Comments on: The Return Of The Foreclosure Machine! http://www.realestateradiousa.com/2010/03/06/the-return-of-the-foreclosure-machine/ Mon, 09 Jan 2012 18:23:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Gary Frasier http://www.realestateradiousa.com/2010/03/06/the-return-of-the-foreclosure-machine/comment-page-1/#comment-33761 Gary Frasier Tue, 02 Nov 2010 00:50:13 +0000 http://www.realestateradiousa.com/blog/?p=12337#comment-33761 Wells Fargo and all these banks are guilty of mortgage fraud. Why don't we settle all this right now and just put a addenum to every foreclosure in every state in the United States of Wallstreet and give them the right to foreclosure of every loan. But at the same time let us make it a conditional foreclosure which simply states that foreclosure proceedings are final but are subject to lawful recourse that any such bank and or any lending agency and or financial institution shall agree and PAY AN AMOUNT TO EQUAL THREE (3) TIMES THE AMOUNT OF ANY FORECLOSURE THAT WAS GRANTED indefinately thereafter and at any time such Mortgage is proven to be fraudulent and or illegal, THEN LETS SEE IF WARREN BUFFET AND BILL GATES WHO OWN Wells Fargo Robbers Inc.are wiLling to put their money where their big lying mouths are. Down with Wall Street period. People it is now or never and you better believe it. Whether you are an investor in these crooked lying WallStreet idiots or whether you are a victim of their lying arrogant tryanny wise up now and get away as fast as you can! You all go ahead and blame. You go ahead and blame OBAMA or blame anybody you want, but the blame rides on every money making scheme asshol* that exsists on WallStreet and any or all takers of their money and all Senators, Congressmen, or any other political associate who takes their lobbying money and makes laws and benefits their cause as a reward. America has been bought and sold thousands of times by these assholes. How long are we going to sell America to these asshol*s. Stop this madness for monetary gain? Think about America and what it should stand for. But then again you probably want just the money don't you? Well go ahead and pass all your gains on to you children for their extended benefits. But don't be surprised if these Wallstreet money sucking Bastar*ds don't all ready have it in greedy little pockets. Wells Fargo and all these banks are guilty of mortgage fraud. Why don’t we settle all this right now and just put a addenum to every foreclosure in every state in the United States of Wallstreet and give them the right to foreclosure of every loan. But at the same time let us make it a conditional foreclosure which simply states that foreclosure proceedings are final but are subject to lawful recourse that any such bank and or any lending agency and or financial institution shall agree and PAY AN AMOUNT TO EQUAL THREE (3) TIMES THE AMOUNT OF ANY FORECLOSURE THAT WAS GRANTED indefinately thereafter and at any time such Mortgage is proven to be fraudulent and or illegal, THEN LETS SEE IF WARREN BUFFET AND BILL GATES WHO OWN Wells Fargo Robbers Inc.are wiLling to put their money where their big lying mouths are. Down with Wall Street period. People it is now or never and you better believe it. Whether you are an investor in these crooked lying WallStreet idiots or whether you are a victim of their lying arrogant tryanny wise up now and get away as fast as you can! You all go ahead and blame. You go ahead and blame OBAMA or blame anybody you want, but the blame rides on every money making scheme asshol* that exsists on WallStreet and any or all takers of their money and all Senators, Congressmen, or any other political associate who takes their lobbying money and makes laws and benefits their cause as a reward. America has been bought and sold thousands of times by these assholes. How long are we going to sell America to these asshol*s. Stop this madness for monetary gain? Think about America and what it should stand for. But then again you probably want just the money don’t you? Well go ahead and pass all your gains on to you children for their extended benefits. But don’t be surprised if these Wallstreet money sucking Bastar*ds don’t all ready have it in greedy little pockets.

]]> By: Barry Cunningham http://www.realestateradiousa.com/2010/03/06/the-return-of-the-foreclosure-machine/comment-page-1/#comment-6938 Barry Cunningham Tue, 09 Mar 2010 23:15:23 +0000 http://www.realestateradiousa.com/blog/?p=12337#comment-6938 Hi Dominic..you make a good point. However as a buyer who seizes upon opportunity sometimes I overlook that some are really getting hurt. Thanks for the perspective. Hi Dominic..you make a good point. However as a buyer who seizes upon opportunity sometimes I overlook that some are really getting hurt. Thanks for the perspective.

]]> By: Dominic http://www.realestateradiousa.com/2010/03/06/the-return-of-the-foreclosure-machine/comment-page-1/#comment-6933 Dominic Mon, 08 Mar 2010 22:21:31 +0000 http://www.realestateradiousa.com/blog/?p=12337#comment-6933 It is true that those who have liquid assets are in a position to buy. However, on a broader note, it is the banks that are quite literally starving people and who have a strangle hold on the government. So, the news is good, but let's not fail to recognize that the debt money system does not work and hurts people who are using debt to pay for things, including mortgages, and it will be the cause of bigger and bigger financial ruin with each contraction that takes place in the economy. It's on path headed for destruction. D It is true that those who have liquid assets are in a position to buy. However, on a broader note, it is the banks that are quite literally starving people and who have a strangle hold on the government. So, the news is good, but let’s not fail to recognize that the debt money system does not work and hurts people who are using debt to pay for things, including mortgages, and it will be the cause of bigger and bigger financial ruin with each contraction that takes place in the economy. It’s on path headed for destruction.

D

]]> By: Jack Lewitz http://www.realestateradiousa.com/2010/03/06/the-return-of-the-foreclosure-machine/comment-page-1/#comment-4817 Jack Lewitz Tue, 12 May 2009 04:34:08 +0000 http://www.realestateradiousa.com/blog/?p=12337#comment-4817 I just finished writing a blog article explaining Illinois Senate Bill 2513 which was signed into law in April. Essentially this is a 90-day moratorium on foreclosures in IL. In IL foreclosures are motionless. Homeowners are receiving Notices of Default in a Certified letter. Are given the option to seek counseling at a HUD approved office and are trying to modify loans with their lender based on the Obama plan. What will happen in the next 90-days is unsure. I expect we will also begin to see a rise in foreclosures as banks begin to accelerate the foreclosure process. I just finished writing a blog article explaining Illinois Senate Bill 2513 which was signed into law in April. Essentially this is a 90-day moratorium on foreclosures in IL.
In IL foreclosures are motionless. Homeowners are receiving Notices of Default in a Certified letter. Are given the option to seek counseling at a HUD approved office and are trying to modify loans with their lender based on the Obama plan.

What will happen in the next 90-days is unsure. I expect we will also begin to see a rise in foreclosures as banks begin to accelerate the foreclosure process.

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