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Maxine Waters takes on the Loan Modification Lenders for her constituents

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Uploaded by on Jun 15, 2009

911-Foreclosure brings you the latest news regarding loan modifications. Maxine Waters, Congress woman from California, struggles to contact the lenders on behalf of her constituents. Bank of America, Countrywide, and IndyMac give her the run around while the attempts to reach someone in charge. If the lenders wont make way when Congress is calling, what does that mean for the American people.

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  • Retired, Sr, Disab, Vet DREAMS SHATTERED- AHMSI/ McCain/Gov Politics responsible for foreclosure/quick-sale @ 18892 State Highway 88, Pine Grove, CA 95665 discovered AHMSI obtained modif. loan w/fraud info not disclaiming house is mobile home. Denied loan facing homeless w/ wife/granddaughter. AHMSI agrees to write off $400k+ (698K loan) & foreclose - AHMSI refused lower price to owner- banks, investor, gov agencies TURNS BACK on vet. God Bless America ,

  • Bank of America the biggest Shame Crookks

  • I wish every member of congress would get of their asses and pick few people to help out with the HAMP program ---- let them see first hand the scam these banks are putting over on home owners.

  • FUCK INDYMAC AND BANK OF AMERICA. TWO SHYSTER BANKS WHO HAVE DESTROYED COUNTLESS PEOPLES LIVES. Oh and thank you Bill Clinton and ALL the politicians who repealed the Glass-Steagall Act back in the late 90's - as well as the push to expand 'homeownership' to millions, thereby creating a MONSTROUS housing bubble. 20 years ago - you had to put 20% down on a home, and your mortgage was typically serviced by the SAME bank throughout the life of the loan. That kept prices in check with incomes.

  • Everyone should cancel their accounts with Bank of AMerica and stop doing business with them in every way possible. This is the only way they will change things.

  • I also get nowhere with Bank of America and other banks. These banks are committing crimes of abuse and should not go unpunished. I work in the real estate industry and Realtors and attorneys are outraged that nothing is being done. We would have our licenses revoked for much less abuse or neglect.

  • I love this, My bank is IndyMac and they have been no help. I have faxed and mailed in the same paperwork over 7 times times now and so far all they can tell me is that they have no programs that they can offer me unless I am more than 3 months late. This whole situation is a joke.

  • This is exactly what we go through, hanging on the line with Wells Fargo - delays, disconnections - no apology accepted, Thank you Congresswoman Waters. I am currently working through my Congresswoman Dorris Matsui from California with Wells Fargo

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