Mortgage Fraud - Part 1 of 6 - Dateline NBC - Inside the financial fiasco....
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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 ,
1946veteran 2 weeks ago
people have loans that why they look good . the fed gave the banks 9 Trillion and more 2008
and did the same thing in 2009 so they look good .gave the auto billions in loans so they
look good
sha370z 4 weeks ago
@JuniorPlanters let me guess. you were on the wrong end of the housing bubble
thanggnguyen 2 months ago
@thanggnguyen you are ignorant and a fucking asshole. Greed caused this. Corporate greed and wall street. Many families lost their home because they lost their job because of the bubble. I would punch you in your fucking mouth if i was in front of you.
JuniorPlanters 2 months ago in playlist Mortgage Fraud
-MERS is a criminal operation, but also- 'speculators' "flipping-houses" in a frenzy were a huge part of problem (-should have been required to pay 50%-Dwn.Pmt.), -their greed drove-up prices, causing legitimate house-buyers (sole-property live-in) to pay an artificially inflated-price! Thus, Foreclosure-court Judges need take far more lenient view of legitimate Sole/home-buyers that paid a substantial down-payment, but became impacted by downturn of the economy and resulting loss of income..!!
AryanKnight 3 months ago
I did look into the CDO stuff and.. can anybody tell me who owns what loan? Ever since loans are sold who owns what?
masticina 3 months ago
...LIE CHEAT STEAL...thats the American Dream!...
SteveSabbai 3 months ago
Everybody is to blame for housing bubble, but the most belongs to the borrowers. It you were TOO STUPID, like these interviewees, than YOU deserve be HOMELESS.
thanggnguyen 4 months ago
payment are traps
sha370z 5 months ago
Sounds like surviving in America is really hard. Elsewhere isn't easy either but somehow I feel more protected in Europe. If I lived in the US I'd be in constant fear of being arrested for something I haven't done or being asked for money that I don't really owe. Am I being paranoid or is it really that way?
TheVideoCat 6 months ago