Comments on: Florida Condo Association Forecloses on Wells Fargo, Seeks Deficiency Judgment

By: stripes

stripes — Thu, 06 Sep 2012 04:19:26 +0000

My brother in law had is townhouse stolen by Wells Fargo 3 years ago via the HOA. He was evicted in a judicial state without a foreclosure being filed. They transferred title to a realtor and erased his existance from his public records. He never had a day in court. He has all of this fraud documented. While I am happy to see the parasites are now feeding on each other, there needs to be justice for ALOT of people who were victimized by these fraudsters.

By: MARGETTA LANGLOIS

MARGETTA LANGLOIS — Thu, 06 Sep 2012 01:24:47 +0000

YOU CAN ONLY IMAGINE THE “POOR” CONDO OWNERS HAD TO PUT UP W/ THE “M-O-L-D”
THE HOMEOWNER’S ASSOC. ANOTHER F RAUD GAAME JUDGES ARE COLLECTING MONIES HAND OVER FIST FIRST FROM THE FRAUD ENTITIES, NOW THE H.O.A.’S ,

IT PAYS GOOD $$$$$ MONIES TO BE A JUDGE, EVERYBODY MAKES OUT EXCEPT THE HOMEOWNERS !!!!

By: stripes

stripes — Wed, 05 Sep 2012 20:58:19 +0000

Time for the American People to foreclose on the FED.

By: stripes

stripes — Wed, 05 Sep 2012 20:41:36 +0000

CNBC Maria Bartirom interviewed Former J.P.Morgan Chase CEO, William Harrison on whether the Big Banks should be broken up. His answer is NO…if that happens “U.S. BANKS” won’t be able to complete in the Global Economy. Mr. Harrison said the BANKS are NOT 100% to blame for the crisis. He said…”Borrowers were abusing the system during the crisis.” I would like to add that he gave no reason why BANKS that are lent U.S. TAXPAYER MONEY….UPFRONT, in exchange for lending credit to people were giving bad quality loans to qualified borrowers and jacking up the values of homes to suck all of the equity out of the peoples properties. Or, why the BANKS DID NOT PAY THE TREASURY BACK FOR WHAT THEY BORROWED FROM THE TREASURY AT THE ORIGINATION BUT POCKETED THE PAYMENTS WE MADE IN THE FORM OF USURY AND OVERSOLD INVESTMENTS IN THEIR DEBT EXPONENTIONALLY WITHOUT PAYING BACK THE
TREASURY FIRST WENT BROKE..AND ARE STILL GETTING BAILED OUT TO THIS VERY DAY…..BY THE U.S TAXPAYERS FOR THE ORIGINATION FRAUD AND OTHER FRAUDS.. THEY ARE ABSOLUTE CRIMINALS.
http://www.blm.gov/nils/AQ_handbook/h-2100-1/chapter-VII/chapVII-illus-18.htm

By: James M

James M — Wed, 05 Sep 2012 14:23:34 +0000

Condo association foreclosing makes sense.

A deficiency judgement is the difference between the sale price of the unit and the amount of the note owed. Since bank did not borrow money from condo there is no note, so I don’t know how he would get a traditional foreclosure deficiency judgement.

Maybe the condo association documents allow for service fees, and they can get a judgement on that, but I think it incorrect to style it as a deficiency judgement.

By: Sue Em

Sue Em — Wed, 05 Sep 2012 14:07:25 +0000

Good for the association. Hope they make sure to attach hefty fees to the foreclosure for attorneys, inspection, title search,…