I’ve had a lot of practice on mortgage mod-packages. I can now quickly round-up the requisite current financial data & have refined my hardship letter so all the pertinent details are in as brief a write-up as possible.

My servicer is Ocwen & Freddie owns my loan. I’m 2 to 3 mos behind & re-setting the foreclosure review letter month to month with my payment now.

Bought new house in ’07 & planned to re-fi once old house sold…we got STUCK with our old house 4 years…lost $40k trying to carry both mortgages & eventually rec’ a chap7 discharge in 2010. Final irony is the old house sold the following summer (short-sale). Now stuck @ hi rate & payment.

I can’t qualify for HARP because I’m late. Can not & WILL NOT re-affirm the debt, so Freddie says no-way on a principal forbearance (they do not do princ-reductions) and was denied HAMP because our debt to income was too-low (26%…just under the required 31%). Now that they CHANGED that ratio requirement I WAS gonna petition to be re-considered for HAMP. This article tells me there is nothing I can pursue I guess?

Who might actually take 3 mins to review my details over a cup of coffee & point me in the direction of how to proceed? I don’t have a lot of $, but would be willing to pony-up for good, useable advice. I have tried using the gov’t approved counselors & so-far they’ve all been absolute flakes…

Hi, I understand your task and would’nt want to walk a mile in your shoes. However, I do know that the Executive Jack Lew of Citi was paid a great bonus before leaving Citi after the bailout, and was able “travel the world and live a billionaires life” then invest heavily in the Rust Consulting. I am sure the pay was little for you workers and the task was long and hard, after all thats what Corporate greed is all about. I do believe that my file and countless others of Citi were not properly reviewed, how else do you explain a Bank of America client was in the same exact situation as myself in the same year, she was reviewed, received a settlement payout, still in her home. I, a CitiMortgage customer did not get reviewed and was told I had to been foreclosed on before it could be review.(Wrong) The only line I can draw is maybe Citi did not have as many of their files reviewed, because after all these banks ended up policing themselves. Which brings me to the question can we get the exact details of the IFR from each bank? Nevertheless to me Mr.Lew our US Treasurer Secretary had a conflict in interest and should not have been appointed to his position after investing heavily in Rust Consulting.

While I could continue, the point has been made that Consultants did not make billions, spend billions or line their pockets. Consultants did the tasks they were given. Much has been said about the process not being truly independent. Speaking for myself and those I worked with, every review was done without influence, was strictly based on the facts and was reported accordingly. The IFR process was extensive, time consuming and yes expensive. The Consultants worked for “companies” that billed for the IFR. The Consultants do not know what the companies we worked for billed, for our services.

Consultants have taken a real beat down over the IFR. Walk a mile in my shoes! Do what I did for months! Be a subject matter expert, for the pay I received! Add to that; the task and responsibility for review of more than 4.3 million consumer mortgages/complaints. Get beat up daily with reports by the news media about what a lousy job Consultants did! Be part of a process that had never been done in the history of mortgage lending, and then tell me….. Where is the billions of dollars, I as a Consultant received? I really would love to retire, travel the world and live a billionaire’s life with all that money I can’t see in my bank account.

Thank you for your relentless fight against the evil and corrupt systems in place.It is quite apparent that those in power will stop at nothing to unravel and burn the fabric of our society.

My question is this:how do we proceed from here?
So many are asleep,numb and complacent about the war being waged against everything we hold dear!We are dealing with invisible,conscienceless entities whose primary goal is to swallow up the masses and leave nothing alive in their wake.

I cannot even get my friends (save but two) to even take enough interest in this situation to read your magnificently brutal article!The truth hurts;so everyone turns a blind eye-brainwashed into believing they will be safe if they ignore the truth.
Ignorance is bliss;but it is no excuse to destroy the hope of future generations.We are not fighting against this for today;we are doing so because we realize the ripple effect that will occur if we do nothing to fight against it.

“When unwritten laws become written laws,the liberty of man begins to suffer”.
~Thomas Jefferson

Guess some of us have not yet suffered enough to stand up against this tyranny.

~Heidi M. McCarthy

I received the below email today

Some have inquired what do you say when they have not produced the actual note yet but only uncertified copies of it?

Some of that would depend on whether there were endorsements on the note copy and whether they were specific or blank endorsements.

If specific and the party who is the endorsee is not the one claiming rights to enforce it is a fairly simple argument to make that their own exhibits bely their standing to claim rights to it since it is endorsed to another legal entity. If it is a blank endorsement the question becomes how old is this copy. If it was endorsed in blank by the original lender way back when the loan was made, anyone could have it now and such a copy is evidence of nothing without a certified copy showing when it was made.

If it is known the loan has been transferred but there is no endorsement then it is obvious this is an old copy made prior to the first transfer and again is evidence of nothing. And you can testify ahead what you do know to be true concerning the original note you signed:

Affiant has no knowledge of facts to the contrary, the original note contains Affiant’s fingerprints as may be determined by any document analysis expert of Defendant or of the plaintiff which have yet to examine the document and make authoritative testimony accordingly.

Afflants also state upon best belief and knowledge new computer technologies can and have been used to detect any photo processing that might exist in the making of these documents if need be to ascertain authenticity.

Affiants declare first hand eye witness knowledge of the fact that the original note signed November 21, 2006 was signed in blue ink by the Plaintiffs.

Affiants affirm that on the original promissory note will be found the pressure imprint of their signatures which affiants here affirm they specifically recall being present on the actual note signed that day of the closing.

And there may be more you can say than this. If someone has a similar situation we can talk about what may be in your case. You may reach us at 214-230-0319. Dr Weatherly

A viral spoof tells one man’s TRUTH. “Die Banker Die”: http://www.youtube.com/watch?v=YGFZ1Jj3ui8