Sick and tired of the lies perpetrated by your mortgage lender? Wondering why your loan mod or short sale is ALWAYS IN REVIEW. Have you finally caught on to the fact that they WANT TO TAKE YOUR HOME because they owe little to nothing on your loan since THEY NEVER FUNDED IT in the first [...]
Chase says NO to Obama’s loan modification plan
April 14, 2010 By 2 Comments
JP Morgan Chase still owes $40+ Billion to federal agencies but has decided they can tell Obama and Co. that they want no part of loan modification if it involves principal write downs. If you read between the lines in the Huffington Post article below you’ll see the real reason…while they don’t give a darn about jacking around [...]
Default Judgment won versus Wells Fargo!!!!
April 2, 2010 By Leave a Comment
BOOM!! The four homeowners in the Houston that were Plaintiffs versus Wells Fargo got a big leg up when The Gore Law Firm claimed a Default Judgment against Wells Fargo. What does this means…they didn’t answer the lawsuit filed against them. Read for yourself here. (in Adobe PDF) – The Bank Slayer
Supreme Court wipes out debt when banks should have known
March 28, 2010 By Leave a Comment
Although we typically advocate bankruptcy as a last, last and then one more last resort, this is an interesting article that shows that sometimes a defense to the banks attempt to collect on a debt is simply: I told you, you should have known, follow the rules. If you or someone you know is facing a battle [...]
Obama Bank Policy shoots for $1 Trillion in Writedowns
March 19, 2010 By Leave a Comment
As Neil Garfield points out in the following information: “This is red meat for investors and borrowers seeking restitution for losses caused by improper appraisals, ratings and representations concerning loan and property values, loan viability, securities fraud, deceptive lending practices, TILA violations etc.” Ok, so if the mortgage is written down, how does that inpact [...]
Wells Fargo ordered to pay homeowner $155,092!!!
March 12, 2010 By Leave a Comment
Finally, Judges are seeing the wanton and willful actions by some of the mortgage servicers to do whatever they want without care for the homeowner. One of the high points and one that Neil Garfield points out regularly is QUESTION EVERYTHING. ASSUME NOTHING. Just because someone working for the bank tells you or even swears as to the actions occurring that doesn’t [...]
Fremont and Wells Fargo Reach $7M Settlement
March 4, 2010 By Leave a Comment
Bankrupt mortgage lender Fremont General Corp. and Wells Fargo & Co. have reached a nearly $7 million settlement in repurchase disputes stemming from the bank’s role as trustee to several of Fremont’s mortgage securitization transactions. The case can be viewed by pulling from Judge Erithe A. Smith of the U.S. Bankruptcy Court for the Central [...]
Wells Fargo lies & gets caught to the tune of $1.4 Billion
November 20, 2009 By Leave a Comment
Come spend a day in our office or even 30 minutes and you’ll see how banks such as Wells Fargo, Chase and Bank of America have no qualms about lying. They will tell you one thing then something totally different in back to back calls. Then they will send you a third “story” in a [...]
Evidence. Where’s the proof!!!
November 9, 2009 By Leave a Comment
The biggest mistake most people make is not knowing basic rules of evidence. Testimony from a “copy” is inadmissible. Testimony is inadmissible unless it comes from a witness accepted by the court — not some lawyer lathering up his mouth and using finesse to escape the rules of evidence. Every witness must be sworn, must [...]
