EMC Settles with FTC

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Uploaded by on Sep 10, 2008

http://www.consumerwarningnetwork.com/2008/09/09/bear-stearns-emc-agree-to-pa... The FTC complaint charges Bear Stearns and EMC with unfair and deceptive loan servicing practices. The companies are accused of misrepresenting the amounts borrowers owed, charging unauthorized fees like late fees, property inspection fees, and loan modification fees. They are also accused of engaging in unlawful and abusive collection practices.

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  • go to my channel & view 'how the National Australia Bank stole my home' playlist to see how deep the corruption is in Australia - it is frightening. I have THEIR documents where they categorically state we cannot afford the loan & they approved it anyway - here it is called unconscionable lending & it is illegal, but the system is weighed in their favour. And yes you had to be there to see how they encouraged me to continue with it. Check it out, please subscribe & help to answer my prayer lol

  • The people need to put Banners on their properties quoting, "THIS PROPERTY IS IN A LOAN MODIFICATION", (attorney details). To stop the harassment of thieves knocking on your door to see if they can steal your property away from you..

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