Comments on: Scammers out in Front of National Mortgage Settlement Deployment

By: Broderick Perkins

Broderick Perkins — Sun, 11 Mar 2012 19:44:25 +0000

…but seriously, an example of what consumers need to do is what was done to get free credit reports and what’s being done to get free credit scores — letter campaigns to congress. The Occupiers are not focused enough. What’s needed is a specific, targeted grassroots, consumer campaign to really fix the mortgage market.

See Consumer Reports effort regarding credit scores: http://www.erate.com/free-credit-scores-long-overdue.htm

I tell you, if ACORN was around right now….whew…http://www.deadlinenews.com/2011/06/27/acorn-shellacking-just-plain-nuts/

By: Broderick Perkins

Broderick Perkins — Sun, 11 Mar 2012 17:55:39 +0000

Scammers today are pretty sophisticated. Consumers have to be doubly alert and on their toes. And regulators have to come down hard on them or the fines become just the cost of doing business.

By: Broderick Perkins

Broderick Perkins — Sun, 11 Mar 2012 17:53:40 +0000

OCC-U-PY! OCC-U-PY! OCC-U-PY!

By: Broderick Perkins

Broderick Perkins — Sun, 11 Mar 2012 17:13:20 +0000

I beg to differ. See my “Dump Your Bank” series. Many small banks and credit unions have come to the rescue. http://www.deadlinenews.com/tag/dump-your-bank/

By: Broderick Perkins

Broderick Perkins — Sun, 11 Mar 2012 17:11:35 +0000

My pleasure

By: Broderick Perkins

Broderick Perkins — Sun, 11 Mar 2012 17:11:04 +0000

I’ll say.

By: James Donovan

James Donovan — Sat, 10 Mar 2012 11:45:56 +0000

The scam-artists are the folks at the National Associations who own these loans. The only way to truly help the American People recover from this scam is to indict the officers of the lenders and investment bank who sold the mortgage loans to the trust’s, never conveyed the collateral, and drew down years of residual interest using discount rates that should have been corrected by the fraudulent examiners, they acted in collusion with rating agencies and title companies,

Here are the facts. The folks that claim to own the loans and sue the homeowner in foreclosure continue to act fraudulently. They have no right to file and now with this settlement they are deeply entrenched in getting folks to sign new Notes through modification,HARP,HAMP HARP II,FHA refi, etc..

A true democracy would disgorge the hundreds of billions of profits the reserve system banks, investment banks, rating agencies, swap providers and correspondent lenders made without full disclosure to homeowners. They should all be prosecuted under RICO laws and their personal assets should be stripped to make restitution.

By: LT

LT — Sat, 10 Mar 2012 05:13:00 +0000

The scammers out there now are just re-invented from the era of the ‘too good to be true’ zero interest mortgage/re-fi guys that would prey on the most vulernable of neighborhoods and people. SO wrong and really hard to catch them I’m sure.

By: Jennifer

Jennifer — Fri, 09 Mar 2012 22:10:37 +0000

This is why I prefer to go old school and keep the money under the mattress! It’s quite difficult to find a safe and trustworthy bank/mortgage lender, let alone a strong interest rate you won’t have the rugged pulled under your feet from.

By: Beware of mortgage rescue scams masquerading as new federal programs – ConsumerReports.org | financialsurvivalnews.com

Fri, 09 Mar 2012 20:58:54 +0000

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