HARP is absolutely a bank bailout–dressed up like a consumer relief program. The carrot is so small you need a magnifying glass to find it and the details make it easy to see that the only party who really benefits is the bank.

I am not personally fighting a foreclosure–I have owned five homes in the past but have chosen to rent for the past 11 years–specifically because of my understandng of this mess as far back as 2000.

I encourage anyone who has a mortgage to be exceedingly careful in analyzing your options BEFORE considering turning a non-collectable, invalid mortgae which:

a. has already been paid off (not by you but by insurance and multiple sales to other investors so there is NO
outstanding balance)

b. no EXISTING note which identitifies a lender who is owed

c. no EXISTING note which has attahed to the mortgage

d. no RECORDED record of assignments so there can be a clearly established chain of title to verify ownership

It may not feel like you are in a good place but in fact you are in a great position torefuse to pay. The banks know it, the politicians know.

YOU MUST UNDERSTAND that and not make a decision which plays into their hands by creating a new, geniune debt when you don’t have one at this minute.

NO you did not pay for your home, but it is nonetheless PAID OFF. If you continue to stand your ground you will win.

1. They (none of the banks) do not have STANDING to foreclose on mortgages which have been inserted into
the MERS system during the past 15 years

2. They (none of them) bothered to keep hard copies of the NOTE on all of the mortgages which were made
during that timeframe. They felt confident that their MERS system eliminated the need to do so and they
were too greedy to pay for the support staff to file and store them. So they destroyed them. They do NOT
exist– anywhere.

Pay your utilities and insurance and taxes, home owners association dues.

STAY put. Do NOT abandon–even if they somehow complete the foreclosure process STAY and make them try
to evict you–IF you can stand that emotionally. You still have a chance at keeping your home if you are IN
IT because you will eventually learn what they did wqrong –OR DON”T HAVE to allow you to win.

Learn all you can about the foreclsoure process in your state .

File a QWR and request documentation of the lender who owns your NOTE now; a record of the entire chain of
title, complete with all assignments fromt he day of closing and other pertinent documents. You also want
a complete hisotry of the disbursement of all payments you have made as well as documentation of any
insurance payments which are associated with your loan/mortgage/note. These are the MINIMAL things
you should ask for.

Keep fighting by responding to any legal action the bank tries to take against you.Show up at the hearing, go pro se if you have to. they win automatically if you don’t.

Please keep fighting. You already won–you just have to walk through the battle.

God’s belssings!

I vent….That is the silence I talk about……Count how many are in Washington and not one has spoken a word….they know what would happen to them……but than again .they will have to face the outside world some day……….

I vent..That is what I said in my comment to Shelly….it is your signature they want…and you will waive your rights to sue the bank for fraud…than you will be denied at the end…it is nothing but put under a different name..from HAMP TO HARP…..IT STILL SPELLS TRAP. WHAT AN INSULT..$26.00 after they have robbed the people of trillions. …I am not sure if I am going to vomit or spit flames of fire……….

Shelly….Their tricks and games are getting a bit outrageous and insulting to say the least….it seems they are running out of ideas….throw the dog a bone of $26.00….they have robbed trillions of dollars from the people and they think $26.00 is a savings ? Nobody should sign ANYTHING…NOTHING….it is a scam…they want your signature to void all the frauds …it is another set-up….don’t step into another trap….and to think they had the nerve to even suggest it….If you read it…it,,, MIGHT… benefit some homeowners….the key word….MIGHT ….IT DIDN’T SAY IT WOULD…..in order to apply for this $26.00 savings you will sign the NEW SET of papers to start to see if you can be helped….they now have your signature and the results will be you don’t qualify…..you are denied. There you have waived away your rights to sue the banks for any fraud…. DON’T BE A SUCKER……remember…they have robbed the people of trillions of our tax dollars and still want more. This in no way would boost the economy…what WILL boost the economy would be for the banks and Wall Street to give back the trillions they stoled and to pay their own debts to boot. …..you play…you pay………………

Why would the politicians do the honest thing?…they would rather deceive as many as they can and then allow their criminal friends and cohorts to steal what they have no legal right to take with ease…This is precisely what ongoing Criminal Enterprises do..and the U.S. GOVERNMENT IS AIDING AND ABETTING THEM…. There is a FEDERAL LAW KNOWN AS THE RICO ACT that fits all of their descriptions…Law enforcement should have prosecuted them by now…But, someone is blocking criminal prosecutions and Obama would not help out homeowners with Bankruptcy, even though these are UNSECURED DEBTS… IN MY OPINION, THIS SOUNDS LIKE THERE MIGHT BE SOME MASSIVE CORRUPTION AND TREACHERY…BY SOME REAL TRAITORS FROM WITHIN…

Caitlin O..Stop the treachery!…they owe us now..they committed massive fraud in our names..

You can stop supporting the banks by not paying your debt, but you will spend an inordinate amount of your life trying to defend your wages from garnishment and trying to defend yourself in court. Sounds kind of like the fifth circle of hell to me.

ORRRR .. .. .. you can dropkick the banking pricks to the curb by paying off what you owe and never ever ever in your life taking on another dime of debt. Debt Free. Forever. Off the hamster wheel. Forever. Break the chains of debt slavery. Forever.

Why do so few people seem to choose this route?

Sorry, Rob, but I don’t think you have the option of playing ball with them if you’ve missed a payment.

Not so! He is a smidgen more clever than the dumbest – who are the ones who will fall for this “plan”. He’s counting on it…

They want to keep the Ponzi going with refis and then steal the homes later when the UNSUSTAINABLE DEBT WALL STREET CREATED FOR THEMSELVES….BLOW UP…AND IT WILL BLOW UP….DON’T DO BUSINESS WITH THE BIG BANKS …!!!! THEY NEED TO SHUT DOWN….and put into receivership…all the money collected goes back to the U.S. TAXPAYERS..!!