Comments on: Govt’s Loan Mod Program Crippled by Lax Oversight and Deference to Banks

By: acmodspecialists

acmodspecialists — Sat, 29 Jan 2011 08:45:21 +0000

The HAMP prgram should be call the Making Home Delay Foreclosure Program This program was made only to delay foreclosures, while the Banksters Stick you up with Inspection Fees, Interest fees, late Fees and most all the payments you made while you were on a trial period, those payments are not being apply to your mortgage account, nor being return to you either, They keep the money in a suspend account and then when they foreclose they keep all those payments for themselves (they don’t give them to the investor or apply to your mortgage either) at the end ROBING YOU of your money
HAMP= License to rob you!
God Bless America !

By: mymisstake

mymisstake — Fri, 28 Jan 2011 23:19:59 +0000

In reply to Jack.

I doubt you’d get anywhere. Probably their defense would be something like “we did the best we could under the circumstances and directions we had to work with”.

Which would be, of course, like everything else they say A LIE/Fraudulent and Deceptive Statement.

Somewhere in the sweetheart deal they worked out with the Cap Hill boys there must be an escape liability/Get Out of Jail Free Card thrown in as a bonus?

Do I sound cynical? Sorry.

By: mymisstake

mymisstake — Fri, 28 Jan 2011 23:16:00 +0000

I would like some assurance that if/when I were ever able to pay off my mortgage that there would be a legal title to the property waiting for me. Or would I get told may “Surprise, April Fool”.

By: mymisstake

mymisstake — Fri, 28 Jan 2011 23:14:08 +0000

On the tiny little miniscule chance that the servicers didn’t know all this months ago or that they weren’t given the secret sign not to worry because all the threats are just posturing and saber-rattling so we keep the serfs and peasants quiet, it would be a relief wouldn’t it, thanks so much, to tell the servicers who didn’t know “you can rest easy now, we’re harmless, keep on what yer doing messing with the little peoples’ minds”. Yep now its official, all pretenses are off these fat cats who are getting rich from our misfortune can sleep well tonight. Check it out:

“In fact, despite issuing public warnings for more than a year about imposing penalties, the Treasury Department told ProPublica this week they don2019t even have the power to punish servicers for wrongfully denying help to homeowners.”

By: l vent

l vent — Fri, 28 Jan 2011 19:26:14 +0000

In reply to l vent. This is not about or ever was about the people getting a SO CALLED "free house". THE PEOPLE PAID FOR THEIR HOMES AND MORTGAGES FOR A NOMINAL FEE. THE BANKS STRUCK A "SECRET DEAL" WITH HOMEOWNERS to create wealth for themselves and ALL OF THEIR FRIENDS. This is about THE GREED in the UPPER ECHELONS OF WORLD SOCIETY, THE INTENTIONAL ROBBERY OF OUR WEALTH VIA THE INTENTIONAL COLLAPSE OF OUR ECONOMY. This was a truly diabolical and sinister plan of controlling nations and their people by ROBBING A NATION OF THEIR WEALTH and throwing a nation into ECONOMIC CHAOS. They are intentionally using our currency as a DEBT CREATING MACHINE. A fiat currency WITH NOTHING BACKING UP IT'S VALUE which is intentionally CREATING deflation/inflation and destroying our economy and creating more FAKE DEBT. They are trying to create a GLOBAL Weimar Republic. Out and out CLASS WARFARE born of greed by the UPPER CRUST thrust on the masses around the globe.Go to You Tube and search for CNBC ILLUMINATI.

By: l vent

l vent — Fri, 28 Jan 2011 19:00:44 +0000

The Banks know they cannot give a loan modification on a mortgage debt that does not exist nor ever did. THIS IS WHY NO NOTES WERE EVER RECORDED. THE MORTGAGE DEBT NEVER REALLY EXISTED. SOMEONE IS BEING VERY GREEDY HERE AND IT IS NOT THE BANKSTERS. The banks KNOW they sold us our homes for a nominal fee and our mortgages for a nominal fee so they could participate in the gigantic Ponzi Scheme up on Wall Street and use our paid off property as collateral in order to create trillions of dollars in wealth for the top 1% and themseves and then SOMEONE STOLE ALL OF THAT WEALTH. The Banks would be COMMITTING MORE FRAUD IF THEY GAVE US A LOAN MOD ON A NON-EXISTANT MORTGAGE DEBT.THIS IS WHY FRAUDCLOSURE IS CALLED FRAUDCLOSURE. THE BANKS DO NOT OWN THE PROPERTY AND THERE IS NO MORTGAGE DEBT The banks gave HOMEOWNER’S A FREE HO– USE SO THEY COULD CREATE TRILLIONS IN WEALTH OFF OF OUR COLLATERAL. This is why nothing is recorded properly. The banks CUT A “SECRET DEAL” WITH HOMEOWNERS and now SOMEONE IS JUST BEING GREEDY. Come on Washington, you know this is true. Stop kicking the can down the road. The people know this is THE TRUTH. SOMEONE IS FORCING THE BANKS TO COMMIT FRAUD AND STEAL FROM THE PEOPLE.

By: Jack

Jack — Fri, 28 Jan 2011 16:02:59 +0000

if the government cannot or is unwilling to sue the servicers can the homeowner? It seems to me that if a homeowner enters into the HAMP program and the servicer violates the terms of the HAMP program, then that is a breach of contract and would also be fraud if they did it intentionally.