Mortgage Fraud Legal Liability , " HOT- OFF THE PRESS" homeowner spills the beans of her familys mortgage nitemare,and forecible entry and detainer.

So what was the final outcome?

This this that she wrote too. It helps explains things more.

http://alaskabrat.newsvine.com/_news/2011/02/18/6079055-help-for-almost-homeowners-or-did-i-read-this-wrong-sink-or-swim-no-hamp-here

I am a New Yorker and have strongly protested this administration's attack against our Attorney General. He was the last hold out for what the banks wanted. He would not let them do a hurry up and foreclose so the banks could then rent out the property. I guess they would become the new slumlords. This administration was going to let the banks rob homeowners of their equity and then make money renting the property. New York State Attorney Generals have a history of protecting its citizens. This includes our current governor who was the Attorney General before becoming governor. The Federal Attorney General office could take a lesson on consumer protection from Mr. Schneiderman.

Banks are the experts, the professionals not home buyers. If the professionals caused this crisis, why do the home buyers have to pay? What did they, the professionals do with the funds given to them to help people refinance their mortgages? When do the people receive their bailout? Where is the consumer protection?

This family was literally left out in the cold to one of the crooks who caused the crisis, realtors and mortgage banks. Yet no one is made accountable and the practices continue.

lots of people write stories about their own situation, I don't see anything wrong with that. But doing so for personal gain (like say donations), that would be a violation. Is there something I am missing about the CoH or ToS?

I have no clue, I write so few articles that I don't really pay much attention to that. I write so few because they don't get the traction/visitation that others do. I mean, hell, why should I spend the time to try and write something thoughtful and hopefully balanced, get less than a hundred comments over a month, when I could just write some politically motivated flamebait based on lies and get more than a thousand in a couple of days. I can't write the flamebait, so I tend not to bother.

Putting in HTML tags might help if you know how to design web pages.

As far as this article is concerned, if you did want to expand it, you may want to see if this is a widespread problem. This may after all just be a matter of an individual within one of those organizations doing something illegal for personal gain, which doesn't make it right, but it would limit the number of people impacted by it.

To me, what seems REALLY strange is that they sold your place before foreclosure. That just doesn't make sense to me. (at least, that is the way I read it). As to the sale itself, if you can prove that the sales agent didn't have legal title to sell the place, then the sale itself is void. You really would need to talk to a lawyer about that though as the specific details do vary from state to state.

I am going through my own personal situation where one of my homes was fraudulently mortgaged, and it has been stated VERY clearly to BofA that they can't do anything with the home until that has been resolved. Now my situation is different though because it was something that happened to a bunch of people from the same mortgage broker office, so there was definitely something criminal going on. That is why I mentioned that you may want to investigate if this is something that has happened to others, if so, how widespread, is there a common factor etc...

I know this is hard, especially in your current situation, but being calm and collected about it is something that you should strive to maintain. If composure is maintained, then you are more likely to get people who can make a difference to listen to you. (yes, as I said, I know it is very hard sometimes to do that). I've also been known to do some ranting, (some of my comments from yesterday on a medical situation cover that pretty nicely), but when it comes down to how I am dealing with it from a legal and professional sense, calm and collected is the way to go.

Well unless an attorney is trying to angle for a class action lawsuit, if you retain a lawyer, then that lawyer should be all about your case, and no other case, when they are talking to you.

Maybe you just need to write everything down, try to organize it properly, and then present that to your attorney, instead of just trying to explain it in words. The lawyer might just be not hearing what is happening because it is disorganized.

I am not sure how much time, or ability (I don't mean this in an insulting way because not everybody has this ability, which is why some writers are great, and some are just crap) in this you may have to devote to it, but taking a couple of weeks to collect and organize your thoughts rationally just might be the biggest help you can give yourself.

Do you have a lawyer? Can you afford one? I watched a video today and it is the same old story from the right. I know you work and have children if I am reading this properly. I keep hearing the same story, the same nightmare, over and over again. I am hoping for the best for you and your family.

story

Jonathion is dead on when he said: To me, what seems REALLY strange is that they sold your place before foreclosure. That just doesn't make sense to me. (at least, that is the way I read it). As to the sale itself, if you can prove that the sales agent didn't have legal title to sell the place, then the sale itself is void. You really would need to talk to a lawyer about that though as the specific details do vary from state to state.

You need to get all of your ducks in a row by a chronology of the dates, people involved, and results, and then get a lawyer with the clear understanding that this is in no way a class action suit for you need restitution now not in another year. If you have a problem with getting one I don't know about Alaska but most bar associations will provide legal aid if you need it. Get the local print and electronic media involved because this is the sort of thing that they all go for--taking on the corporate nasties doing harm to the locals. Good luck and please keep us advised.

You poor wonderful soul. I can not imagine especially in your state in such harsh conditions. Are your children alright? There are so many stories like this going on across this country. I know you are not allowed to legal talk about any of this. That is to protect the bank, not you. I was ripped off for a smaller amount. In the settlement, I got a fraction of what I paid for the product and was told I could not tell anyone what that company did to me. During the Bush years, all the protections were removed to protect consumers. Companies are protected in every possible way. I personally watched the bankers and wall street types yelling and have a huge party after he won his second term. They kept saying they had the right to legally steal now.

You should see Florida. Home after home is empty. Windows and doors boarded up. There are forsale signs everywhere. This President has been trying to get a Consumer Protection Agency in place (remember Elizabeth Warren). She was blocked by congress so the President put her assistant in her job a few weeks ago. I bet money her assistant is likely running into the same walls while congress refuses to fund them. I know that congress is playing a huge role in making sure this does not see the light of day. So many veteran are coming home to the similar situations. This was an intentional rip off by Wall Street and no one will be accountable.

Do you know who owns the deed to your property? I watched a story about a family that owned their home outright. They were told their home was sold and had to move out. How could that happen? They paid the home off. It cost them money and they won because they had the deed. Now they are telling people unless someone shows you who owns the deed, not to pay or leave. Ofcourse, I do not know what that will get you except having a police man showing up.

I would be screaming my lung out and would not care what they say. They want you silent so they can do whatever they can legally and get as much money as possible. I wish I was a lawyer and could help you. I really do. I would still let people know what is happening.

I have seen more people here in Florida just walk away from beautiful homes. They are told to leave, or their interest went through the roof while the value dropped. BOA has played a huge role in this. So many people played a role in this which is why there are so many 99 percent people out there. I hear they are getting involved and going to homes to keep banks from kicking the owners out.

I know you have been told not to legally talk to anyone but please keep us informed. We all need to know the tricks being played against us. I would like to know more about the contaminated water, garage, etc. Can you explain how that happened?

I believe you lady. I honestly do. I am praying for you and yours.

Gen

Ps- How is the weather up there? My daughter is in Soldotna right now.

Here on the East Coast we are having another fine temperate winter. It's a cool 40 some most of the time with highs in the 50's occasional. (:

When I go back to fishing in Alaska I am going to freeze my butt off.

They have to steal your equity and make a quick buck. That is just the way it is.

Not necessarily. There are state laws that say a homeowner has to be given any proceeds received over and above the amount due the bank in a foreclosure sale (surplus proceeds). So, banks cannot "steal equity" in those states.

I don't know if Alaska is one of those states that have that law.

Stopping bankers from stealing money is like playing "Whack -a-mole," they have all kinds of fees for all of the services required to foreclose. Service fees, eviction fees, sales fees, fees for processing all of the fees, fines for not paying the fines, penalties, and a whole lot more. They can rob you so blind you will be lucky to escape with your birthday and a change of clothes.

verbal.

the market is so screwed up right now that the bank will just often sell in a block for a much much lower price than the assessed value (which is really just for property taxes anyways), which ends up screwing the homeowner.