Comments on: New U.S. Mortgage Rules Aim to Stop Wrongful Foreclosures https://4closurefraud.org/2016/08/08/new-u-s-mortgage-rules-aim-to-stop-wrongful-foreclosures/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Wed, 10 Aug 2016 02:42:04 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: lvent https://4closurefraud.org/2016/08/08/new-u-s-mortgage-rules-aim-to-stop-wrongful-foreclosures/#comment-663333 Wed, 10 Aug 2016 02:42:04 +0000 https://4closurefraud.org/?p=64925#comment-663333 Where’s it written unfair gains get paid many times over by repo injunctions?

That’s what they’re doing by not making one ruling that is based upon the meaning of CONDUIT FRAUD.

These entities might not have ever existed & you would never know it because CONDUITS hide the brokering of FRAUD by FRAUD BROKERS in the underworld..

]]> By: Blu Loony https://4closurefraud.org/2016/08/08/new-u-s-mortgage-rules-aim-to-stop-wrongful-foreclosures/#comment-663291 Tue, 09 Aug 2016 12:57:11 +0000 https://4closurefraud.org/?p=64925#comment-663291 Why are we putting so much faith in the CFPB?

Please evaluate my problem wholeheartedly.

At the end of 2014 I requested guidance from Wells Fargo(WF) about my interest rate increase. This simple request has turned into a fight for honesty and having integrity when there’s a mistake. WF has fraudulently destroyed my 800+ credit score, discriminated against me, and broken several key loan servicing laws. All of the allegations against WF are supported by my documents. I want to hold WF accountable for the indiscretions against me. You may find my story and supporting documents on http://www.wffraud.com

The CFPB truly doesn’t have control of the servicing industry. My plight tells the true story of the destruction a servicer can inflict on a person for almost 2 years.

The CFPB has just given Wells Fargo a 60 day extension, my time has run out because of the statute of limitations. Please review my new update, I have included my resume to prove I am a real person with a real problem and no one is willing to help.

]]> By: Tom https://4closurefraud.org/2016/08/08/new-u-s-mortgage-rules-aim-to-stop-wrongful-foreclosures/#comment-663234 Mon, 08 Aug 2016 16:36:00 +0000 https://4closurefraud.org/?p=64925#comment-663234 DON’T BELIEVE IT! Once they target you for a fraudclosure, you will lose!
Even if you do get into a better financial position to bring your account current or possibly pay it off in full, they WILL NOT accept your payment and force the foreclosure.
As I did, and some others I know that did, and tried saving our homes, but the payments were denied and we all lost our homes
Especially if you have the forced placed insurance, which is just a massive scam, they will force the foreclosure to collect on that insurance payment.
The PMI/MIP is the motivating factor for the banksters, lawyers, and judges to capitalize on.
The homeowners pay the insurance premiums and the banks collect the payouts after the loans go into default. Or forced into default!!!
And if you can prove that you can bring your account current, or pay it off, they made another new rule called “IN REM” foreclosure, which is against the property only and NOT you personally.
That will wipe out the deficiency, as it did in my fraudclosure, but you WILL NOT save your home. Plus the foreclosure WILL NOT show up on your credit report, and basically shows as never even happening.
They might even include a small payment to you to help you move, but you will still lose your home!
MASSIVE SCAM, MASSIVE LEGALIZED THEFT!!!

The PMI was originally put in place for low down-payment borrowers, anything below 20% down payment was required to carry PMI.
Now they added MIP (basically moved the letters around) on loans that have over 20% down- payments.
THE SCAMS CONTINUE!!!

If anything, this is just another delay tactic that they will use until they can fit you into their foreclosure schedule in court.
They previously used the Mortgage Modification SCAM last time for their delay tactic!
Even if you have a Court Recorder supplying you with documents that prove their fraud, because they are tired of seeing the fraud and want it stopped, that doesn’t help either.
The banksters, lawyers, and judges make more money from the PMI/MIP payouts, and then add in the resale of the property for more profit, earns them more money than having you payoff the mortgage loan.
Nothing will ever change until that forced placed insurance scam is removed.
It should be ruled that they used it and abused it, so remove it!!!
Or switch it around and let the homeowners collect that insurance that they have paid the premiums on if they need it instead? Sorry, but they would never do that and allow the homeowners to have a safety net.
They would rather use that insurance scam to make huge profits scamming the homeowners through MASSIVE FRAUDCLOSURES!
Another remedy would be to start jailing the banksters, lawyers, and judges that participated in the scam and then ban them forever from working in their professions once released.
And NOT just slap them with some small fines to pay, which just allows them to go back out and do the scam all over again!!!
Good luck, and don’t believe the BS!!!

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