Comments on: Foreclosure Machinery Creaks Back to Life

By: Steven Parker

Steven Parker — Mon, 25 Jun 2012 16:36:04 +0000

Will we ever look back to the start of all this? Forget about the bailouts, forget about the Government blessing financial crimes with the “AG settlement. ” No, think back to when financial institutions and the Government designed MERS, put their soldiers into positions of power to deregulate and allow full scale looting, and then proceed to clean get away with stealing from millions of people. The WaPo won’t even touch these facts, for they are taboo. Eventually, history will show this as a slow motion terror attack from Wall Street/DC, and the media will no longer cover up on their behalf. Go ahead, throw millions more out of their houses, let’s see what that does for the Country.

By: marilyn lane

marilyn lane — Sun, 24 Jun 2012 21:23:30 +0000

In reply to talktotennessee.

JUDGES SHOULD NOT BE ALLOWED TO OWN PROPERTY.

It makes them bias and always ruling for companies like Fidelity NATIONAL Title and its subsidiaries, and Banks they might be a customer of, in cases before them.

Lets hope the kids of this fraudulent foreclosed generation become the Judges AND Senators of tomorrow and get kama back on the JUDGES and their family when they get old, and feeble and looking for Justice.

We know all the Presidents of this great nation.

Let’s Remember every CHIEF judge that ultimately destroyed this nation.

By: talktotennessee

talktotennessee — Sun, 24 Jun 2012 21:20:43 +0000

All well and good but nothing yet has been done about the sky falling in the housing market. Chicken Little can scream all day and everyone knows the roof is collapsing on foreclosures and REOs because of PREDATORY lending that raped homeowners and robbed people of equity and home but no one does anything. NOT even allow the bankruptcy Courts to modify mortgages for people to keep their homes.
So be it! Settlements go to everyone with a hand out that did not suffer the loss!
But I don’t expect government to bail these guys out again even if the roof comes down on all of us! I will not vote for any elected candidate that supports propping up financial institutions come H – – – or High Water and we have a little of that high water right here in River City!
I went inside a bank owned house today tax assessed at $69,000, sold in 04 for $56,000. It is now listed for $10,000 but is not worth $5,000 because it has been vandalized, stripped and is nothing more than a dilapidated shell. Tell me again why it was of any value to force the homeowner out of this home so it could be sold to an investor for $5,000 cash after thieves stole everything in it and ruined the rest.!
Tell me indeed what makes any thing in this housing crash fair, not considering those who defaulted on their subprime or Alt A houses, but much less the homeowner next door whose property value is in the toilet too not to mention the city/county tax assessor who will get NOTHING from their $69,000 tax base!
Tell me again, what are we doing here??Giving the banks a bye and twiddling our thumbs until he whole shebang goes away!!!
Fellows, it ain’t going away any time soon!