You don't think the banksters are scamming sob's? They have been caught selling mortgages multiple times. You could pay your mortgage to a servicing company who has no idea where your note is. They may never relieve your lien even if you pay off your house and if you are now current. http://georgewashington2.blogspot.com/2 … gages.html
The original notes are gone. They just noted stuff and make up a note to foreclose.
Walk away from these scamsters. This isn't legal advice, but enough is enough!
bgamall, we got exactly what we asked for;
lie-ing through our teeth to buy a 250,000 house on a 10 cent income
flipping houses with abandon, don’t care about interest and payment not going to stay in it..! Just rip the next guy.
if we want something, just go buy it, don't sweat it, we can delay payments for up to a year! Just pay the mortgage next month, right? It was the I want it now syndrome.
People buying s...t houses for 500,000 that are not worth 70,000 and saying, we can afford that.
allowing appraisers to rip us off on price and realtors to talk us into anything, because we had to have it.
we all want to look good, say we own property, show off the toys.....
well... look how we all look now brother!
we should all take a bow, we got what we deserved. The crooks saw a naive nation of people asleep, just paying blindly, and they ran with it before we woke up!...and now- we want to cry about it?
we are all a day late and a dollar short! It's our own un-doing, that got us here.
Dutch, it was a bank scam. The victims of the scam made out great until the scam ended. You aren't thinking right about the scam. Underwriters jobs were to keep people from buying too much house until they were no longer needed in this ponzi bubble event. And it was planned, as I wrote about in a hub, way back in 1998 and implemented in 2004. It was a planned and premeditated scam.
BG I guess maybe I am in many ways here, but I feel we all gave them the openings they needed, I am not saying you are wrong at all, I am saying we all helped it along. I do see the scam, yes.
I do understand they bypassed the Underwriters. Just went with the paper, no mater how it was filled out.
Yes, Dutch, the scam was set up by the banksters and mainstreet did the speculating. But in other cases, the banksters set it up and did their own speculating. They drove oil to 145 per barrel. They drove food goods up in 2007 and west Africans starved.
They are evil Dutch. They set the housing ponzi up to get us to drive the prices up for them.
Hey bg, I'm sorry what are you suggesting people to do here?
Hi Diane, warn people with mortgages to find out who their note holder is. If they cannot be located you have to be concerned that the lien on your house will take years to remove, possibly, once the house is paid for. I don't think people should have mortgages when this scamming is going on. Here is a site to use to find out about your mortgage note: http://action.seiu.org/page/speakout/wheresthenote
What if the bank can't produce the note, what does that mean for the homeowner?
Just curious cause my sister is having this same kind of trouble, she said her mortgage has been moved to three different banks so far and she said the last bank has yet to send her any paperwork.
Mine to BG, I just found mine it is in the hands of Evergreen Mortgage in Florida?
my Original Loan and closing was with Regent Bank here in nashville localy?????
we bought small, 1400 sq feet 1 car garage, postage stamp yard, keep it simple. getting close to retirment now; mine is a VA 30 yr. fixed @ 5.8% , not sure now what to do? hmmm....
went to my original closing papers, deed of trust ,it had the original note holder, the bank listed there, I called the banks 24 hour service line and asked to discuss my note, they of course did not have it, i asked for a
Supervisor and she told me it had been sold to Evergreen and thats all they knew and I should have already have known it! She gave me the account # after I verified all my info with her.
I asked her to spell out the banks name that had it and she did and I went on line to find them. I had the va loan # my loan # and gave them to the Evergreen customer service rep and he crossed reffrenced it, and we went over the note, thats is all he was allowed to discuss which was not much!
I found out it is a large lending Corporation that speculates in real Estate, has Home office in Florida. It buys up blocks of Mortages good and bad in a mix and speculates on the worth of the purchased block of paper.
he appologised for the lack of info and is sending me the complete brochure, with all the info on my loan, via mail to the house. said it would be 4 days to get it.
well the way I understand it they still have to produce the note that has your signature on it. So be sure it does.
Someone, Evergreen or whoever needs to produce the original note. If they can't you could consult a lawyer. Problem again is that once the house is paid off, it is possible that the lien may be stuck on your house and who knows for how long.
check out this link - this is an attorney friend of mine in Florida talkin about banks stealing homes - check it out - http://dailycaller.com/2010/10/14/thedc … der-fraud/
by Gary Anderson 7 years ago
Yahoo censors their message board, letting mindless comments through and stopping comments that expose the banksters. I had a hard time getting through stating that the Tea Party should now realize that the banksters are extorting the politicians with threats about the demise of the 30 year...
by Gary Anderson 8 years ago
I must warn people from Australia with one Seeking Alpha article I just put out. Hope this will stand for your benefits, since I don't make any money on Seeking Alpha articles. I know some of you are from Australia.If you have a house and need the money from it, you should sell and rent now. What...
by ViralWhisper 7 years ago
Many people are literally abandoning their house to get rid of their slavery to their mortgage payments. Some people did it after losing their jobs and others did it after losing their retirement money and losing their faith in the current system. Will you do the same thing if it means freedom from...
by dannyb1974 9 years ago
Where do people think the uk property market is up to now?I think it has bottomed out and now is a good time to buy.I keep hearing of bargain properties around but as yet finding them is difficult.Will it go lower or will it start to riseDanny
by rhamson 9 years ago
With the recent collapse of the insurance companies sub prime rates and government bail outs, can our capitalist based market system be trusted to right itself?
by Frannie Dee 6 years ago
Is their a simple solution that would resolve the United States Real Estate Crisis?Often the most complex problems have simple solutions. How would you stop foreclosures? What would you do to save home values. Many Senior Americans who have struggled to pay off their homes...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|