It’s about time that the government wakes up to the schemes some of these banks are pulling on borrowers and taxpayers. Neil Garfield put it best…”Well you have to give credit to Sheila Baer. She gets it. Here she is going after the IndyMac executives for making loans to developers that they knew would not [...]
U.S. Bank versus Homeowner…Homeowner wins.
April 13, 2010 By Leave a Comment
Smackdown… Houston area homeowner scores win versus U.S. Bank. Read it here…Final Judgment – US Bank Johnson. While a Default Judgment is unlikely to last forever, U.S. Bank never bothered to answer the lawsuit in the first place. This isn’t the first time a large bank has been forced to negotiate themselves out of [...]
Mortgage companies lure homeowners with modification still foreclosing
March 22, 2010 By Leave a Comment
Bottom Line: Don’t get deceived into believing that a modification is around the next corner and it’s OK to not make mortgage payments. Thanks to Consumerlaw.org for this article. – The Bank Slayer Bait and switch program The Mortgage Bankers Association says “Lenders generally go to foreclosure as a measure of last resort, after all other options, [...]
Bogus mortgage assignments galore
March 18, 2010 By Leave a Comment
We recently posted the fact that Freddie Mac has some CRAZY assignments of mortgages for September 9, 9999. It just keeps better Thanks to 4closureFraud for the heads up. If you suspect something strange is going on with your mortgage or are facing a foreclosure situation contact our office today. – The Bank Slayer Folks, [...]
Yield Spread – Kickbacks R Us
January 19, 2010 By 1 Comment
OK the core of this info comes from the mighty Neil Garfield’s blog site. It’s an excellent example of how the money flows and is a MUST READ for those confused or unsure of how the banks have been able to steal money. Power through the bond example first and this will make [...]
