What can we do now? Lesson 11- Your Mortgage Note?

Glen Beck on the Housing Crisis/Collapse - You Have To See This....
http://www.youtube.com/watch?v=AqbNO54SVDc
This is a must see. Housing values explained and a possible future trend.

Produce The Note How-To
http://www.youtube.com/watch?v=kswEb-iVsms

One of the last ways you can fight foreclosure is to make them produce the note. In many cases the note is sitting in a warehouse somewhere and nobody knows or cares where it is.

Rhode Island Attorney George Babcock is finding success using the "Produce the Note" strategy to fight foreclosure for his clients. Mr. Babcock has used the bank's failure to properly produce documents to get a temporary restraining order to stop the foreclosure process. When it came time for a hearing before the judge, the banks decided to walk away. The Consumer Warning Network's Angie Moreschi interviews Mr. Babcock in this radio podcast to learn more about his successful efforts to fight foreclosure.

http://www.consumerwarningnetwork.com/2008/06/19/produce-the-note-how-to/

Homeowners Rallying Cry: Produce the Note
http://www.consumerwarningnetwork.com/2009/02/17/homeowners-rallying-cry-prod...

www.ehow.com/video_2277196_renegotiate-mortgage-lower-monthly-payments.html - 62k -

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[farmboycarl]

Housing prices were comprised of easy lending standards, and zero-down loan products promoted by banks, and allowed by government. Now housing prices are comprised of highly restrictive lending, and a population that has sustained massive credit damage, as a result of the FED shifting the gears too quickly. You expect the average homeowner to accept the losses that were caused by Wall Street greed and government incompetance? Bernanke raised interest rates 17 TIMES just before the ARM's re-set!

[farmboycarl]

I'll make you a deal. You got to my Bank (Bank of America) with my mortgage, and ask them "to produce the note". When they tell you they won't, they can't, and they woudn't even tell you who owns it if they knew, YOU NEGOTIATE FOR ME. Then after you have experienced what it's like to be made to feel like an insignificant grain of sand, then make another video.

Only an idiot would suggest that a market with one set of ingredients could be made whole by a market with another set of ingredients.

[nmbypmby34]

Happy Birthday to your son! Yep I saw that housing will have to go way down. We have to get to the bottom of this market rebuild SAVE money thats everyone and the Government.