Comments on: William C. Dudley, President of the Federal Reserve Bank of New York, Makes Strong Pitch for More Aggressive Housing Policies Including Targeted Principal Reduction Program https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 08 Dec 2025 14:36:43 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: Shelley A. Erickson https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-265732 Wed, 21 Dec 2011 01:26:28 +0000 https://4closurefraud.org/?p=38589#comment-265732 What about selling a house they can never own because the house does not have a clear titile? Who is he kidding. Are they going to have a moritorium on titles and claim from this day foreward whom ever is in possession of the house owns it? Who are they kidding ? They have muttled up everything!

]]> By: Shelley A. Erickson https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-265726 Wed, 21 Dec 2011 01:22:47 +0000 https://4closurefraud.org/?p=38589#comment-265726 In reply to lvent.

It is hard to trust any of the government plans, so far all of them have been used against us every one., and you certainly can not trust the banks or servicers or debt collectors. All they want is for you to sign you owe the debt and even if you did not you do now! If any of this makes you admit a debt you dont owe and that is most of us, cause of the fraud and crime. Not just the mortgage but the lost income caused by these predators. They all seem to forget they owe us lost income and a lost America. It is not just the house! It is the ruin of America!

]]> By: lvent https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-264159 Tue, 20 Dec 2011 04:45:55 +0000 https://4closurefraud.org/?p=38589#comment-264159 In reply to lvent.

Angry and not taking it and everyone, check out the Michael Savage videos…This man tells it like it is…They took him off the air here in Chicago not long after he made the remark that “All roads lead to Rome.” It was not long after Rahm Emanuel became Mayor…He is now on a radio station that gets no reception here in Chicago…! More proof this is an illegal and unconstitutional tyranny we are all living under!

]]> By: lvent https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-263188 Mon, 19 Dec 2011 16:43:08 +0000 https://4closurefraud.org/?p=38589#comment-263188 In reply to Susan Templeton.

Susan Templeton, Yeah right, sign up to fail…right here right now with a new fraudulently induced mortgage payment that will fail, and when it does, you will lose your home in 3 months…This economy sucks!…and this is yet another set up to fail for homeowners and an attempt to clean up their fraud mess….There is not enough money in the world to repay their $700 trillion in mortgage fraud debt!

]]> By: lvent https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-263179 Mon, 19 Dec 2011 16:37:10 +0000 https://4closurefraud.org/?p=38589#comment-263179 In reply to lvent.

They are just looking for more poker chips (suckers) to use at their Wall Street Casino…Don’t think for a minute they won’t bundle these up and sell interests in these to their criminal friends…these will be known as the stupid sucker, we set you up again to fail derivatives…!

]]> By: lvent https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-263176 Mon, 19 Dec 2011 16:32:40 +0000 https://4closurefraud.org/?p=38589#comment-263176 I received a Pre -Qualification notice from the U.S GOV. and the FTC which states they have created a “strict set” of guidelines for Loan Modifications and Approval Standards..If you meed the criteria and your app is submitted in full and correctly, your lender must approve your modification….The benefits to you may include forebearance! and/or foregiveness of past due payments! in addition, to a reduction of your monthly payment! Their debt is unsustainable is what a very reputable attorney told me, don’t sign or agree to anything..I agree with that attorney, as the fraudsters debt is an estimated $700 trillion in mortgage fraud debt, their debt can never be repaid no matter how many fraudulently induced mortgages they collect or how many homes they steal…. Time to shut down the TBTF and stop robbing the little guy to pay for all of their fraud…! Hold them all accountable including the traitor Politicians who allowed this…!

]]> By: Bobbi Swann https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-263083 Mon, 19 Dec 2011 15:31:04 +0000 https://4closurefraud.org/?p=38589#comment-263083 In reply to talktotennessee.

@talktotennessee: and you are surprised that Washington knows little of the housing market? For heaven’s sake, they don’t even read the bills that they present for passage and with the ridiculous incomes for those loathed people they don’t even have a clue to the real world. You have a combination of both worlds here; not just those in default because just how many of those in default are still in underwater mortgages? Well, my friend, here in Flori-duh I can tell you that about 62% in default are ALSO underwater since one in every 4 homes is in foreclosure here, 13% unemployment rate and the beast continues to grow. Please don’t mix markets and in your profession as an appraiser you should know better than to ‘generalize’ a selected market to the overall contrast. South Flori-duh is even worse than central since at least central has the tourist attractions so less unemployment. These mortgages need to be nullified; not modified or have principal reductions. That’s just another way for them to cover up the fraud!

]]> By: lvent https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-258471 Sat, 17 Dec 2011 06:50:28 +0000 https://4closurefraud.org/?p=38589#comment-258471 Michael Savage Explains Financial Crisis & Communism:

]]> By: Susan Templeton https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-257795 Fri, 16 Dec 2011 22:18:14 +0000 https://4closurefraud.org/?p=38589#comment-257795 In some areas homeowners need their alleged principles slashed in half, the entire industry lies as one, particularly in the hardest hit neighborhoods where vultures come in and seize a house for pennies. In other words, housing prices are still too high, and real ‘recovery’ means serious damage to the FIRE sector, so they will never be able to pull this again. The out of control machine will never stand by and accept any real regulation – we’ve seen how they completely dominate every attempt to do so.

So, we have this uber-banker say something completely sensible. And all the bankster lobbyists and their crooks on Capital Hill will start to squeal about moral hazard and this comes when they hold homeowners in their bloody talons for years and they’ve been bailed out in the trillions! ?
The same idiots who gutted regulations, simultaneously waged attacks to make it harder for Americans to declare bankruptcy and hold onto their greatest asset. One must pause and reflect, why has power in this country started to treat so many citizens like criminals?

]]> By: Ron Moss https://4closurefraud.org/2011/12/16/william-c-dudley-president-of-the-federal-reserve-bank-of-new-york-makes-strong-pitch-for-more-aggressive-housing-policies-including-targeted-principal-reduction-program/#comment-257793 Fri, 16 Dec 2011 22:17:38 +0000 https://4closurefraud.org/?p=38589#comment-257793 DeMarco seemed to be more interested in his own income and staff making millions at this opportutnituy than hw was making something gell.

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