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Yes there is such a thing as PREDATORY LENDING, but is it in response to PREDATORY BORROWING ?? If u live in a big city , do u notice all the new cars on the road? Are we in a recession? are'nt jobs being cut and shipped over seas? are'nt expenses up, gas , electricity, cotton, medicine? But we are just going to have that nice new car and max cable and bionic cell phone because we are entittled to one , right? Put it on the card man..
DAN IS APARTMENT PEOPLE AND IT IS UP TO DAN IF HE WANTS SOMETHING DIFFERENT.. LET'S GO OVER THE CHOICES IN DAN'S LIFE..WHO MADE THEM? Did Dan get his Masters electrician? Is Dan constantly upgrading his resume? Is Dan always in a path of education ? Electricians are not just wire cutters, the field goes on and on..Does Dan drink much beer? Does Dan fritter and waste the hours in an offhand way?? Does Dan believe in contraception? Does Dan's wife work ?
@TomLandryHwy I wouldn't expect a broken-dick-dog to live up to you sick standards. YOU NEED A FUCKING HEAD DOCTOR ! Hey, The BANK fucked America. So, we The People say, fuck the banks! Remenber 2008!
@p71280 Sick standards ?/ you mean self reliance? Responsibility? Practicality? Frugality? literacy? As this guy is talking I want to feed him baby food...He is a bowl of mush...Did u have to go to public school with American blacks? Is that why u are entittlment minded ? Buyer beware, just look before you leap..My tax dollars should not be for bailing out ignorant consumers...
@p71280 I will ask just one question: For every dollar that a person is paid in the U.S. for their work, how much do you feel should go to the government?
It is not the loan officers responsibility to explain to this Bubbah dumbfuck that it is a teaser rate, because it is in plain English in the Note that he signed...yes, it would have been the good business.. but not illegal..and not his fault if he did not share with the customer...he is a salesman.. LEARN TO READ..BUYER BEWARE..WE ARE NOT YOUR FRIEND...AND DON'T NEED TO BE...if u don't like us then go somewhere else. That is what runs the markets
@TomLandryHwy ..Are u ready to take arms against the people who loaned u $200,000 dollars and get mad at them because you could not meet the terms that u signed ? Your wife would spread her legs more if she got the dream house she wanted? And that is why u signed the note ? Who are u gonna shoot? the innocent 20 yr old teller at your local Bank of A branch?..Are u gonna shoot the $12 hr cust serv person in Plano or Richardson Tx. or the other 5 mort serv locations ??
@p71280 Jesus taught to render unto Caeser what is Casers, meaning you must adhere to the authority of the land.. Did you know the word mortgage means "Death Pledge ?", because that is how serious it is to borrow so much money. And paying it back is critical not just to the lender but to the whole community because no man is an island. The banks made poor business decisions, but the borrower enabled them to by buying their products without knowing the terms...How foolish is that?
Do some research you will find that...in a foreclosure procedure in court, the bank HAS to produce the original wet ink signature that has been notarized.
If an attorney tries to become a witness they have just subjected themselves to a conflict of interest. There are some courts that have stated: See Porter v. Porter below
Porter v. Porter (N.D. 1979 ) 274 N.W.2d 235 – The practice of an attorney filing an affidavit on behalf of his client asserting the status of that client is not approved, inasmuch as not only does the affidavit become hearsay, but it places the attorney in a position of witness thus compromising his role as advocate.
@He101A The People have the 2nd Amendment. I would never fuck someone on a contract knowing that fact. The last thing I would want is someone comming to my office and put a buttet in my brain, or worse, take it out on my family.
@p71280 If you tricked people and lied people to make money, you better watch out. A lot of people are going crazy these days, so you don't know what might happen.
@atl2tex u liberal piece of dog doo, he should have read his note before signing it. It's all there. Ignorant ass bubbah boy blue collar American. Electrician is a job for Mexicans anyway.....He is mushy worthless not Economically viable person who is irresponsible with his finances. If he does'nt have room for another child then DON'T HAVE ANOTHER CHILD !!. NOT EVEN RABBITS REPRODUCE IN TIMES OF DROUGHT OR FAMINE.
@TomLandryHwy You little fucking bitch. The best part of you ran down your mothers ass crack as she squeezed you out of her smelly urine fulled pussy. You are the remains of a partial birth abortion after your brains were sucked out of your skull, because you aint got a brain. So, you think it a good idea for the bank to removed the kids and whore them out if they don't get the money? Wait, should have read his note, that was included. Eat shit and fuck both you and every bank.
@p71280 Take responsibility for your self..Entitlement minded spineless welfare ward of the government bitch.. Nobody held a gun to their heads.. Your poor and you decide to go into $200, 000.. debt...what a dumbfuck..Boo HOO !! No i don't expect u to be accountable for your own actions.. that is asking too much..
@TomLandryHwy The People have the 2nd Amendment. I would never fuck someone on a contract knowing that fact. The last thing I would want is someone comming to my office and put a buttet in my brain, or worse, take it out on my family.
@traficante911 If this dumbass would of read his note before he signed it he would have known. This is his fault, the bank does not owe you a family with 2 kids and the American dream is not a right,it is earned. He needs to be accountable for himself. This is why education is so important. It's all in the Note or it could not of happened. This is his fault and it is not up the tax payers or the gov. to bail him out. I don't want these damn modifications passed on to my tax dollars do you?
@TomLandryHwy You can take that accountablity shit and stick it up your ass. This is a fucking scam and you know it is. We ALL know it is a scam. We need to put fuckers like you prison.
@VANVALIS What's not to get, the banks screw the average middle class people everyday. And have been for many dacades. Don't ya think they have got'n pretty good at it by know? Truth in lending? Come on, 99% of the folks can't understand 1/10th of the contract. I say the people should fuck the banks. It's not the banks money, it came from the peoples taxes. From day one, it was money that was just printed. Just paper. hahahaha
@p71280 So your saying that they take advantage of them because they are dumbasses, are'nt you?
How come they don't take advantage of me? Why ? because I know how to read. My tax dollars should not pay for your misguided American dream...If your poor then you don't act rich .. or you'll be my slave.......I am a capitalist and I will fuck you up..
@TomLandryHwy The People have the 2nd Amendment. I would never fuck someone on a contract knowing that fact. The last thing I would want is someone comming to my office and put a buttet in my brain, or worse, take it out on my family.
@p71280.. Can I share your sentiment with the F.B.I. who already saw what u said?
The 2nd ammendment is an answer to violent oppression ,not willing mistakes that someone made because they can't read a contract.. there are avenues of litigation for someone who is ripped off.. and they can be quite lucrative...terrorirism gets you no where, over and over for 50 years never has.. I have the 2nd amendment too.. Be responsible for yourself and not ever entittlement minded.
@TomLandryHwy Why not just say, "Can I share your sentiment with the K.G.B.? You are a communist. Now to correct you, The 2nd Amendment protects the right of The People to keep and bear arms. It is NOT the answer to oppression as YOU stated Mr. KGB. But, like you said, some folks are stupid. Mix a stupid person with a gun, then fuck them on a contract, kick them and their family into the street and what might you get? It makes better sense to make less money on mortgage than ZERO.
@p71280 ..Are u ready to take arms against the people who loaned u $200,000 dollars and get mad at them because you could not meet the terms that u signed ? Your wife would spread her legs more if she got the dream house she wanted? And that is why u signed the note ? Who are u gonna shoot? the innocent 20 yr old teller at your local Bank of A branch?..Are u gonna shoot the $12 hr cust serv person in Plano or Richardson Tx. or the other 5 mort serv locations ??
@p71280.. Well we also have laws against people who STEAL.. Should we bring back debtors prison ships like the British used to have? Because the irresponsible borrower affects the whole god damn country and affects everybody in a horrible way...Thanks alot for me paying for your mortagage .. hey .. can I use your shower and toilet since I'm paying for it ?
@TomLandryHwy Yes, we have law against insider trading and embezzlement by Wall Street. Yes, we are making new laws to protect The People. "May you use my toliet", sure, but you better not use the Banks toliet because the Bank will make YOU a debt slave.
This will benefit someone else unfortunately. I am working right now on a house that was bought by a guy I work for, he is renovating it and is planning on selling it. The next person will more than likely go through the same thing, and the same process will be repeated.
Just imagine how many families got destroyed in this Foreclosure criminal system.
Giving people money huge amounts of money 300-400-500.000 $
where 60% of your income goes to Mortgage and mortgage loan increases every year, I mean DO YOU have to a economic genius to figure out this will not LAST.
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The bankers are evil. The entire system is being created to screw people over.
I live in Vancouver Canada. What I'm seeing, is our country is immigrating hundreds of thousands of people per year from asia, and these newcomers buy these outrageously priced small condos, and make payments to the bankers for 30 years for what probably only cost a couple thousand to build. I'm just not convinced it costs $500k to build a small 500sf. apartment. Canada hasn't had the "bubble burst" like the US has.
I empathize with you,Dan. This is another reason why I don't understand people voting against their best interest. Today I'm watching this video while a small percentage of people in this great country are holding the Gov't hostage.
Just because you arent in foreclosure doesnt make you safe and so on.It doesnt mean you got the greatest deal ever or that you one upped them.I do mortgage audits or mortgage securitization audits.I help people detect fraud in their mortgages to stop foreclosure and so on.I have clients that arent in foreclosure come to me to hold banks responsible as well as people in foreclosure.So its on both sides of the fence ya know.Well I hope this lil bit of info helps guys.
The crap people spill abut shouldnt of got a loan you couldnt afford...blah blah blah.Most people got one they could and fell on hard ships.Thats what the banks wanted to happen.Its called predatory foreclosure, you jack asses.thats why in most cases no one got help to fix their issues.The banks wanted the foreclosure to collect insurance on the house.So even if you are in good standing now.You more then likely have fraud commited against you as well.So dont thing you are the contract kings....
Well if you are still in foreclosure just make them produce the note.Note being the contract you signed with the bank.You dont want a copy of your contract they need to show the original "Wet Ink Contract" Not to mention they must show the contract and the deed at the same time to show possession of ownership.And its 90% chance they cant do it because the note was sold on the market.
don't worrie about your houce America need to spend $240.000.000.000.00 in war just pay more federal taxes we are no buddy for the federal goverment I just lost my home in california to I feel your pain buddy
If you sign a contract, you're supposed to READ IT FIRST. If you don't understand it, have a lawyer tell you what you are signing. Why would you trust a salesman (broker, RE agent, etc.) who benefits tremendously on the sale? We don't need a nanny state where the government looks over our transactions.
Did you expect the RE agent to tell you after you buy this house the price will drop? Did you expect the broker to tell the truth? If you feel you are right, bring them to court and fight it!
I firmly believe that we ALL will soon be replevined. The banksters WILL be forced to return the property they have stolen. Nutshell: The borrower signs a note. The lender receives a bond. Those are two different things. If we let them continue with this fraud you are giving houses to brokers who never put up a penny for the funding of the note. We don’t expect free houses, but we certainly don’t expect the brokers to get free houses either which under the current system is clearly the case.
It is really just unacceptable that this guy did not understand the terms of his mortgage. It is even worst that the mortgage broker put this family in a loan like this. I can't think of anything who would want a mortgage that increases in rate and in monthly payments. This broker did not serve these people right. Unfortunately there were so many mortgage brokers like this one.
Back in the 70s there was never anything like this ..you mortgage was set and in 20 years you house was paid for ..they did not sell off your loads ..this guy is right ..people who got loads where cheated ...But one more thing here is you house dose not go up in value in the first 5 years and people took money out of there homes
Awe the American way. Foreclose on Americans so China can buy us out.. All just a matter of time. We own so little of America anymore. They next takeover will not be a battle it will be eviction...... The American Dream That Americans Cant Live..... Fead The World And Starve Your Own Our Forefathers Would Be Proud. !!!!!!!!
Hmm. I wouldn't mind checking the facts behind this, but I know a lot of people use to get cheated when getting mortgages. It was 75% the mortgage brokers fault and 25% there own. Mortgage brokers usually don't explain mortgages very well, adjustable rates, balloon notes etc. I'm a realtor and I've pissed a lot of mortgages guys off buy stopping loans when I thought they were getting my customers on the interest rate (they USE to make money upping interest)
Whether the guy made a mistake and got ahead of himself or not; why are people bashing him and calling him names?...There's some cold hearted people out there. You know what you uncaring pricks?...the same thing is going to happen to you 3 X over for not having any sympathy or empathy for people who get caught in the system's snare.
You all amaze me judging someone so harshly like you've never made mistakes. You have no compassion for others, no one will have compassion for you!!!!
@hotdogitsemily No One force his Fat Ass to sign the papers? i know lot's of people that have lost there job And they get another Job and may i say They Get not just One But 2 JOB'S!!!! To Pay for there "House" they do it for the Kid's!!! so no tears here from ME!! And Yes he is very Layz...
The system of mortgage finance was set up in such a way so that the borrower is put in a position that they are dealing with professionals that guide them through the process (you know like that confusing HUD Form), now after everything blows up who's fault is it really? I'm for seeing bankers in prison.
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There's not much information given in this story. I see the house, and it is not worth $2,700 per month. Dan moves awfully slow like an old dinosaur movie; he really should take better care of his health since he has a family to support. Dan and his family should have moved to the mid-west where the lower costs and slower pace would likely better suit them.
The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn. “Operation Empty Promises,” a multi-agency law enforcement initiative today announced more than 90 enforcement actions including FHTM.
this guy should be more worried about supporting himself before finding where he can stick his pee pee at, it got him 2 kids that costs you more than just an arm and leg. and you should have not had kids being it costs money. i know he loves kids and so do i but if you can not aford mortgages do not have kids, i blame him for his problems
Some of these people on here calling this poor guy a fat slob, you know, I have never even heard of a "teaser rate". I have heard of "ARM" so you aholes who put this working guy down, are sick. You must be in your early 20's and don't know anything.
dont fee to bad i letmy house go to the bank and it wasnt the interest rate. It was because the value of the property dropped over 200000 so you may have been lucky
its to bad Dan has not read Mary croft book. because the house and the loan was paid for in full the day he sign the papers. how is it that the one who finance the loan be forced to repay the loan. anyway the agent did not disclosure all the terms of the alleged contract, therefor making it a unconscionable contract. all i can say is fight them every step of the way good luck.
I feel sorry for these folks. There are many like them. However, how is it any fault of the real estate agent unless they gave them the loan. The mortgage and all it's terms are between the lender and the borrower. In most cases the real estate agent just shows homes based on what the purchaser tells them they are looking for. Another thing if the buyers would actually read the loan documents at or before the closing...a lot of these instances would be avoided.
Typical breeder sob story. Fat ugly slob should have bought within his means, paid the mortgage and not wished have so many kids that will have his unfortunate looks. Sick of these fucken boo hoo tissue box stories. Now he wants a handout to save his big ass. Nauseating.
@StSimonMartyr Goes to show what a f-ing idiot you really are...Ive been a real est appraiser (business owner) for 30 yrs, it doesnt happen, if someone told you that its BS...you are a ignorant fool pal. Ive seen what really happens...THEY KEPT TAKING EQUITY OUT UNTIL THERE WAS NONE ASSWIPE!!!!!!
By Barry Ritholtz - Dec 29th, 2010 “In one of the more bizarre foreclosure cases, Bank of America is threatening to throw a West Hartford family out of their home even though the couple never missed a mortgage payment.
All this is happening even though the bank – after admitting it erred and sent a letter of apology in September – handed this case to a special unit at Bank of America."
@TheNewMusicNetwork, did I just press the right button? Did we stupid buy a house that we couldn't afford or deserve. I guess we did hahahahahahahaha.
@TheNewMusicNetwork, did I just press the right button? Did we stupidly buy a house that we couldn't afford or deserve. I guess we did hahahahahahahaha.
MANY people ...intelligent & educated were very cleverly taken advantage of....so dont beat up the person because someone..perhaps unfeeling & uncaring like yourself got very greedy...I peronally would like them ALL to see the inside of prison...and if that doesnt work...I believe in the street version of justice...unless you are ever placed in a position of having to leave & lose the santicity of your home. dont pass judgement...I feel bad for the thousands who were also taken advantage of.
Sad story Dan. Most of the people who criticize you for making what they call a stupid decision only speak from the standpoint of ignorance themselves. They don't understand the abuse these banks commit when you rub them the wrong way and fall into hardship. We hire Brokers,Realtor and Appraisers to make professional decisions and seek our best interest. Instead many compulsively mislead for their own selfish gain! Not to worry...your critics will pay for the cleanup too.
I feel sorry for the man but his stupidity put him in the position he is in? did he not read what he was signing? Blame everyone else for your stupidity if it makes you feel better. Move on and READ everything and question anything you don't understand BEFORE signing it.
I was a loan officer for 8 years. I don't feel sorry for this guy, he fell for the lies when us honest loan officers were trying to tell him the truth. I always gave honest numbers to my customers, but a lot of them fell for the teaser rates when we tried to warn them otherwise!
How about bailing out people like Dan? Normal hardworking everyday average joes? But no, we have to bail out rich fat cats like AIG and the Madoff investors who got bite in the ass by their own greed. EAT THE RICH!
It was greed all around...house contractor, banks and people looking for homes all looking to get rich....and they all thinking home prices will always go up...WRONG! BOOM! bubble burst and now these clowns crying ..i do not feel pity for these dumbshitts...nobody forced you to sign the contract
I had common sense not to buy a $400,000 home which i was approved for..yes..approved...but i had common sense..NO I WONT DO IT..so you people who did...FUCK YOU..who cares
I feel bad for this guy, but start reading documents that you sign off on....that's why there is a closing and you have the option to hire an attorney. People sit down at real estate closings and sign documents for 30 minutes or more. You would think they would read the documents, ask questions and educate themselves on what they are signing up for. People are so ready to blame everyone else - take responsibility and be held accountable.
@moniequa bank will never do any loan mod... unless they know they going to loss big .. if you are break even or FHA loan .. you can forget about getting an loan mod.. they will force you to auction .. best way is to got news media.. which damage their business..and you can win .. .
You have got to read your contract. It is alllllll right there. Yes the contract is long. But it is loan that is going to last 30 years of your life..probably want to sit down and check it out. Better yet throw a lawyer a franklin and have him read it. that 100 could have saved you tens of thousands. Don't be a victim. Or better yet stop borrowing money...save and pay cash. what? not everyone can save enough money? THEN U CANT AFFORD THE HOUSE
Bank of America is CRIMINAL. Besides all the things they do to credit cards, they are the MAIN PERPETRATOR of Foreclosure Fraud, throwing people out of their homes by forging the documents. DEMAND that your bank produce YOUR ORIGINAL mortgage note with your "wet ink" signature (a copy is insufficient, just like a copy of a dollar bill is not a dollar). If the bank cannot produce YOUR original signed note, they can be sued for the mortgage amount +3 times the amt. They've been caught FORGING.
and How does this guy know if your realistate agent told you it was just a teaser rate......people lie all the time sham sham and i don't think its greed to try to provided for your family all banks are trying to take our dreams away at the cost of banks being rich.......but in canada common decency well you know i can't even say that if our banks decided to up the interest rate here we will be introuble look around the whole world economics england france and so on. it's all crashing
i live up in canada and i'm just shocked that your realistate agent would have any say on what your mortgage payment would be up here in canada your bank and you are the only ones that negos. that rate we have a veribile rate that you don't have to lock in and the interest is low but can flex up or down riskaa and then you have a prime lending rate that you lock in for how many years 5 to 20 but for a higher lendind rate and all the fee's that you pay are and whats with the.
Free Advice: if you have to go to a mortgage broker, you can't afford to buy a house. If you can't walk into a bank and qualify for a mortgage, DON'T BUY!!!
electricians and other trades do very well in Canada. They have sought after skills. I just paid $600 to my bricklayer today for 7 hours of tuckpointing work.
I'm a real estate investor & realtor. There is no way on God's green earth that people don't know what kind of loan they sign for, and if for some stupid reason they didn't know, please remind them to breathe too. You lose your job and then lose your house is one thing. To blame other people for your stupid & greedy decisions in buying wrong is another.
I bought my condo 12 years ago by myself, I got a 1 bed room because that is all that I needed, I bought within my MEANS, this place is very nice, around 1300 sq ft with balcony and a storage closet off the balcony. I refinanced with a a fixed rate once again, and shaved 15 years off my original loan, I am still in this condo, now happily married and paying this sucker off, toward the principal, it will be ours in 7 years, these people who bought way too much house, & over paid for what they got
@fairiegirlga Your statement implies that you have common sense, which according to most people posting here would make you part of the wealthy elite who live to make the lives of the "less fortunate" (ie. stupid or lazy) a living hell. I congratulate you on your ability to make proper choices. We must not be fooled into thinking that because a bunch of fools make bad business decisions this means we are a horrible society. People need to take responsibility for their actions.
@0manoscar Well, I was a single gal up until 2 years ago, I was a corporate executive receptionist for around 30 of my working years, I worked for a toltal of 35 years, and like I said, I bought within my means, my condo listed at 52.9K and i got my loan at that time thru Fannie Mae first time buyer and refinanced with Wachovia when the interest rates droped, it was a "No brainer", buy what you really need, your friends and neighbors will not step up for you when things go wrong !
I created piggybankblog com for all those who have been abused by Bank of Destroying America's potentially irregular, fraudulent and simply abusive home loan modification. I was inspired by your youtube to put a section for move your money campaign.
You are actually in one of my youtubes I made at piggybankblog com It is the one that plays "burning down the house music" You should come check it out.
Now that Obama is passing reforms so this shit cannot happem again. The American people are attacking him for it. Sorta like throwing rocks at the firefighters, while they are trying to save your house. Dumb Ass GOP. You fools are going to believe their lies and reelect them again. I guess for their encore they will finish killing off the American Middle Class. Just how stupid are some Americans?
your P-note, spelled out the amount of your monthly principal and interest payment, and if escrowed the estimated yearly cost added in with the condition that if taxes and Insurance increases/decreases your monthly payment will adjust accordingly up or down. But your principal and interest amount remains the same., unless an ARM loan. This was provided to you at closing, prior to signing. They provided you with the actual amount ,if you did not take the time to read that and signed, its on you..
@Chess3945: i read myy statements I still remember those wolves knocking at my door. One wolf actuall called me stupid for not taking advantage of the housing market, by refinancing. I own my own home, bought it cash. Cell phone towers was a great investment. I remember how some of them were even rude to me, by attacking my mental abilities. I saw one of those idiots last week. He was telling me how he lost his house. I all I could say was"now who is the stupid one". .
@hiiamrick You were very smart, you didnt fall into the trap of refinancing a home you already owned...well duh, lets see I own it out right, and oh you want me to take out a loan and make payments...ahh that would be a big NOPE! Very very smart! and how appropriate your in your home and he lost his. You definately did not have "sucker" written on your forehead. Very smart indeed!
@Chess3945: You should have seen the abuse that I had to encounter. Because I said no. They were like roaches comming out of the wood work attacking me. Telling me I could get ten of thoiusands of dollars just to refinance. But after i paid off the house, all i got is insurance and taxes. Might have to get a small loan to fix my roof. Damn a loan I got $6000 in the bank to fix it, just got to let it grow. I might have to move to Canada, if the GOP comes back into power.
@hiiamrick Bank reform laws were definately needed. Basing a loan on credit scores and not on income was plain stupidity. Both the borrower and the Banks took advantage of that. Greed. Gee your score qualifies you for 250,000, and they took it. Only to realize their income could support only a 150,000 home. And here we are in a foreclosure nightmare. Not to say all of it is due to that, loss of jobs are a huge factor as well.
@Chess3945: While Obama is trying to reform that very same system, the GOP is throwing rocks by saying that the Obama's reforms are Socilism. Dude I recently visited Atlanta, where the the job loss situation is severe. I met an ex CEO, that was waiting on my table, he told me that when his company folded he had to let go of his12 employees also. People just don't understand that Bush's deregularation was a major cause of our current situation.
@hiiamrick aggressive mortgage brokers are also a huge part of this mess, promising low income homeowners the ability to refinance a loan, from an ARM to a fixed prior to the recast, just didnt work. WHY? because when they went to refinance, they checked income and income couldnt support payment. The ARM adjusted them right out of their homes.
bank are greedy so the government too.
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dailypaymachine 6 days ago
Hey everybody, this "TomLandryHwy" it really fucked in the head. Came anyone send him a Doctor?
p71280 1 month ago
Yes there is such a thing as PREDATORY LENDING, but is it in response to PREDATORY BORROWING ?? If u live in a big city , do u notice all the new cars on the road? Are we in a recession? are'nt jobs being cut and shipped over seas? are'nt expenses up, gas , electricity, cotton, medicine? But we are just going to have that nice new car and max cable and bionic cell phone because we are entittled to one , right? Put it on the card man..
TomLandryHwy 1 month ago
@TomLandryHwy The BANKS have charged way too much interest for deacades. The BANKS are murders. DEATH TO THE BANKS !
p71280 1 month ago
If you loan someone money do u like it if they can't pay u back ?, or do you like to just give money away?
TomLandryHwy 1 month ago
Yes if you can't pay a car loan or a house note you may get it taken back from you..Does anybody see a problem with that?
TomLandryHwy 1 month ago
@TomLandryHwy YES, THE UNITED STATE OF AMERICA HAS A PROBLEM WITH THE FUCKING BANKS !
p71280 1 month ago
Mortgage brokers are crap. Just go right to a COMMUNITY bank or credit union, face to face, take your time, and make an educated decision.
ethjohns 1 month ago
@ethjohns Yes go to a community bank..AND read the NOTE !!!
TomLandryHwy 1 month ago
DAN IS APARTMENT PEOPLE AND IT IS UP TO DAN IF HE WANTS SOMETHING DIFFERENT.. LET'S GO OVER THE CHOICES IN DAN'S LIFE..WHO MADE THEM? Did Dan get his Masters electrician? Is Dan constantly upgrading his resume? Is Dan always in a path of education ? Electricians are not just wire cutters, the field goes on and on..Does Dan drink much beer? Does Dan fritter and waste the hours in an offhand way?? Does Dan believe in contraception? Does Dan's wife work ?
TomLandryHwy 1 month ago
@TomLandryHwy I wouldn't expect a broken-dick-dog to live up to you sick standards. YOU NEED A FUCKING HEAD DOCTOR ! Hey, The BANK fucked America. So, we The People say, fuck the banks! Remenber 2008!
p71280 1 month ago
@p71280 Sick standards ?/ you mean self reliance? Responsibility? Practicality? Frugality? literacy? As this guy is talking I want to feed him baby food...He is a bowl of mush...Did u have to go to public school with American blacks? Is that why u are entittlment minded ? Buyer beware, just look before you leap..My tax dollars should not be for bailing out ignorant consumers...
TomLandryHwy 1 month ago
@TomLandryHwy Call this number 1-800-262-2463, it's a Mental Health Hotline Number and Referral Resource. YOU NEED A FUCKING HEAD DOCTOR !
p71280 1 month ago
@p71280 I will ask just one question: For every dollar that a person is paid in the U.S. for their work, how much do you feel should go to the government?
TomLandryHwy 1 month ago
@TomLandryHwy Tax the banks! ;-)
p71280 1 month ago
They fucked themselves// It is in the note.
TomLandryHwy 1 month ago
The Tauras Judge in one's own home is an excellent example of the 2nd amendment.
TomLandryHwy 1 month ago
It is not the loan officers responsibility to explain to this Bubbah dumbfuck that it is a teaser rate, because it is in plain English in the Note that he signed...yes, it would have been the good business.. but not illegal..and not his fault if he did not share with the customer...he is a salesman.. LEARN TO READ..BUYER BEWARE..WE ARE NOT YOUR FRIEND...AND DON'T NEED TO BE...if u don't like us then go somewhere else. That is what runs the markets
TomLandryHwy 1 month ago
@TomLandryHwy ..Are u ready to take arms against the people who loaned u $200,000 dollars and get mad at them because you could not meet the terms that u signed ? Your wife would spread her legs more if she got the dream house she wanted? And that is why u signed the note ? Who are u gonna shoot? the innocent 20 yr old teller at your local Bank of A branch?..Are u gonna shoot the $12 hr cust serv person in Plano or Richardson Tx. or the other 5 mort serv locations ??
TomLandryHwy 1 month ago
@TomLandryHwy Man! You really are sick. You really need to see a Doctor. Do you go to chruch? Read the bible, about Jesus.
p71280 1 month ago
@p71280 Jesus taught to render unto Caeser what is Casers, meaning you must adhere to the authority of the land.. Did you know the word mortgage means "Death Pledge ?", because that is how serious it is to borrow so much money. And paying it back is critical not just to the lender but to the whole community because no man is an island. The banks made poor business decisions, but the borrower enabled them to by buying their products without knowing the terms...How foolish is that?
TomLandryHwy 1 month ago
@TomLandryHwy "render unto Caeser what is Casers", meaning = (pay your taxes). "Mortgage means Death Pledge", okay, DEATH TO THE BANKS ! :-)
p71280 1 month ago
Do some research you will find that...in a foreclosure procedure in court, the bank HAS to produce the original wet ink signature that has been notarized.
If an attorney tries to become a witness they have just subjected themselves to a conflict of interest. There are some courts that have stated: See Porter v. Porter below
MsLawman7 1 month ago
Porter v. Porter (N.D. 1979 ) 274 N.W.2d 235 – The practice of an attorney filing an affidavit on behalf of his client asserting the status of that client is not approved, inasmuch as not only does the affidavit become hearsay, but it places the attorney in a position of witness thus compromising his role as advocate.
MsLawman7 1 month ago
people had 9 home loans in five states no job .people took out home loan on dead people
sha370z 1 month ago
home that where 140,000 in 1996 got up to $780,000 for the same house old nasty home where
$400,000 in 2005 90 year home just nasty
sha370z 1 month ago
The lenders didn't lie. They said, it was a teaser rate, and you should have the contract before you signed it too bad!
He101A 1 month ago
@He101A The People have the 2nd Amendment. I would never fuck someone on a contract knowing that fact. The last thing I would want is someone comming to my office and put a buttet in my brain, or worse, take it out on my family.
p71280 1 month ago
@p71280 If you tricked people and lied people to make money, you better watch out. A lot of people are going crazy these days, so you don't know what might happen.
He101A 1 month ago
@He101A You disrespectful little shit. Fuck off !!!
p71280 1 month ago
@He101A We did'nt know that Americans are so damn ignorant and can't read...Oh, wait YES We did..!!!
TomLandryHwy 1 month ago
god bless the bankers
UddinNo1 2 months ago
hey for more information on foreclosures go to myforclosuresdotcom
Staxxxmediagroup 2 months ago
truth & lending ?
RELATEDXXX 2 months ago
This has been flagged as spam show
If you need to check out Free List of Foreclosures go to this website
>> myforeclosure . info
jamesdixon137 2 months ago
Great channel! Just wanted to drop in and say hi!
JaxInvest 3 months ago
Love it...it so true....
Come As You Are Community Development
atl2tex 3 months ago
@atl2tex u liberal piece of dog doo, he should have read his note before signing it. It's all there. Ignorant ass bubbah boy blue collar American. Electrician is a job for Mexicans anyway.....He is mushy worthless not Economically viable person who is irresponsible with his finances. If he does'nt have room for another child then DON'T HAVE ANOTHER CHILD !!. NOT EVEN RABBITS REPRODUCE IN TIMES OF DROUGHT OR FAMINE.
TomLandryHwy 2 months ago
@TomLandryHwy You little fucking bitch. The best part of you ran down your mothers ass crack as she squeezed you out of her smelly urine fulled pussy. You are the remains of a partial birth abortion after your brains were sucked out of your skull, because you aint got a brain. So, you think it a good idea for the bank to removed the kids and whore them out if they don't get the money? Wait, should have read his note, that was included. Eat shit and fuck both you and every bank.
p71280 1 month ago
@p71280 Take responsibility for your self..Entitlement minded spineless welfare ward of the government bitch.. Nobody held a gun to their heads.. Your poor and you decide to go into $200, 000.. debt...what a dumbfuck..Boo HOO !! No i don't expect u to be accountable for your own actions.. that is asking too much..
TomLandryHwy 1 month ago
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@TomLandryHwy The People have the 2nd Amendment. I would never fuck someone on a contract knowing that fact. The last thing I would want is someone comming to my office and put a buttet in my brain, or worse, take it out on my family.
p71280 1 month ago
Thumbs down cause its sad but thumbs up for being courageous enough to talk.
traficante911 4 months ago
@traficante911 If this dumbass would of read his note before he signed it he would have known. This is his fault, the bank does not owe you a family with 2 kids and the American dream is not a right,it is earned. He needs to be accountable for himself. This is why education is so important. It's all in the Note or it could not of happened. This is his fault and it is not up the tax payers or the gov. to bail him out. I don't want these damn modifications passed on to my tax dollars do you?
TomLandryHwy 2 months ago
@TomLandryHwy You can take that accountablity shit and stick it up your ass. This is a fucking scam and you know it is. We ALL know it is a scam. We need to put fuckers like you prison.
p71280 1 month ago
That's why I work with a real estate attorney to fight these greedy bastards
traficante911 4 months ago
I don't get it. If it was not in the truth in lending statement why can't he stop them from taking his house? This must not be the full story.
VANVALIS 4 months ago 2
@VANVALIS What's not to get, the banks screw the average middle class people everyday. And have been for many dacades. Don't ya think they have got'n pretty good at it by know? Truth in lending? Come on, 99% of the folks can't understand 1/10th of the contract. I say the people should fuck the banks. It's not the banks money, it came from the peoples taxes. From day one, it was money that was just printed. Just paper. hahahaha
p71280 1 month ago
@p71280 So your saying that they take advantage of them because they are dumbasses, are'nt you?
How come they don't take advantage of me? Why ? because I know how to read. My tax dollars should not pay for your misguided American dream...If your poor then you don't act rich .. or you'll be my slave.......I am a capitalist and I will fuck you up..
TomLandryHwy 1 month ago
@TomLandryHwy The People have the 2nd Amendment. I would never fuck someone on a contract knowing that fact. The last thing I would want is someone comming to my office and put a buttet in my brain, or worse, take it out on my family.
p71280 1 month ago
@p71280.. Can I share your sentiment with the F.B.I. who already saw what u said?
The 2nd ammendment is an answer to violent oppression ,not willing mistakes that someone made because they can't read a contract.. there are avenues of litigation for someone who is ripped off.. and they can be quite lucrative...terrorirism gets you no where, over and over for 50 years never has.. I have the 2nd amendment too.. Be responsible for yourself and not ever entittlement minded.
TomLandryHwy 1 month ago
@TomLandryHwy Why not just say, "Can I share your sentiment with the K.G.B.? You are a communist. Now to correct you, The 2nd Amendment protects the right of The People to keep and bear arms. It is NOT the answer to oppression as YOU stated Mr. KGB. But, like you said, some folks are stupid. Mix a stupid person with a gun, then fuck them on a contract, kick them and their family into the street and what might you get? It makes better sense to make less money on mortgage than ZERO.
p71280 1 month ago
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@p71280 ..Are u ready to take arms against the people who loaned u $200,000 dollars and get mad at them because you could not meet the terms that u signed ? Your wife would spread her legs more if she got the dream house she wanted? And that is why u signed the note ? Who are u gonna shoot? the innocent 20 yr old teller at your local Bank of A branch?..Are u gonna shoot the $12 hr cust serv person in Plano or Richardson Tx. or the other 5 mort serv locations ??
TomLandryHwy 1 month ago
@p71280.. Well we also have laws against people who STEAL.. Should we bring back debtors prison ships like the British used to have? Because the irresponsible borrower affects the whole god damn country and affects everybody in a horrible way...Thanks alot for me paying for your mortagage .. hey .. can I use your shower and toilet since I'm paying for it ?
TomLandryHwy 1 month ago
@TomLandryHwy Yes, we have law against insider trading and embezzlement by Wall Street. Yes, we are making new laws to protect The People. "May you use my toliet", sure, but you better not use the Banks toliet because the Bank will make YOU a debt slave.
p71280 1 month ago
fraud all of it
superbeauthy 4 months ago
Free Forensic Mortgage Audit to Stop Foreclosures and Stay In Home
HALT-FORECLOSURES . com
RecessionProofFree 5 months ago
people took out home loans on dead people . one guy had 20 home loans
people had 8 or 9 home loans in five states saying they made $400,000 a year
when they have no cash flow
sha370z 5 months ago
Free foreclosure defense info go to w w w StopForeclosure .LA or call us at 888-2559999
ForeclosureMD 5 months ago
There's a special place in hell for these liars!!!
ForceWinds3 5 months ago
This will benefit someone else unfortunately. I am working right now on a house that was bought by a guy I work for, he is renovating it and is planning on selling it. The next person will more than likely go through the same thing, and the same process will be repeated.
UniverseOffspring 5 months ago
Just imagine how many families got destroyed in this Foreclosure criminal system.
Giving people money huge amounts of money 300-400-500.000 $
where 60% of your income goes to Mortgage and mortgage loan increases every year, I mean DO YOU have to a economic genius to figure out this will not LAST.
aviomaster 5 months ago
@aviomaster You Can Stop Foreclosure Today CALL US TODAY 877-291-4645
Mortgage Modifications Quickly meets people driving in their own mortgage loan with providers who are able to assistance these folks maintain their own household by way of modifying their own active mortgage. There are numerous foreclosures elimination gives you available, then again we're the best while in the place plus many of us give the highest agreed payment for the speediest kind.
pttugasuk 5 months ago
Dan,
You are our hero!
Do not give up!
razban01 5 months ago
It is unfortunate how familiar his story is. It feels like too many people close to me are going through similar situations
CheeseburgerParade23 6 months ago
The bankers are evil. The entire system is being created to screw people over.
I live in Vancouver Canada. What I'm seeing, is our country is immigrating hundreds of thousands of people per year from asia, and these newcomers buy these outrageously priced small condos, and make payments to the bankers for 30 years for what probably only cost a couple thousand to build. I'm just not convinced it costs $500k to build a small 500sf. apartment. Canada hasn't had the "bubble burst" like the US has.
wakeupscreaming 6 months ago
payments are a trap
sha370z 6 months ago
I empathize with you,Dan. This is another reason why I don't understand people voting against their best interest. Today I'm watching this video while a small percentage of people in this great country are holding the Gov't hostage.
Chazonline56able 6 months ago
The only thing is Vision I don't understand all the jargon when they have you sign papers do you have any advice on this like on closing and such
dashandrepeat 6 months ago
Just because you arent in foreclosure doesnt make you safe and so on.It doesnt mean you got the greatest deal ever or that you one upped them.I do mortgage audits or mortgage securitization audits.I help people detect fraud in their mortgages to stop foreclosure and so on.I have clients that arent in foreclosure come to me to hold banks responsible as well as people in foreclosure.So its on both sides of the fence ya know.Well I hope this lil bit of info helps guys.
rewire69 6 months ago
The crap people spill abut shouldnt of got a loan you couldnt afford...blah blah blah.Most people got one they could and fell on hard ships.Thats what the banks wanted to happen.Its called predatory foreclosure, you jack asses.thats why in most cases no one got help to fix their issues.The banks wanted the foreclosure to collect insurance on the house.So even if you are in good standing now.You more then likely have fraud commited against you as well.So dont thing you are the contract kings....
rewire69 6 months ago
Well if you are still in foreclosure just make them produce the note.Note being the contract you signed with the bank.You dont want a copy of your contract they need to show the original "Wet Ink Contract" Not to mention they must show the contract and the deed at the same time to show possession of ownership.And its 90% chance they cant do it because the note was sold on the market.
rewire69 6 months ago
I thought electricions were good at math. Duh!!!!!!!
liam13coins 6 months ago
@liam13coins kinda insensitive, dont u think? he said he was lied to. doesnt matter how good you are at math.
dashfront21 6 months ago
don't worrie about your houce America need to spend $240.000.000.000.00 in war just pay more federal taxes we are no buddy for the federal goverment I just lost my home in california to I feel your pain buddy
california342 7 months ago
If you sign a contract, you're supposed to READ IT FIRST. If you don't understand it, have a lawyer tell you what you are signing. Why would you trust a salesman (broker, RE agent, etc.) who benefits tremendously on the sale? We don't need a nanny state where the government looks over our transactions.
Did you expect the RE agent to tell you after you buy this house the price will drop? Did you expect the broker to tell the truth? If you feel you are right, bring them to court and fight it!
jjenson2006 7 months ago
I firmly believe that we ALL will soon be replevined. The banksters WILL be forced to return the property they have stolen. Nutshell: The borrower signs a note. The lender receives a bond. Those are two different things. If we let them continue with this fraud you are giving houses to brokers who never put up a penny for the funding of the note. We don’t expect free houses, but we certainly don’t expect the brokers to get free houses either which under the current system is clearly the case.
AceOfHeart2012 7 months ago
It is really just unacceptable that this guy did not understand the terms of his mortgage. It is even worst that the mortgage broker put this family in a loan like this. I can't think of anything who would want a mortgage that increases in rate and in monthly payments. This broker did not serve these people right. Unfortunately there were so many mortgage brokers like this one.
Gofightsystem 7 months ago
Back in the 70s there was never anything like this ..you mortgage was set and in 20 years you house was paid for ..they did not sell off your loads ..this guy is right ..people who got loads where cheated ...But one more thing here is you house dose not go up in value in the first 5 years and people took money out of there homes
patriciaannpat 7 months ago
HAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAH!
navyseal100 7 months ago
This has been flagged as spam show
Awe the American way. Foreclose on Americans so China can buy us out.. All just a matter of time. We own so little of America anymore. They next takeover will not be a battle it will be eviction...... The American Dream That Americans Cant Live..... Fead The World And Starve Your Own Our Forefathers Would Be Proud. !!!!!!!!
gunnguy12 7 months ago
Hmm. I wouldn't mind checking the facts behind this, but I know a lot of people use to get cheated when getting mortgages. It was 75% the mortgage brokers fault and 25% there own. Mortgage brokers usually don't explain mortgages very well, adjustable rates, balloon notes etc. I'm a realtor and I've pissed a lot of mortgages guys off buy stopping loans when I thought they were getting my customers on the interest rate (they USE to make money upping interest)
MobileHomeTours 8 months ago
Never buy a Fraudulent Toll Brothers Home.........Must View: YouTube......................
Looking For Schmucks
hbloch1 8 months ago
I am so sorry for your family-been there
pushycatpops 8 months ago
Whether the guy made a mistake and got ahead of himself or not; why are people bashing him and calling him names?...There's some cold hearted people out there. You know what you uncaring pricks?...the same thing is going to happen to you 3 X over for not having any sympathy or empathy for people who get caught in the system's snare.
You all amaze me judging someone so harshly like you've never made mistakes. You have no compassion for others, no one will have compassion for you!!!!
atlasshrugged2u 8 months ago
This Guy is a no good "Layz" Dumb Fuk!! He shouldnt of bought this house if he couldnt afford it!!!
TheSGV626 9 months ago
@TheSGV626 Really? Did you not hear the part about him being lied to on the mortgage papers?
hotdogitsemily 8 months ago
@hotdogitsemily No One force his Fat Ass to sign the papers? i know lot's of people that have lost there job And they get another Job and may i say They Get not just One But 2 JOB'S!!!! To Pay for there "House" they do it for the Kid's!!! so no tears here from ME!! And Yes he is very Layz...
TheSGV626 8 months ago
The system of mortgage finance was set up in such a way so that the borrower is put in a position that they are dealing with professionals that guide them through the process (you know like that confusing HUD Form), now after everything blows up who's fault is it really? I'm for seeing bankers in prison.
rhastaman1960 9 months ago
congratulations you dumb motherfucker!
You bought a house when the rate was low, but the rate always goes up!
You shouldnt bought this house if you couldnt afford it, do the fucking math!
loki04sw 9 months ago
Visit this website page to stop foreclosure immediately! (icansuemylender . com) the reason the website name is separated youtube wont let you post websites as comments. It Saved MINE HOME!!
ANYSIA000 9 months ago
This has been flagged as spam show
If your one of these people that have been abused by the banks visit this website to save your home (icansuemylender . com) the reason the website name is separated youtube wont let you post websites as comments. Please look at this if you want to save your home. IT SAVED MINE!!
lorenzooliver714 10 months ago
There's not much information given in this story. I see the house, and it is not worth $2,700 per month. Dan moves awfully slow like an old dinosaur movie; he really should take better care of his health since he has a family to support. Dan and his family should have moved to the mid-west where the lower costs and slower pace would likely better suit them.
rmsmith1126 10 months ago
someday......
SOLID2INFINITY 10 months ago
This has been flagged as spam show
The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn. “Operation Empty Promises,” a multi-agency law enforcement initiative today announced more than 90 enforcement actions including FHTM.
divabikinis 10 months ago
this guy should be more worried about supporting himself before finding where he can stick his pee pee at, it got him 2 kids that costs you more than just an arm and leg. and you should have not had kids being it costs money. i know he loves kids and so do i but if you can not aford mortgages do not have kids, i blame him for his problems
floridaman2000 10 months ago
@floridaman2000 Okay, so you are an asshole. You have that right.
p71280 1 month ago
Financial markets in the U.S are more of a threat then anything.
jazznfusion68 11 months ago
Some of these people on here calling this poor guy a fat slob, you know, I have never even heard of a "teaser rate". I have heard of "ARM" so you aholes who put this working guy down, are sick. You must be in your early 20's and don't know anything.
ymdunn 11 months ago
dont fee to bad i letmy house go to the bank and it wasnt the interest rate. It was because the value of the property dropped over 200000 so you may have been lucky
with realestate going downhill.
starkeep2 11 months ago
its to bad Dan has not read Mary croft book. because the house and the loan was paid for in full the day he sign the papers. how is it that the one who finance the loan be forced to repay the loan. anyway the agent did not disclosure all the terms of the alleged contract, therefor making it a unconscionable contract. all i can say is fight them every step of the way good luck.
prosay1 1 year ago
@prosay1 Watch this video:
Pro se litigant Sandra Ford slams Wells Fargo in NJ as in Ohio, will NH follow suit?
KingCast65 11 months ago
I feel sorry for these folks. There are many like them. However, how is it any fault of the real estate agent unless they gave them the loan. The mortgage and all it's terms are between the lender and the borrower. In most cases the real estate agent just shows homes based on what the purchaser tells them they are looking for. Another thing if the buyers would actually read the loan documents at or before the closing...a lot of these instances would be avoided.
TheRealEstateStation 1 year ago
My song "THE WOLD" talks about the times people are going through right Now. Please check it out.
ty ....JAH-K
JustAnotherHumanKind 1 year ago
Typical breeder sob story. Fat ugly slob should have bought within his means, paid the mortgage and not wished have so many kids that will have his unfortunate looks. Sick of these fucken boo hoo tissue box stories. Now he wants a handout to save his big ass. Nauseating.
wauquelin 1 year ago
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@wauquelin Go suck your mother's cock.
NewYorkCityUSA7 1 year ago
You blame the economy on Joe Average, who cant pay his mortgage as all our money goes to bailing out Banksters, debt interest and War.
He had nothing to do with it.
Many people have never missed a payment are in foreclosure.
Banks suck.
Shillstein
StSimonMartyr 11 months ago
@StSimonMartyr Um how does someone who never pissed a pmt end up in foreclosure? You sir are an IDIOT!!!!
dasconnington 10 months ago
Theres Dozens of such stories...read jackass
Banks sell mortgages, process centers dont forward payments, etc etc
Banks are not your friend, dipstick
StSimonMartyr 10 months ago
@StSimonMartyr Goes to show what a f-ing idiot you really are...Ive been a real est appraiser (business owner) for 30 yrs, it doesnt happen, if someone told you that its BS...you are a ignorant fool pal. Ive seen what really happens...THEY KEPT TAKING EQUITY OUT UNTIL THERE WAS NONE ASSWIPE!!!!!!
dasconnington 10 months ago
Found this, Jackass
Impossible Foreclosure: Never Late on a Payment
By Barry Ritholtz - Dec 29th, 2010 “In one of the more bizarre foreclosure cases, Bank of America is threatening to throw a West Hartford family out of their home even though the couple never missed a mortgage payment.
All this is happening even though the bank – after admitting it erred and sent a letter of apology in September – handed this case to a special unit at Bank of America."
StSimonMartyr 10 months ago
too bad he diddnt talk with NMHC before he gave up his house!
EmergencyGear911 1 year ago
there's vids that talk about wiping out your home debt. it's a loophole called A4V. banks hate it
/watch?v=XrVyfc9NEhk
TheNewMusicNetwork 1 year ago
sad and dumb hahahaha
moniequa 1 year ago
@moniequa dumb? that's usually the afro-bozo community.
TheNewMusicNetwork 1 year ago
@TheNewMusicNetwork, did I just press the right button? Did we stupid buy a house that we couldn't afford or deserve. I guess we did hahahahahahahaha.
moniequa 1 year ago
This has been flagged as spam show
@TheNewMusicNetwork, did I just press the right button? Did we stupidly buy a house that we couldn't afford or deserve. I guess we did hahahahahahahaha.
moniequa 1 year ago
MANY people ...intelligent & educated were very cleverly taken advantage of....so dont beat up the person because someone..perhaps unfeeling & uncaring like yourself got very greedy...I peronally would like them ALL to see the inside of prison...and if that doesnt work...I believe in the street version of justice...unless you are ever placed in a position of having to leave & lose the santicity of your home. dont pass judgement...I feel bad for the thousands who were also taken advantage of.
ctjennyg 1 year ago
@ctjennyg i hope those greedy people burn in hell
reston2301 1 year ago
Dave Ramsey--> solution to "Debt free living!" "Live like no one else so that you can live like no one else later on"
naru177 1 year ago
These are terrible times. I know a hip band that composed the perfect song for this mess. Check "Taken Away (Bank of America Song) here on youtube.
I feel sorry for you guys and the same thing is happening to my family...
simona31usa 1 year ago
This has been flagged as spam show
fill the vent pipes with concrete and move on give the banks something to work with.
southshores777 1 year ago
This has been flagged as spam show
fill the vent pipes with concrete and move on.
southshores777 1 year ago
fill the vent pipe with concrete and move on.
southshores777 1 year ago
$2700 a month for that house?!?!? WOW Glad I don't live in CA. But sorry for your troubles. Such a sad story.
markinshelbync 1 year ago
Comment removed
markinshelbync 1 year ago
Deadbeat agent: stay away:
Yudi Sobharam Century21 Semiao & Associates 761 Ridge Rd Lyndhurst, NJ 07071. Office- 201-460-8000. Mobile- 862-220-5414.
yudi4160082 1 year ago
$3600 a month? how much is that property total worth?
Assume 0% down 30 yr @ 5% rate, the house is almost 700,000. No offense, why don't you buy some house you can really afford?
rocboy2006 1 year ago
@rocboy2006 Did you not watch the video?
fatmaggi 1 year ago
Sad story Dan. Most of the people who criticize you for making what they call a stupid decision only speak from the standpoint of ignorance themselves. They don't understand the abuse these banks commit when you rub them the wrong way and fall into hardship. We hire Brokers,Realtor and Appraisers to make professional decisions and seek our best interest. Instead many compulsively mislead for their own selfish gain! Not to worry...your critics will pay for the cleanup too.
TheKylus007 1 year ago
You can't rent and start a family?
jvolstad 1 year ago
Watch this video
Nasty Mortgage Fraud Self Help remedy: Courtroom video in New Hampshire.
KingCast65 1 year ago
Its almost 2011. I Wonder if She Left him ?
ART1975CZ 1 year ago 2
I feel sorry for the man but his stupidity put him in the position he is in? did he not read what he was signing? Blame everyone else for your stupidity if it makes you feel better. Move on and READ everything and question anything you don't understand BEFORE signing it.
snaima999 1 year ago
I was a loan officer for 8 years. I don't feel sorry for this guy, he fell for the lies when us honest loan officers were trying to tell him the truth. I always gave honest numbers to my customers, but a lot of them fell for the teaser rates when we tried to warn them otherwise!
Angelhaven95 1 year ago
The mortgage industry was and continues to be a broken system which rewards people who have loose ethics.
Kayputk 1 year ago
es tiempo para la revolucion ,Time for revolution,
artillero130 1 year ago
How about bailing out people like Dan? Normal hardworking everyday average joes? But no, we have to bail out rich fat cats like AIG and the Madoff investors who got bite in the ass by their own greed. EAT THE RICH!
PungiFungi 1 year ago
It was greed all around...house contractor, banks and people looking for homes all looking to get rich....and they all thinking home prices will always go up...WRONG! BOOM! bubble burst and now these clowns crying ..i do not feel pity for these dumbshitts...nobody forced you to sign the contract
I had common sense not to buy a $400,000 home which i was approved for..yes..approved...but i had common sense..NO I WONT DO IT..so you people who did...FUCK YOU..who cares
MatrixFactoryGuy 1 year ago
@MatrixFactoryGuy, I agree with you 100%.
moniequa 1 year ago
"I think greed just got the best of him".. He said it as if anyone including him would have done the same thing. And yes, we all would have done it.
sirnyk 1 year ago
@sirnyk greed and stupidity.
moniequa 1 year ago
Educate yourself? How can you when you have crooks on the other side getting away with everything. This is mordern day hijack!
Saborsaoco 1 year ago
I feel bad for this guy, but start reading documents that you sign off on....that's why there is a closing and you have the option to hire an attorney. People sit down at real estate closings and sign documents for 30 minutes or more. You would think they would read the documents, ask questions and educate themselves on what they are signing up for. People are so ready to blame everyone else - take responsibility and be held accountable.
TheBeachgirl77 1 year ago
I hope everything works out for the better for you and your family.
johnebb3 1 year ago
NEVER,...& I MEAN NEVER.trust ANYBODY that works on commission!!...ever,....they are EVIL.......you bastards know who you are,...
wilatemodel 1 year ago
i feel for you man .. fking bank are the thief ,,
superwhiz88 1 year ago
@superwhiz88, I wonder if the bank forced him to take a huge debt?
moniequa 1 year ago
@moniequa bank will never do any loan mod... unless they know they going to loss big .. if you are break even or FHA loan .. you can forget about getting an loan mod.. they will force you to auction .. best way is to got news media.. which damage their business..and you can win .. .
superwhiz88 1 year ago
You have got to read your contract. It is alllllll right there. Yes the contract is long. But it is loan that is going to last 30 years of your life..probably want to sit down and check it out. Better yet throw a lawyer a franklin and have him read it. that 100 could have saved you tens of thousands. Don't be a victim. Or better yet stop borrowing money...save and pay cash. what? not everyone can save enough money? THEN U CANT AFFORD THE HOUSE
TheIgotcramps 1 year ago
This has been flagged as spam show
Bank of America is CRIMINAL. Besides all the things they do to credit cards, they are the MAIN PERPETRATOR of Foreclosure Fraud, throwing people out of their homes by forging the documents. DEMAND that your bank produce YOUR ORIGINAL mortgage note with your "wet ink" signature (a copy is insufficient, just like a copy of a dollar bill is not a dollar). If the bank cannot produce YOUR original signed note, they can be sued for the mortgage amount +3 times the amt. They've been caught FORGING.
GThomason 1 year ago
sounds like your are a blind man when doing any sort of business.
dave777blaster 1 year ago
and How does this guy know if your realistate agent told you it was just a teaser rate......people lie all the time sham sham and i don't think its greed to try to provided for your family all banks are trying to take our dreams away at the cost of banks being rich.......but in canada common decency well you know i can't even say that if our banks decided to up the interest rate here we will be introuble look around the whole world economics england france and so on. it's all crashing
suegerry1 1 year ago
crappy...........................
suegerry1 1 year ago
i live up in canada and i'm just shocked that your realistate agent would have any say on what your mortgage payment would be up here in canada your bank and you are the only ones that negos. that rate we have a veribile rate that you don't have to lock in and the interest is low but can flex up or down riskaa and then you have a prime lending rate that you lock in for how many years 5 to 20 but for a higher lendind rate and all the fee's that you pay are and whats with the.
suegerry1 1 year ago
Free Advice: if you have to go to a mortgage broker, you can't afford to buy a house. If you can't walk into a bank and qualify for a mortgage, DON'T BUY!!!
0manoscar 1 year ago
electricians and other trades do very well in Canada. They have sought after skills. I just paid $600 to my bricklayer today for 7 hours of tuckpointing work.
Auscann 1 year ago
is like a mouse trappppppppppppppp....
chardnj 1 year ago
I'm a real estate investor & realtor. There is no way on God's green earth that people don't know what kind of loan they sign for, and if for some stupid reason they didn't know, please remind them to breathe too. You lose your job and then lose your house is one thing. To blame other people for your stupid & greedy decisions in buying wrong is another.
5downer 1 year ago
4 words could save your home from foreclosure...or even save you some $ on your loan payments: Show me the note! youtube.com/watch?v=WKVlE9Bwe98
ShowdownInAmerica 1 year ago
I bought my condo 12 years ago by myself, I got a 1 bed room because that is all that I needed, I bought within my MEANS, this place is very nice, around 1300 sq ft with balcony and a storage closet off the balcony. I refinanced with a a fixed rate once again, and shaved 15 years off my original loan, I am still in this condo, now happily married and paying this sucker off, toward the principal, it will be ours in 7 years, these people who bought way too much house, & over paid for what they got
fairiegirlga 1 year ago
@fairiegirlga Your statement implies that you have common sense, which according to most people posting here would make you part of the wealthy elite who live to make the lives of the "less fortunate" (ie. stupid or lazy) a living hell. I congratulate you on your ability to make proper choices. We must not be fooled into thinking that because a bunch of fools make bad business decisions this means we are a horrible society. People need to take responsibility for their actions.
0manoscar 1 year ago
@0manoscar Well, I was a single gal up until 2 years ago, I was a corporate executive receptionist for around 30 of my working years, I worked for a toltal of 35 years, and like I said, I bought within my means, my condo listed at 52.9K and i got my loan at that time thru Fannie Mae first time buyer and refinanced with Wachovia when the interest rates droped, it was a "No brainer", buy what you really need, your friends and neighbors will not step up for you when things go wrong !
fairiegirlga 1 year ago
I created piggybankblog com for all those who have been abused by Bank of Destroying America's potentially irregular, fraudulent and simply abusive home loan modification. I was inspired by your youtube to put a section for move your money campaign.
You are actually in one of my youtubes I made at piggybankblog com It is the one that plays "burning down the house music" You should come check it out.
My name is John Wright and I AM FIGHTING BACK!
wright4ULG 1 year ago
Now that Obama is passing reforms so this shit cannot happem again. The American people are attacking him for it. Sorta like throwing rocks at the firefighters, while they are trying to save your house. Dumb Ass GOP. You fools are going to believe their lies and reelect them again. I guess for their encore they will finish killing off the American Middle Class. Just how stupid are some Americans?
hiiamrick 1 year ago
your P-note, spelled out the amount of your monthly principal and interest payment, and if escrowed the estimated yearly cost added in with the condition that if taxes and Insurance increases/decreases your monthly payment will adjust accordingly up or down. But your principal and interest amount remains the same., unless an ARM loan. This was provided to you at closing, prior to signing. They provided you with the actual amount ,if you did not take the time to read that and signed, its on you..
Chess3945 1 year ago
@Chess3945: i read myy statements I still remember those wolves knocking at my door. One wolf actuall called me stupid for not taking advantage of the housing market, by refinancing. I own my own home, bought it cash. Cell phone towers was a great investment. I remember how some of them were even rude to me, by attacking my mental abilities. I saw one of those idiots last week. He was telling me how he lost his house. I all I could say was"now who is the stupid one". .
hiiamrick 1 year ago
@hiiamrick You were very smart, you didnt fall into the trap of refinancing a home you already owned...well duh, lets see I own it out right, and oh you want me to take out a loan and make payments...ahh that would be a big NOPE! Very very smart! and how appropriate your in your home and he lost his. You definately did not have "sucker" written on your forehead. Very smart indeed!
Chess3945 1 year ago
@Chess3945: You should have seen the abuse that I had to encounter. Because I said no. They were like roaches comming out of the wood work attacking me. Telling me I could get ten of thoiusands of dollars just to refinance. But after i paid off the house, all i got is insurance and taxes. Might have to get a small loan to fix my roof. Damn a loan I got $6000 in the bank to fix it, just got to let it grow. I might have to move to Canada, if the GOP comes back into power.
hiiamrick 1 year ago
@hiiamrick Bank reform laws were definately needed. Basing a loan on credit scores and not on income was plain stupidity. Both the borrower and the Banks took advantage of that. Greed. Gee your score qualifies you for 250,000, and they took it. Only to realize their income could support only a 150,000 home. And here we are in a foreclosure nightmare. Not to say all of it is due to that, loss of jobs are a huge factor as well.
Chess3945 1 year ago
@Chess3945: While Obama is trying to reform that very same system, the GOP is throwing rocks by saying that the Obama's reforms are Socilism. Dude I recently visited Atlanta, where the the job loss situation is severe. I met an ex CEO, that was waiting on my table, he told me that when his company folded he had to let go of his12 employees also. People just don't understand that Bush's deregularation was a major cause of our current situation.
hiiamrick 1 year ago
@hiiamrick aggressive mortgage brokers are also a huge part of this mess, promising low income homeowners the ability to refinance a loan, from an ARM to a fixed prior to the recast, just didnt work. WHY? because when they went to refinance, they checked income and income couldnt support payment. The ARM adjusted them right out of their homes.
Chess3945 1 year ago