Obama’s Mortgage Task Force is a Joke
Via NY Daily News: “Three months ago, in his State of the Union speech, President Obama announced a new task force to investigate mortgage fraud and bring some measure of relief to the 12 million American families who are either losing their homes or in danger of losing them. The new Residential Mortgage-Backed Securities Working Group would be co-chaired by New York State Attorney General Eric Schneiderman, U.S. Attorney John Walsh of Colorado and three Washington insiders from the Justice Department and the Securities and Exchange Commission. Obama said, “This new unit will hold accountable those who broke the law, speed assistance to homeowners and help turn the page on an era of recklessness that hurt so many Americans.” Whether or not the President, attorney general and others intend to get around to this task someday, “speed” was a terrible word to choose. Because 85 days after that speech, there is no sign of any activity…”.* The Young Turks host Cenk Uygur breaks it down.
Read more from Mike Gecan and Arnie Graf: http://www.nydailynews.com/opinion/obama-mortgage-unit-awol-article-1.1063094
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CitiMortgage announced the launch of its proprietary 2012 Road to Recovery Tour with homeowner support events in thirty-five cities across the country beginning April 24, 2012. At these events, Citi’s Homeowner Support Travel Team, featuring Citi’s mortgage assistance experts, consults one-on-one with local CitiMortgage customers in need of assistance with their mortgages.
vi/ySgpT8P5mG8/0.jpg” align=”left”/>http://BankingBad.com — Bank of America claimed to “need” a Death Certificate of a living borrower to complete his loan modification. Watch this video to see what happens next. Please click the YouTube like button and share with your friends – http://youtu.be/ySgpT8P5mG8 – and visit https://www.facebook.com/BankingBad
What is a HAMP loan modification and how loan modifications work, explains the inside secrets lenders don’t want you to know. http://www.professionalloanconsultants.com is great source for more information on the Making Homes Affordable Program. http://www.youtube.com/watch?v=vDK2XNBGlN8 This will tell you what you need to know about HAMP and mortgage modifications.
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