Comments on: Spike in Defaults Looming: Remaining Interest-Only Alt-A Loans set to Recast to Full Payment of Principal and Interest https://4closurefraud.org/2016/06/02/spike-in-defaults-looming-remaining-interest-only-alt-a-loans-set-to-recast-to-full-payment-of-principal-and-interest/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 08 Dec 2025 14:53:06 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: Hammertime https://4closurefraud.org/2016/06/02/spike-in-defaults-looming-remaining-interest-only-alt-a-loans-set-to-recast-to-full-payment-of-principal-and-interest/#comment-658206 Fri, 03 Jun 2016 16:38:36 +0000 https://4closurefraud.org/?p=63304#comment-658206 I agree Julia, the whole process is corrupt not just about the “loans”. Can go back to Carter and Reagan if we get caught up in partisan circus. But it was after Foreclosure Phil Gramm, Republican, I mean it’s in his name!, that derivatives beast was unleashed. Trump and Clinton sponsored by Goldman Sachs. No matter what party we have to hold them accountable.

]]> By: Iam Lazarus https://4closurefraud.org/2016/06/02/spike-in-defaults-looming-remaining-interest-only-alt-a-loans-set-to-recast-to-full-payment-of-principal-and-interest/#comment-658089 Thu, 02 Jun 2016 20:02:51 +0000 https://4closurefraud.org/?p=63304#comment-658089 A second crash, or the “2008 Recession – New & Improved Version.” (absolutely anticipated)

(btw) … President Clinton signed the legislation (in 1999) that deregulated the Banks (not the GOP), allowing so-called lenders to play “Casino” with mortgage loans creating synthetic default swaps and derivatives, thereby creating more shadow-debts which now exceed the value of the entire planet Earth. Allegedly these shadow-debts have superior rights over you and I, too. (hence bail-ins without any government’s permission required)

The puppet-masters pull the strings of both parties regardless, evidenced most glaringly by our own election for President of the United States, wherein our “vote” means nothing at all since we don’t elect the President … rather “unknown to you & me” delegates (elected by no one?) and even super-delegates (elected by no one?) actually decides on who wins the Presidency. “One man one vote,” is meaningless and hollow and has been since the invention of the electorate college. Why not simply elect the President by popular vote, alone? Anything else we’re told about why we have the electorate college is no more than “crap on a stick” being waved under our noses..

]]> By: Julia Young https://4closurefraud.org/2016/06/02/spike-in-defaults-looming-remaining-interest-only-alt-a-loans-set-to-recast-to-full-payment-of-principal-and-interest/#comment-658082 Thu, 02 Jun 2016 19:25:44 +0000 https://4closurefraud.org/?p=63304#comment-658082 In my appraisal work I again see 100% Conventional and FHA/THDA loans.zero down with rising market sales. Low fixed rate interest rates may help some but confidence in the market again threatens to repeat because those who sell and originate loans on commission don’t really have a dog in the hunt.
If the GOP sweeps Washington you will see deregulation thrive. The game will be on again, winner take all. Nothing will stop the banks from cashing in on the consumer. So what if they end up with mega billion fines? Their Washington ‘friends’ will bail them out! Is it worth what they rake in selling to the same starry-eyed hungry investors who believe in the pot of gold theory or its alternative, taxpayer bailouts.
One sad thing will not be deregulated and that is the non-judicial foreclosure status in the majority of the states. This fact is NOT explained to buyers that they have NO day in court. They are at the mercy of the servicer/lender. As long as those auto shuffle revolving doors steal people’s homes it will be the “CHAIN OF TITLE” all over.
The only losers were homeowners. Nothing has changed has it? .

]]> By: Hammertime https://4closurefraud.org/2016/06/02/spike-in-defaults-looming-remaining-interest-only-alt-a-loans-set-to-recast-to-full-payment-of-principal-and-interest/#comment-658072 Thu, 02 Jun 2016 18:03:51 +0000 https://4closurefraud.org/?p=63304#comment-658072 Yeah and they fixed everything so no way anything will go wrong!

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