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Homeowners Sue Banks to Cancel Mortgage or for Wrongful Foreclosure & Punitive Damages CEPersVid 42

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Uploaded by on Nov 17, 2010

Attorney Carl Person explains why homeowners in every state should consider suing banks for cancellation of mortgage, to obtain a reasonable loan modification agreement, for damages caused by predatory lending practices or fraud on the court (based on filing of false affidavits, filing of actions where the bank did not own the note or possess the original note), and for punitive damages. Person explains why the banks are more apt to settle an action by providing a reasonable loan modification agreement, which would make the homeowner's cost of lawsuit almost insignificant in comparison to the value of successful lawsuit

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Uploader Comments (carlpers2)

  • can u make the entire transcript/ caption file available so i can read what you say instead of watching or reading the captions one by one. heres some info

    YouTube › Help articles › Uploading › Editing Videos › Adding and Editing captions / subtitles

  • @portablejon - If you email me a request for the text of my video (stating video # 42, Homeowners Sue Banks to Cancel Mortgages) I'll email you the text (which will differ in some respects, due to ad libbing, and sometimes by editorial cuts as I was making the video). Please send your request to carlpers2@gmail.com and in the heading state: Video text request

  • Don't forget to look at my new weekly column, which you can find by doing a search for "creating prosperity column". A future column I'm calling "A Proposal: Towns Guaranty Loan Modification Agreements for Homeowners" will propose what I believe is a unique idea and justification for towns and villages to guaranty payment of mortgages under certain circumstances or conditions to be spelled out in the column.

    Thanks for your encouragement.

    Carl E. Person

  • Thank you for posting your videos! Great info here!!!

  • @jondevers - Many thanks for your expressed appreciation. It encourages me to continue what I'm doing. It would be helpful for all of us if you would let similarly-situated friends/relatives/associates know about my series of videos, to enable them to protect their property interests. Also, somewhere along the way, we need to get state elected officials to understand that in the 27 non-judicial foreclosure states the laws should be changed to require foreclosures (such as in NY), worth $millions

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  • 100 % Mortgage relief. We already occupy them folks! No more Mortgage War!

  • Thank You!

  • My question is, if I call my bank and ask them who ownes my mortage and they tell me what company. And I call that company and ask them to send me a copy ot the mortage deed for what ever reason I do not have my copy and they are not able to produce it then by what you are saying I could benifit from that, correct. By my understanding they can not prove they have the right to collect the mortage that I am paying. Please let me know.

  • @carlpers2 In my humble opinion, I think that what you're doing has more impact than the "Occupy Wall street" movement. I don't think most people understand the system they live in, whether it be political or economical , and all the frauds we're exposed to and have to eradicate. Thank you for the video, very much appreciated Sir.

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