elite in England. All of the big markets and industries are owned by England. Check it for yourself, Westinghouse,Walmart, Sears, Disney, and just about all of the large corporations in America is forign owned along with the banks, and just look at the family line of the Federal reserve, Yep you guessed it…….England. If the get enough of us they will have us kissing the Queens ring.
Oh by the way, look at all the fuss they created with Diana, and now that other Royal wedding……… you are all being prepped to bow down to your Queen, without even knowing that you already are owned.
We have a jury system that can hear and decide what and who is right in disputes of whatever kind.
Lets take both sides to a 12 person Americans jury, present our cases and arguments and do what the jury says.
Then it would be over and all this arguing would stop and you would either move away or you would stay and they would stop bothering you. Really very simple.
For some reason we the people are willing and ready to do that but the big banks and mortgage holders do all they can to not do it
The question is : WHY???
The Servicers attempting to strongarm a property are the one’s with the moral issue. I know Theft is in the 10 commandments. Fighting the good fight, and standing up for your rights is the moral thing to do. The media, and banks , servicers etc are the ones using shame to allow the theft in the first place.
Fight the good fight. CHALLENGE everything. They dont have it, and can only create it to appear to be in the right.
Good luck to all.
Be well.
Realty Trac’s CEO James Saccacio is a fool.