Mama Says: 'Call Home'!: Check your Home Foreclosure Temperature! (316 hits)
Crooks and Liars-Professional left weekly, www.facebook.com
Crooks and liars-Professional left weekly.com provides a very heartrending account of the aftermath of the tremendous fraud and avarice , the unconscionable ripoff and theft of the American 'Dream'-their Homes. Follow the foreclosure moratorium's origin here and on facebook. Oh no! Not Fannie Mae and her Sister GNMA!! You be the judge...
Through morally and legally questionable tactics used to dispossess homeowners of their property, banks, mortgage companies, real estate trusts have been halted from carrying out foreclosures for 90 days, as many who have lost their homes may have lost them because of faulty, fraudulent-even forged documents-contrary to state and national laws.
And should not have!
Largely, a product of the sub-prime mortgage schemes that we have witnessed since the early part of this decade, United States homeowners are dealing with a home foreclosure moratorium in all 50 states-most of them anyway.
Taxpayers on both sides of the issues -those who pay mortgage timely or who have received this 'gift' due to being delinquent in paying are either fuming in anger or rejoicing over the reprieve given by virtue of the moratorium having been imposed. Untold undesirable effects are predicted for an already economically bashed economy.
By following what we find out this site and the one cited above, we will discover how it happened as America's mortgage 'mess' unravels .
So, where do you fit in the mortgage fiasco? Fuming mad-especially now after finding out you could have stayed in your home? Leaping for joy at not being required to make payments? At least for 90 days, as the reviews of all of these millions of mortgage records are being reviewed for whether they were serviced properly and in conformity with established legal standards pertaining to the servicing of home mortgages and whether foreclosures were appropriate when they were carried out.
Perhaps most important, what does the law allow you to do under this massive home foreclosure moratorium? What if you could still be in your home under the current rules? What legal actions remain? What should you not think-your mortgage is a just debt?
