Comments on: DOT, HUD Report | Reforming America’s Housing Finance Market

By: l vent

l vent — Fri, 11 Feb 2011 23:09:51 +0000

Kinda think they might be thinkin there are way to many holes in their pirate ship. The jig is up. They are a ALL a sham and a fraud, FROM TOP TO BOTTOM AND INSIDE OUT AND EVERYPLACE IN BETWEEN. They claim it is “illegal” for us to print money, but not them. The money they print has no more value than the play money inside a Monopoly game. Would my county possibly except a property tax payment in Monoply money? There is no difference in the value of the two. Greenbacks are only legit because they say so not because there is anything of any value that secures it. Everything is a sack of shit and a lie. The U.N. declared that: We are all human capital in Exec order 13037. How sick and nauseating these people are. I believe they would literally gamble on their own mother’s souls if they thought they could make money off of it. National Sovereignty will soon prevail. They are ALL quite frankly, despicable.

By: l vent

l vent — Fri, 11 Feb 2011 21:59:37 +0000

In reply to Kathleen Burt. I read something on wordpress.com that the whole securitization process is an illegal scam too. A MIND GAME they use TO MAKE YOU PAY or make you THINK you will lose your home if you don't pay. I read that securitization really does not exist and that 97% of the debt in this country is really unsecured. It is a mind game scare tactic by the ELITE 1%. It makes sense if we think about the fact that our CURRENCY IS JUST WORTHLESS PAPER ANYWAY, only worth maybe, the paper it is printed on. It is no more that FIAT CURRENCY with no monetary value and they planned it that way so they could BANKRUPT THE ENTIRE PLANET with their MONEY PRINTING MACHINE. EVERYTHING IS A FRAUD AND A GIGANTIC LIE. THEY HAVE NEARLY DESTROYED THE WORLD BY THEIR CONTINUOUS DECEIT SO THEY CAN CONTROL EVERYONE AND EVERYTHING ON THE PLANET WITH THESE LIES.

By: fighting mad, mad as hell

fighting mad, mad as hell — Fri, 11 Feb 2011 21:14:22 +0000

The game is over!
Even a blind man can see all the fraud, deception, outright theft and cheating that is going on!
We refuse to play this stinking game any more!
Enough is enough!
The first thing that should be done is eliminate any connection to selling of the notes, no securitizations, MBS or any other creative use of OUR MORTGAGES.
Until the original borrow pays off that mortgage, no one is allowed to touch it! The same should go for any kind of long term loan that can be bundled and sold AFTER THE DEAL IS MADE!
And make these banksters pay back every county, city and state that was cheated out of recording fees on multiple transfers.
Anything less is a joke, bad joke on the people.
I hate it when they try to play us for stupid, make it sound like a good idea but is really the “HEADS I WIN, TAILS YOU LOSE” SCAM
Yeah, convince me you are doing me a favor!
NOT!
To the Feds I say, save your lipstick and dump the pig!

By: fighting mad, mad as hell

fighting mad, mad as hell — Fri, 11 Feb 2011 20:57:46 +0000

I can see them slapping themselves on the back for this great plan they’ve been working on ever since the shit hit the fan and the world got wind of the scam!
Another plan that will fail in a year or two.
It’s the “Same shit, different day” plan.
Nothing will change, the banks will still be in charge, make the rules, foreclosures are to continue until the last of the homes been milked dry of every dime, they will have the govt blessings and continue to use our homes as their private ATM’S thru securitizations.
If the bankers weren’t playing by the rules in the first place, what makes them think that adding more rules the bankers will ignore is gonna change ANYTHING?
Yes, by all means let the bankers keep right on freely stealing, cheating, scamming the public, by all means! THAT’S THE TICKET TO RECOVERY, YES INDEEDY!
And they are planning on dragging this pretend recovery for years and years.
Maybe they want people to start dragging bank presidents out offices and taking turns beating the crap out of them?
Ghandhi was right!
We now know that peaceful protesting in the street works!

They can slap lipstick on this pig and it will still be a pig!
The original mortgage plan called for no mortgage to be longer than 10 yrs.
Nobody should be a slave to a loan for 30 yrs!
Moving up to a more expensive home with bigger notes is not progress, it’s still slavery to a note.
But the truly insulting part of this new GAME is blaming the homeowners for the meltdown, as though we were in charge of the sleazy underwriting and scams concocted by the bankers!
And then there is the sly reference to making it easier for “THOSE WHO HAVE THE FINANCIAL CAPACITY AND DESIRE TO OWN A HOME.”
SWEET! IF YOU AIN’T GOT THE CASH, TOUGH LUCK FOR YOU!
Next there is the only slightly veiled reference of “WE DON’T MEAN FOR ALLAMERICANS TO OWN A HOME!
Hell no! We must have renters, owning a home will become a reserved gift to the rich.
But they promise to make sure that we can get rental housing that is more affordable.
What’s next? Only landowners can vote!?
What the hell ever happened to the I own my home and I sell it to you at a fair price and you can pay it off in less than 10 yrs.
Or maybe middle income homes shouldn’t be priced in the million dollar bracket in the first place.

By: l vent

l vent — Fri, 11 Feb 2011 20:23:04 +0000

I smell a rat. It’s a cover-up, right in the faces of the AMERICAN PEOPLE who they have been FINANCIALLY RAPED, PILLAGED AND ROBBED BLIND and THEY ARE STILL DOING IT EVERYDAY via the FEDERAL RESERVE, BERNANKE and the rigged NYSE. THEY ARE ALL THE BIGGEST ROBBER BARONS IN the HISTORY of MANKIND. THERE IS NO MAKING NICE. THEY HAVE PRACTICALLY COMPLETELY SOLD OUT AND DESTROYED OUR ENTIRE NATION.. THEY ALL NEED TO GO AWAY PERMANANTLY. DISOLVE OR DISMANTLE THE IMPERIALIST OLIGARCHY OR AMERICA WILL BE NO MORE. They do nothing but LIE and COVER-UP and continue to STEAL from us and the world. THEY ARE EVIL INCARNATE.

By: John R.

John R. — Fri, 11 Feb 2011 20:20:47 +0000

Ok, call me thick headed, but why in the world is the Department of Transportation (DOT) even involved in this mess?

And with highway bridges falling, pot holes in some places the size of my motorhome, and the State of Georgia obviously overrun by uncontrollable “breeding orange barrels”, do we even want them involved?

What, instead of standing around “on site” in groups of 5 they want to hang out in foreclosed houses?

I can see it now… whole neighborhoods… foreclosed houses… porta potties on every 3rd yard!

By: Kathleen Burt

Kathleen Burt — Fri, 11 Feb 2011 20:20:36 +0000

But shouldn’t we also get rid of securitization? It seems to be the major problem behind MERS fraud; unregistered titles, difficulty in establishing chain of title and getting title insurance. Unless these problems are fixed, buyers will continue saying foreclosures and short sales are no bargains, regardless of how low the property drops?.