Comments on: Outrageous | The Short Sale Scam: Most Going to Non-Recourse States that Bar Deficiency Judgments

By: Peanut

Peanut — Wed, 24 Oct 2012 23:26:01 +0000

I purchased my third property in 2008 mind you on my good credit. I have been trying to shortsale my property for three years. Now they keep stating they didn’t get their documents required in Equator. The realtor swears up and down they were sent. When I call I get misinformation. And noone knows anything. Well I was kicked out of the HOFA short sale program for not receiving documents. ha what a lie. They I was told I was sent back to BOA in a cooperative loan. But low and behold I was told a week later that I was in a regular short sale again and if my documents were not received by 10 AM today I would be cancelled from that too. Well my realtor swears that the info was sent that was requested, but not according to BOA. I am ready to file a law suit for shortsale fraud. Know a good Attny????

By: stripes

stripes — Thu, 30 Aug 2012 01:56:24 +0000

The American people are settling for fraud on a monumental scale.

By: indio007

indio007 — Wed, 29 Aug 2012 22:37:25 +0000

Just wait till they get a 1099-C cancellation of debt from the Bank.I’m sure they gov’t are conspirators in this.

By: Katheryn

Katheryn — Wed, 29 Aug 2012 21:25:54 +0000

We were led on for a modification then after almost 2 years denied and were offered a refi. with $10,000 in fees and points tacked back on to an underwater mortgage. What it appears to me is that all of these BofA refis were then assigned to BAC and shuffled into their default loan side set up as Legacy accounts with the same beneficiary account ID#’s. I have the internal notes and other papers that positively show these were foreclosures and short sale propeties set up in advance. I did not allege a fraud claim in my suit because it is so hard to prove. However, with this information I got through discovery, I am either going to amend or file a whole new suit. I am so sick of reading different accounts of the white house propoganda calling what the banks have done anything but fraud. Descriptions such as “sloppy, careless, poor, slipshod”, paperwork do not come close to what occurred and is still occurring. It is shamefull what is going on in this country and there seems to be no way to stop it.

By: talktotennessee

talktotennessee — Wed, 29 Aug 2012 20:50:58 +0000

B of A has a long history of being difficult. The Countrywide stuff, if one knew, is an albatross. They are padding fees, expenses and foreclosing on exorbitant amounts above the mortgage, I guess writing it off on paper. Nothing to stop them, absolutely NOTHING! They are selling this stuff for cash, bad title and all, with properties sold in bulk on deed to limited corporations. I guess if they transfer a time or two it will scrub the taint off the title?
So much laundering going on here that one can only wonder what we have come to in this country when Washington, regulators, all either look to civil courts to make a buck off of the scam or alternately become part of the problem by ignoring the criminal aspect of fraud.

By: Katheryn

Katheryn — Wed, 29 Aug 2012 19:45:37 +0000

All of those agencies are just a joke. I sent a package of information to the “new” Protection Financial Agency and they just turned around and sent it to BofA who I have been in litigation with for well over a year. They were formed for one purpose; to make it appear the government is doing something. Our government, ‘by the banks, for the banks, screw the people”.

By: Ken Hansen

Ken Hansen — Wed, 29 Aug 2012 19:25:47 +0000

Anyone else getting more enraged (in a healthy way) each time they read about this crap?
The Office of Mortgage Settlement Oversight appears to be yet another “PR office” for the Banksters, to continue business operations post settlement/bailout.

By: Katheryn

Katheryn — Wed, 29 Aug 2012 18:37:45 +0000

Bank of America are scum. All the finger pointing goes to Countrywide as the problem. If anyone really took the time to investigate Bank of America; they will probably make Countrywide look good. I believe they purchased Countrywide for this reason; to be the scapegoat that they would point to as they did and continue to do their dirty deeds. They are really duping their Shareholders. Everything they put in their last 10k report about clean-up and their operations is false. They lie, cheat and conive at any opportunity possible. This is one leopard that cannot change it’s spots.