https://4closurefraud.org/2012/12/03/housingwire-propaganda-not-to-be-believed-part-1-re-analyzing-the-data/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 01 Dec 2025 18:53:46 +0000 hourly 1 https://wordpress.org/?v=7.0.4 https://4closurefraud.org/2012/12/03/housingwire-propaganda-not-to-be-believed-part-1-re-analyzing-the-data/#comment-405595 Wed, 05 Dec 2012 17:15:52 +0000 https://4closurefraud.org/?p=55737#comment-405595 These modificaitons are crap! Sorry Abigail, but all they have done is sweep the fraud under the rug and become game changers. Modifications don’t help people at all….they are just re-aranging the debt to the back end and usually has a 5 year plug in it to where the payments will escalulate back up again. What economists fail to calculate is the cost of living that continues to rise annually at a much higher pace than income. DUH????!!!! The cost of energy is esculating and at the same time as the cost of food, clothing and other necessities. The only real way to solve the problem for those mortgages that are NOT wrought with fraud is to do refinancing with principal reductions and at market rates. As for those who are riddled with fraud, I say, cancel the d*** mortgage. The lenders have already been paid 2 to 3 times over….Modifications? The biggest joke pulled on US citizens.

]]> https://4closurefraud.org/2012/12/03/housingwire-propaganda-not-to-be-believed-part-1-re-analyzing-the-data/#comment-405572 Tue, 04 Dec 2012 11:39:23 +0000 https://4closurefraud.org/?p=55737#comment-405572 Good analysis at the link…

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