Much more to come on this one, but for now the foundation of the story…
One Day Late with Mortgage Payment, Gas Station Owner Could Lose Business to Foreclosure
ST. PETERSBURG — Saji Mathew missed the Oct. 12 mortgage payment on the Mobil gas station he co-owns.
On Oct. 13, he took the money to the bank, thinking that would make things right.
He tried to make his November and December payments as well. But each time, BB&T kicked back his money.
Ten months later, Mathew is still trying to pay. In circuit court on Tuesday, he offered BB&T $50,000, the total amount due since October.
BB&T didn’t want the money.
It wants the gas station.
“They won’t take my money,” said Mathew. “I want them to take it. I was one day behind paying the mortgage.”
BB&T’s stance flabbergasted the judge in the case.
“All the people that understand anything about mortgage foreclosures need to know this stuff,” Circuit Judge Amy Williams said in court. “This is the idiocrasy of this stuff. This is why we’re in a worldwide financial crisis because there’s no business sense any more in the foreclosure industry, none. And it blows my mind. Totally blows my mind.”
Check out the rest here…
Cynthia Williams
Executive Vice President
Chief Corporate Communications Officer
e-mail: cynthia.williams@BBandT.com
phone: (336) 733-1478
fax: (336) 733-1476
Oh, and this is from their “Philosophy” under “Integrity”…
“Because we have developed our principles logically, based on reality, we will always act consistently with our principles. Regardless of the short-term benefits, acting inconsistently with our principles is to our long-term detriment. We do not, therefore, believe in compromising our principles in any situation. Principles provide carefully thought-out concepts which will lead to our long-term success and happiness. Violating our principles will always lead to failure. BB&T is an organization of the highest integrity.”
Light ‘em up folks….
~
I applied for a mortgage with BBT. They advertised as not selling their loans (maybe that’s relevant.)
They told me I was approved but never sent me anything in the mail like they were supposed to. It seemed too easy, especially since I had just been turned down for a four thousand dollar line of credit on a CareCredit card.
I told them I wanted to read the terms of the loan prior to the closing (not day of.) They discouraged me. I insisted.
The terms were seemingly a set up for failure. One stipulation was that if I were at all late, for any reason (even if it was not my fault at all) the bank could call in the note immediately.
Another stipulation was that if I were to be involved in any court case, for ANY reason, the bank could call the loan in in full. At the time I was involved in a court case, and how was I supposed to guarantee I could go an additional thirty years without stepping into a courtroom?
They wanted me to wave my rights of notification, amongst other rights.
They wanted limited and special power of attorney.
I told my realtor that I didn’t want to sign. It basically seemed like the bank could come and take my house at will, without even telling me they were doing so (I know this sounds unbelievable. I have this paperwork.)
The realtor said, “The bank doesn’t want your house,” in a don’t-be-silly tone of voice. I said, but still, they can take it. If you’re late with rent you have a three to five day grace period. According to this, home”owners” have less rights than renters. She said “it’s standard.” The lawyer (for the bank) said the bank has to protect itself. I refused to sign. They all, including the seller, said they were going to sue me as I didn’t have a contingency allowing me the right to refuse.
Somehow, that was the most ridiculous thing of all.
I wonder how many people were intimidated into signing paperwork like that.
As if it weren’t bad enough, I was supposed to allow the lender the right to change anything on any of the paperwork without my presence, my notification, or my agreement.
BBT Bank has balls. Too bad they lack brains.
One important thing EVERYONE MUST UNDERSTAND IS…we are absolutely NOT RENTERS….THEY ARE! The entire concept that they lent us any money was all a carefully crafted mind control scheme/scam …all part and parcel to the same MONOLITHIC CONSPIRACY….the attempt to cover up this scam began on 9/11….THE PROOF OF THIS IS IN THE FACT…..THEY DONT HAVE THE NOTES…THE EVIL END GAME PLAN TO THIS MONOLITHIC CONSPIRACY CAN ONLY BE ACCOMPLISHED WHEN GOOD PEOPLE DO AND SAY NOTHING…IT IS IMPERATIVE THAT THE TRUTH GET OUT TO THE MASSES….THIS PLAN WAS INCREDIBLY SNEAKY….BORN OF MASSIVE LIES AND DECEIT WHICH ALLOWED THESE FINANCIAL INSTITUTIONS TO COMMIT…$1.2 QUADRILLION IN DERIVATIVES FRAUD….DONT BELIEVE THE BIG LIES, THE SO CALLED FIXES FOR THE FRAUD….THEYRE ARENT ANY MONETARY OR LEGAL FIXES FOR THIS….THEY MUST RESCIND….CLEAR TITLE BACK TO HOMEOWNERS…AND BUSINESSES OWNERS..AMERICAN CITIZENS…THE U.S TAX PAYERS….WHO FUND EVERYTHING! THROW OUT THE FED…..ISSUE OUR OWN CURRENCY BACKED BY OUR OWN NATURAL RESOURCE REVENUES….OPEN STATE BANKS….THROW THE CRIMINALS IN PRISON….THROW THE TRAITOR POLITICIANS OUT….THOSE ARE THE ONLY CORRECTIONS THAT MUST BE MADE TO SECURE OUR NATIONAL SOVEREIGNTY! GOD BLESS AMERICA! ELIOT SPITZER For PRESIDENT 2012!!!!
Nov01.2011. RE:”..BB&T: One day late with mortgage…”(Owner of St. Petersburg, FL service station is foreclosed upon by BB&T due to one day late payment.).
According to news item from W. Va. Public Broadcasting from 2008, BB&T received just over $3.1 billion in (bailout) funds from the Feds. Forward to today: an AP news release BB&T has purchased Bank Atlantic (of Florida) for $301 million. In the interim, how many home-owned re-finances were closed by BB&T to lower a home-owner’s monthly payment?
Cynthia Williams
Executive Vice President
Chief Corporate Communications Officer
e-mail: cynthia.williams@BBandT.com
phone: (336) 733-1478
fax: (336) 733-1476
Ms. Williams,
I am writing you after reading a story found at http://www.tampabay.com/news/business/realestate/one-day-late-with-mortgage-payment-gas-station-owner-could-lose-business/1184102
I work in Foreclosure Defense (Which we are turning to Offence against the fraud BB&T and the other criminals such as BOA(Bend Over America) and the Scum at JP Morgan Chase.
We take great pride in exposing your criminal acts to include falsified and robo signed documents. We look forward to our efforts leading to the arrest and jailing of these criminals.
Below is the standard Bull $hit all you criminals think we believe. I call it plain Ole Bull$hit.
“Because we have developed our principles logically, based on reality, we will always act consistently with our principles. Regardless of the short-term benefits, acting inconsistently with our principles is to our long-term detriment. We do not, therefore, believe in compromising our principles in any situation. Principles provide carefully thought-out concepts which will lead to our long-term success and happiness. Violating our principles will always lead to failure. BB&T is an organization of the highest integrity.”
To that end, I will be exposing this criminal story and continue my message telling folks to take their deposits out of these scumbag banks.
I hope you find unemployment soon, then perhaps you will lose your pompous and arrogant posture. Remember, your silly title of EVP is really no different than secretary in our eyes.
We plan to expose this criminal act to all the news media across the country and the entire world news.
I look forward to my next case against BB&T.
The Hut Master
“Fight The Good Fight”
Every Minute, Every Day!
Well, the Witch replied…….
From: Kiser, Christa [mailto:CKiser@BBandT.com] On Behalf Of Williams, Cynthia
Sent: Friday, August 05, 2011 12:12 PM
To: The Hut Man
Subject: RE: BB&t
Thank you for your concern about the situation regarding Saji Mathew and the way BB&T handled the foreclosure process. We are pleased to share with you that we were able to resolve the situation in a manner that is satisfactory to Mr. Mathew.
There was much more to the story than was reported, but due to client confidentiality, we were not able to discuss Mr. Mathew’s situation with the media. BB&T (and Colonial bank before us) worked with Mr. Mathew for nearly three years on this and other financial obligations with us. I want to assure you that it is not our policy to foreclose on a property for being one day late on a payment. That is not the way we want to treat our clients.
Again, we regret that the situation occurred and are glad the outcome was positive for Mr. Mathew.
Cynthia A. Williams | Chief Corporate Communications Officer | Brand & Communications Strategy
_____________________________________________________________________________
BB&T “Best Bank in Town since 1872”
2400 Reynolda Road, Winston-Salem, NC 27106-4606
Tel: 336-733-1478 | Fax: 336-733-0650
Email: Cynthia.Williams@BBandT.com | Mail code: 001-94-02-20
**************************************************************************
Confidential: Please be advised that the information contained in this E-mail message, including all attached documents and files, may be BB&T proprietary and non-public information and may be subject to protection under the law. The message is intended only for the use of the individual or entity addressed. If you are not the intended recipient, you are notified that any use, distribution or copying of the message is strictly prohibited. If you received this message in error, please contact me immediately by replying to this E-mail and delete the material from any computer. Thank you.
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“Fight The Good Fight”
Every Minute, Every Day!
Check out this video about how First Midwest Bank is screwing with minority homeowners…
http://www.wgntv.com/news/wgntv-protestors-accuse-first-midwest-bank-of bias-aug.04,0,1399525.story
I will try to post this ling again:
http://www.wgntv.com/news/wgntv-protestors-accuse-first-midwest-bank-of-bias-aug.04,0,1399525.story
The link is not working but you can find the story at WGN.com. First Midwest Bank apparently pulled the credit line of a developer in a subdivision in which it sold the homes in that subdivision to minorities…First Midwest Bank wants to foreclose on the developer which they partially funded and the subdivision has never been completed.. The homeowners are outraged and protested against First Midwest Bank today for this action.
This should frost your hair!
http://foolscrow.wordpress.com/2011/07/21/beware-the-risen-people-part-1-of-3-global-banking-–-a-criminal-syndicate-of-tyrants-and-thieves/
I don’t know Shelley I am pretty well frosted. Next thing is all of my hair will fall out..
Bryzezinski and all of his NEW WORLD ORDER MINIONS are a giant festering boil on the ass of humanity
Thanks Shelley, Foolscrow was………and is a HOLY man!
Is this anything new? They are in the foreclosure business, not the lending business. They dont even lend any money. AT ALL! It is a sham! Your signature for the loan is the money out of thin air they pretend to lend. You are lending yourself the money with your signature. They are in the foreclosure business. Put him on the list and educate him to join us in our fight to end this slavery and theft. See my next reply. I will look up a doc you can type in and read. The bank does not lend any money. They use your signature to steal from the investors, but the loan is out of thin air, your signature. I will send you just how they do this in a moment. Sounds crazy? It all is crazy!
We really lend them our signature as collateral for their Ponzi Scheme…They destroy the evidence by destroying the original notes and mortgages, launder the lies and the fraud thru cyber space, MERS. It is all really a ginormous cyber securities fraud scam among other frauds they committed to get their evil work done….All of the ORIGINATION FRAUD is done in house…….and then they dump all of the toxic shit in a Global Pool via WALL STREET INVESTMENT BANKS AND OTHER BANKS to hide what they did.
Surer than shit they are looking for the Credit Default Swap Insurance money….. They are trying to cover their asses and catch people off guard who do not know what we all know. Now they are going to try and commit more felony crimes on this man and try to steal something they do not own without his knowledge, DESPICABLE!!!!!…. What you do not know can hurt you. Once they ILLEGALLY get their hands on it, it is hard to get it back…..How many more ill gotten gains will they be allowed to steal??
LOL…..Just saw a funny commercial…It said the battle with the evil empire is coming to an end in the Sox vs. Yankees final match up tonite…..I can read between the lines, if the foreign crooks on Wall Street and their bankster minions can’t recycle fake fraudulent mortgages they don’t own and steal homes they don’t own they have to maybe find an honest way to make a buck?????……I think they are running scared selling off on Wall Street and stealing any liquidity they can possible find…..HA. The liars ought to check their overseas bankster accounts where they hid all. of their ILL GOTTEN GAINS They never thought they would get caught and the mortgage fraud Ponzi Scheme was going to go on forever. They got GREEDY and they f—ed up and now I want to watch the revived Roman Empire BURN…BURN BABY BURN!!!!!!!!!!!!!!!!!!
Welcome to the lawlessness of the wild state of fla….folks!
Yes, this is serious, it is a foreign tyranny holding America hostage with weapons of mass financial destruction….They are the FINANCIAL TERRORISTS FROM WITHIN AMERICA POSING AS AMERICAN INSTITUTIONS AND POLITICIANS THAT ARE WORKING TOWARDS OUR DEMISE… THEY ARE USING THE UNCONSTITUTIONAL SUPER CONGRESS AND THE DEBT BILL TO STARVE THE AMERICAN PEOPLE OUT OF THEIR HOMES………………………………..IT IS AN ILLEGAL FOREIGN OWNED AND OPERATED FASCIST TYRANNY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What the f***? I thought regional banks were supposed to be marginally less stupid about this stuff. I’m actually a (small) BB&T shareholder, and that apparently mistaken belief was one of the reasons I was holding on to it.
If it is an FDIC insured bank,then they are owned by and are indeed part of the big banking cartel..BOFA is the head of the snake. Chase and Wall Street as well as the Federal Reserve, the Central Banks, The IMF and a very many of our politicians,lawyers and judges are all bitches, whores and pimps for BABYLON, A/K/A the U.N./New World Order A/K/A the SMOM/ Vatican/JESUITS.
BTW, All roads lead to Rome.