The secret mortgage servicers don’t want you to know is they can make MORE money off of homeowners when they keep your loan in default. A former employee of loan servicer EMC tells the inside story why so many people can’t get their loan out of default. Duration : 0:4:57 Technorati Tags: auction, consumer, countrywide, [...]
The secret mortgage servicers don’t want you to know is they can make MORE money off of homeowners when they keep your loan in default. A former employee of loan servicer EMC tells the inside story why so many people can’t get their loan out of default.
Duration : 0:4:57
Tags: auction, consumer, countrywide, default, EMC, foreclosure, homeowners, loan, mortgage, secret, servicer, warning
i got a solution, …
i got a solution, the bank and deal with an individual owner that owns the property and buy it from them. thats what we did and we havent got fucked!!!
This would be a …
This would be a great program if banks actually participated in it. We have been working with bank of America on a short sale for a year now and now we have been waiting fro a response from the negotiator for three months and this included two? lafa escalations @shortsalesbank2010
This is why so many …
This is why so many people up the house when the house goes into foreclosure. I say it up so bad that it will take them years to sell it. File bankruptcy, chapter 7.. So they can’t get the deficiency. Since Obama knows this and isn’t doing anything to stop the greed, that house to the ground and walk away.
Good stuff
Good stuff
THIS IS CRAZY
THIS IS CRAZY
home sales have …
home sales have been down lately … and some people have strategically defaulted on their mortgages
Great Youtube. I …
Great Youtube. I have actually started piggybankblog com for all those who were abused by Bank of America or Countrywide.
John Wright
Piggybankblog com
In Addition to …
In Addition to demanding banks produce the original note and prove they have standing. ALSO? I have my condensed reference notes up on a web page!!!!!!
w w w. constitutionalvoices. org/bloggers/freedomblogger2/?page_id=1300
((((DELETE THE SPACES))))
Correspond with me if you like Jeff / CAJeffO@yahoo. com
P.S. Let’s fight together and put the pressure on the banks!!!
I wish I had a …
I wish I had a quality whistleblower like this lol – any NAB employees willing to come forward let me know 
fucking crooks
crooks
Make them produce …
Make them produce the original note signed by you. If they sold it, they won’t be able to do that. So you win your house back and can stay there until you’re able to pay it off.
Even when one of …
Even when one of these lenders goes bankrupt there are banks making money on that as well. All of this is about making money while it looks to the public as though they are not. Example, One West Bank bought Indymac’s loans now garanteed by the govt for 80% of the orig loan amount. Even as they got a discount on the cost of the loans they bought. They then sell the defaulted property to an invstor. The govt pays them 1st for the “loss”and the investor pays them 2nd for the house.
You can stay in …
You can stay in your home, An agency in DC helped me to get the bank to finally work with us. I reduced my payment 46% for 5 years and the get started info was free and the paperwork was less than $200 I went to delay or stop foreclosure online, it was easy to find, also goes by homeowners assistance info, use discount code 7129098 as there is a grant available to keep costs under 200. I am so relieved and every American deserves to stay in their home good luck and God bless
This strategy works …
This strategy works, An agency in DC helped me use this to get the bank to finally work with us. I reduced my payment 46% for 5 years and the get started info was free and the paperwork was less than $200 I went to delay or stop foreclosure online, it was easy to find, also goes by homeowners assistance info, use discount code 7129098 as there is a grant available to keep costs under 200. I am so relieved and every American deserves to stay in their home good luck and God bless
this video is a …
this video is a crock of shit, maybe you should see that homeowners are underwater on their mortgage by 50%a house mortgage for 300k now worth 175 it cost a bank thousands to foreclose so losing a few hundred a loan does not make a profit
Hi …
Hi consumerwarningnet
I have just been watching your video and I must admit it really is very good.
I really enjoyed watching it.
Already looking forward to more of the same in the future.
Cheers to your success.
Mark McCulloch
These guys are …
These guys are right. I was a lender, asset (REO) manager for big banks for 20years.
When Wall Street teamed with the banks and securitized these loans they screwed the public but they also left themselves open to real valid foreclosure defense.
Good news to the people for a change.
God love you.
God love you.
Good reporting! …
Good reporting! How is this now in June 2010 with EMC? Please let me know if you can. Thank you,
Shirley Farrington shirleyafarrington@hotmail.com
Henderson is a hero.
Henderson is a hero.
If the American …
If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered .
-Thomas Jefferson
OCWEN Scumbags
OCWEN Scumbags
THANK YOU FOR …
THANK YOU FOR EXPOSING THE TRUTH ABOUT FORECLOSURES !
so sorry that it will not help those of us being put put on the street !
YES IT IS !! STILL …
YES IT IS !! STILL THE SAME OLD BS
I have been COUNTRYFRIED and like refried beans Fried again by BANK OF AMERICA
IT IS ALL A HUGE SCAM from TARP to
HUD/HOPE all the so called Loan Servicers are actually collection agents
or Legal Firms to protect the Banks.
Just online today you can buy a poisionus FEMA Trailer for $5.00 and try to park it somewhere ? when you lose your home.
truly an eye opener
truly an eye opener
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WHAT TO DO NOW?