Supporting, Informing & Connecting People in Foreclosure

An American Tragedy V2

There are so many American homes that have been foreclosed upon in the past 4 years. A major portion, of which, have been wrongfully foreclosed upon. This in itself is An American Tragedy.

Millions. YES, Millions, upon millions, upon millions. That's how many American homes have been foreclosed in the past 4 years. Think about these families, many for the first time coping with sustained unemployment, without savings, without alternative housing options. It could be me. One hardship life event, it could be you or one of your loved ones.

Why? Why is this happening? Did America suddenly fill up with scumbag deadbeat homeowners who ditched their financial obligations without a concern for the roofs over the heads of their families? I definitely think not!

You see, the loan was hawked by middlemen who got a hefty commission, the worse the loan, the higher the commission. Then, as soon as the documents were signed, that hucksters were on the phone with Wall Street investment firms demanding payment for the amount of the loan. Upon receipt of that money, the crooks sent the documents up the befouled river. More middlemen, one Wall Street Company after another, grabbed onto those documents, each taking a cut of the commission as they set it to sail again.

The next destination was a fund owned by investors. Many were foreign banks, some were US mutual funds for 401K’s, education savings, nest eggs etc. Now, as the foreclosures happen, these foreign banks and US fund investors are broke. Guess who the "BAIL-OUTS" helped? Hint: Not the American families, not the US fund investors.

Now, back to the eviction of millions of Americans from their homes. You see, it's not those investors who are initiating the foreclosures. Nope, they are left out in the cold just like those evicted families. It's those middlemen who are bringing those foreclosure actions, selling off the foreclosed homes and keeping the proceeds.

If you, An American Citizen, get a foreclosure notice:

1) Do not leave your home, and, if you have already left your home,

2) File a complaint with the Office of the Comptroller of the Currency,

3) Arm yourself with education as you defend your home from illegal intruders and criminal home thieves,

4) Learn how to educate yourself and demand that the bank/s that want to take your home and toss you out onto the street has the RIGHT to do so. Educate and learn how to demand that the banks prove that they have the LEGAL RIGHT to do so,

5) Search the internet for help with foreclosure defense.

Start with:

4closurefraud.wordpress.com and

ForeclosureHamlet.org

Stop leaving your homes. Crooks are waiting at the door.

Signed: American Citizens Defending Their Homes

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Comment by stormy sac on February 11, 2012 at 10:37pm: I was about to give up, when I came across this blog. I have been living in my home in sacramento ca. for 9 months without paying the mortgage. I was 4 payments behind when I tried to obtain a home modification, however I am disabled and my dissability award had not gone through at the time, and for income all I could list was food stamps and cash which amounts to about 1100.00 dollars a month. Once that fell through they put my house on the auction to be sold on Nov 21, 2011 and I pleaded with my specialist that I was going to get my award soon, and I did. So they held off. Now, they just keep loosing my paper work and I filed ch 13 bk and I am paying a trustee every month for past tax debt but not for my payment. I am going to stay in my home and do everything I can to obtain some justice for myself and others. The blog has inspired me as well as the story of the lady in Oakland who was able to fend off the wolves and demand for reasonable modification. Stormy in sac

Comment by tara on August 15, 2011 at 2:29am: Thank you, well when I saw my loan being bought and sold left and right a red flag went up! What really caught my eye was when I received a letter stating they had lost a very important signature of mine and be sure to not change any dates when sending my signature in! Another red flag went up! Then I learned about Russ Dalbey and his Cash Flow Business. When I was reading up on his method and different styles of finding the Notes and then selling the Notes. I realized some of his methods were cruel and insensitive. Ethically and morally it was not my cup of tea! So when I heard a couple of guys working on Wall Street in the early 2000. Came up with this brilliant idea to bust the economy by creating trust funds using comercial and residential Promissory Notes. I wasn't surprised the knuckle heads forgot to keep track of the Notes.

In 1999 I bought my home for $100.000 A single Mom and Home owner. I was so proud of my self. Coming from a poor Family with no education to speak of. I had found working in Corp Hotels was very lucrative. I had a socked away a pretty penny into my 401K. I was doing everything right. Then in 2007 I lost my Job, but right before loosing my Job I refid (5.5 30yr fixed) They appraised my home at $302.000. Wow, I thought my home was really worth $302.000. Until the Market dropped! Or should I say crashed! It's been a battle for me ever sense. I used my 401K to pay my Mortgage for a couple of years. Stupid I know, I kick my self everyday. If I knew then what I know now, I'd still have my 401K. Oh Well, I still have my home and I will fight to the bitter end! How I wish I had a Law degree cause I do know there's a clause in the Laws set up by our great Nation. That states if a Bank does anything that might cause the consumer to default! The Banks are held accountable! Plus my loan is a Mers and BofA just as of 8-1-2011 sold or gave (hehe haha) to Fannie Mae. The funny thing is the agent for Fannie Mae said they are only managing the property in case I need help moving. However the notice from Fannie Mae reads; THIS PROPERTY IS NOW OWNED MY Fannie Mae. I sent in a QWR certified and a request my Note, also certified to the Fannie Mae agent. What next a quiet title action?

Comment by Incognito123 on August 14, 2011 at 10:19pm: Ahhh, Ace, yes, we think alike. These last few years continue to open my (and many others) eyes. Problem is, for the most part, the only ones that see all the crimes we do, is mostly the ones in foreclosure, not the others in society that really need to wake up because it effects therm as well, they just don't see it or GET IT!! Amyt, virtually all mortgages have been securitized, and many other violations of property laws, including MERS. eaglett1111, and everyone else, KEEP filing all appropriate complaints, THAT is the only way we will succeed. If only you complain, your viewed as a whiner, but when 50 other people complain about the same person/company, it becomes too much to continue to ignore!! Mongo - FDLG is certainly one of the worst, but they are all bad and doing the same stuff. Look VERY closely at all docs, feel free to send me a message here on FH, or look for me in chat room, and I'll give you my email address and you can send me docs I can review and pinpoint probable violations. tara - ABSOLUTELY CORRECT!!!!

Comment by tara on August 14, 2011 at 7:08pm: "The American Dream as we call it, is now The American Nightmare"

Well, some much for the middle class! The banks and other investors have done a good job at wiping out the middle class in America. Defend your homes America! Learn, research, ask questions, do your home work! We have options! We don't have to loose our homes!

Comment by Jay Hayes on April 17, 2011 at 5:11pm: YOU GOTTA SEE THIS!!!!

http://stopforeclosurefraud.com/2011/04/17/video-sen-levin-grills-g...

Comment by barbara brandkamp on March 8, 2011 at 3:32pm: The financial meltdown driven by the greed of banks, investment banks, brokerage houses and insurance companies was successful because there was no regulatory agency either the New York Stock Exchange, the Federal Government, all auditing companies that would interfere with the extortion, illegal activity, crimes, money laundering and deliberate attempt to drive the United States into total failure.But, these same criminals knew they would "get away with it" because the corruption and complicity of all involved cemented their innoculation against being held to the same standards of ordinary people; they would not be arrested and held accountable. By allowing known piranhas as Tim Geithner, Hank Paulson, Christoper Cox etc. to govern their own disreputable acts and be the conscience of truth and zeal to hunt down the culprits of the subprime mortgage meltdown, provided them with more power to control the outcome of the innocence of the vultures. The complexity of the conspiracy that made a mockery of innocent homeowners by forcing their homes into foreclosure could only be pulled off if "everybody" was on board. The higher up the crime goes the least likely it will be prosecuted. President Obama made laudatory promises during his campaign but once he took office, his promise of transparency was a sick joke because he was surrounded by the very same people who caused the meltdown. It was nothing more than a ponzi scheme that makes Bernie Madoff look like a junior leaguer. Obama's advisors were theiving, lying, lowlifes that did not give a damn about the homeowners of America, but were part and parcel of the meltdown. Every day more banks fail, an FDIC function to be complicit, more people are unemployed because the statistics are skewed. Anyone who stopped looking for a job, or reached the end of their unemployment benefits are no longer counted and of course the percentage to begin with comes from a government agency rife with corruption. The stock market is nothing but a computer driven economic indicator that is falsely inflated so that John Q. Public does not panic. If there was a run on the banks, the house of cards would fold very quickly. See, the joke is on us. The fat pigs of corporate America, the financial sector, the U.S. government are getting something for the foreclosures. Besides being innoculated against any prosecution, these pigs must get some kind of kickback. Otherwise, why would this disgraceful, ongoing circle of deceit, criminal behavior, conspiracy, and blatant disregard for the rule of law continue. Barbara Brandkamp currently being extorted by Chase Home Finance.

Comment by Mongo Laconte on December 28, 2010 at 2:09pm: I just got a letter from the "Florida Default Law Group". They have a questionable history and I have forwarded a concern to the Florida Attorney General. This company has been cited for several fraud allegations and there seems to be reason for concern with this group. Does anyone have any experience with these guys or feedback? Thanks in advance!

Comment by R.Brown on September 5, 2010 at 2:28am: Matt Yeager what state do you live in ?

Comment by Matthew Yeager on May 14, 2010 at 1:27pm: My name is Matt Yeager i had an injury at work on 11 20 07 i had a water storage tank fall on me an blew out a disk in my back i had to have a disk replacement since then i'v been out of work thats when everything started to fall apart my famaliy left me and now i'm 30,000 behind on my mortgage when i recieved my money from my injury i paid my mortgage company 5000 dollars and they held it and didnt put it towards my unpaid balance they just kept it and now i'v recived papers from the courts and with my bad back no one will hire me i went to a lawyer and they say i have to have a job to claim bankruptcy i'm lost and dont know what to do now can anyone point me in the right direction.

Comment by eaglett1111 on May 10, 2010 at 4:18pm: Thank you for this, but unfortunately, the Office of the Comptroller of the Currency is a joke. I have NEVER heard of them doing anything for the benefit of the consumer. They are paid by the banks. I have had my complaint into them for six months; my senators have complained to them on my behalf. THEY DO NOTHING.