If your mortgage was funded or serviced by Taylor, Bean & Whittaker then it needs to be audited. TBW was notoriously difficult to deal with in the final stages of its life and closing a short sale or loan mod was near impossible as no one seemed able to pull the trigger. Well now the [...]
Taylor Bean & Whittaker chairman Lee Farkas Charged with Securities Fraud
You are not in default. Freddie Mac is making your payments!
Yes it is true. I have seen it with my own eyes and IN WRITING. In our office we have on record a statement from Freddie Mac, which they submitted to the courts, that “Freddie Mac has made all relevant and required payments to the investors on behalf of the borrowers.” Did you catch that?!?! Yes, Freddie Mac acting as the [...]
Obama is handing out $3,000 to short sellers
Our U.S. Treasury stands ready to hand out checks to homeowners to help them with short selling their home! Ok, not exactly but the Obama Administration is pledging to chip in to help homeowners who are underwater and need to sell their home. Bank of America, clearly our Nation’s leading “uplifting promise to do something press [...]
Bogus mortgage assignments galore
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, [...]
Freddie buys loan on Sept 09, 9999.
Forget a 30 or 40 year mortgage term. How about an 8,000 year term! This is a GREAT example of the fraud and/or negligence perpetrated by many of the mortgage servicers and trustees. REALTORS: Whether you are assisting a homeowner with a short sale or loan modification, it will be for naught if the homeowner is foreclosed upon. [...]
Lenders fear or can’t buy back loans from FREDDIE MAC
If you are dealing with a short sale situation involving Freddie Mac (and I suspect Fannie Mae as well) and it is dragging on forever then heads up…it might be in this buy back loop. Until Freddie decides what if anything is going to happen to a loan in default it might take some real firepower to [...]
Too politically powerful to fail
OPM…Other People’s Money, right? Isn’t that how to get rich, using other people’s money (according to many investment gurus). Looks like our Uncle figured it out. – The Bank Slayer It’s a slow day in a little East Texas town.. The sun is beating down, and the streets are deserted. Times are tough, everybody [...]
Holiday foreclosure moratorium is a worthless!
While Bank of America, JPMorgan Chase & Citi are suspending foreclosures for the holidays, just like Fannie Mae and Freddie Mac, this is a nothing more than a sick joke on those in Texas. Why? Quite simply it doesn’t help you one bit. I will make a fearless promise…ready…no one in the State of Texas will be foreclosed [...]





