THE BIG HAMP SCAM (MAKING HOME AFFORDABLE)
How Bank of America Scammed the American Homeowner
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Monday, March 11, 2019
I don't believe I fell down this rabbit hole again.
I found some law firms suing BOA and winning, so I spent all weekend looking for details of this nightmare I thought I had forgotten.
I found tons of logs of phone calls which flooded me with memories and feelings I thought I burned at the last bon-fire at the farm.
Apparently they became part of the fabric of who I am, because they surfaced in a flash, with all the emotion of the day, alive, raw, painful, shameful and all the beautiful, nightmarish rest.
I guess what they say is true, it ain't over, 'til its over.
Saturday, March 9, 2019
By the way I forgot to tell you. This is an old post from sometime in 2012? I found it in drafts.
The Hope Team called me to tell me I was denied again.
Such is life, but I don't have the energy to call B O f#%#%#%#%#%ing A as I call them, to go through the run around to be told I am either under review OR denied.
And how about the latest news?
Government Orders 16 Mortgage Lenders And Servicers To Reimburse Homeowners
Am I the only one who takes this with the grain of pepper to which it is being dispursed? What can they do? Give us all the lives we had prior to 2005? Our middle class lives, that included dreams, or hope? How many people didn't even make it? Have they calculated how many suicides they caused?
There isn't much they can really do th make up for what they did. How about giving us each our houses free and clear, and then having the big banks and monopolies go under? After all didn't we learn in grade school how monopolies are bad for society? So how come they tried so hard to save these GIGANTIC businesses who have destroyed all smaller REAL businesses?
Not sure I even care anymore, but here it is check it out if you haven't seen it already.
http://www.huffingtonpost.com/2011/04/13/government-orders-17-mort_n_848710.html
Such is life, but I don't have the energy to call B O f#%#%#%#%#%ing A as I call them, to go through the run around to be told I am either under review OR denied.
And how about the latest news?
Government Orders 16 Mortgage Lenders And Servicers To Reimburse Homeowners
Am I the only one who takes this with the grain of pepper to which it is being dispursed? What can they do? Give us all the lives we had prior to 2005? Our middle class lives, that included dreams, or hope? How many people didn't even make it? Have they calculated how many suicides they caused?
There isn't much they can really do th make up for what they did. How about giving us each our houses free and clear, and then having the big banks and monopolies go under? After all didn't we learn in grade school how monopolies are bad for society? So how come they tried so hard to save these GIGANTIC businesses who have destroyed all smaller REAL businesses?
Not sure I even care anymore, but here it is check it out if you haven't seen it already.
http://www.huffingtonpost.com/2011/04/13/government-orders-17-mort_n_848710.html
Monday, June 4, 2012
GOOD MORNING LATASH
I pride myself in my ability to abhor BofA and yet feel compassion for Latasha.
How can a human being do such a hideous job?
This morning she called to say that my hardship letter is still "unacceptable."
The fact that the real estate market crashed and it was the bank's fault; and the fact that I say this in my hardship letter, is "unacceptable."
According to BofA, I need an illness or unemployment or something like that.
Then she went on to say what else I needed;
1. Dodd Frank is not signed (it is.)
2. All pages of 2011 tax returns( they have this.)
3. April's bank statement (sent.)
Etc...the list goes on.
Why is this so annoying to me? Oh yeah because it's FRAUD!
Tuesday, May 29, 2012
The banks business model is Fraudulent.
http://www.washingtonsblog.com/2012/01/is-this-why-they-wont-prosecute-top-justice-officials-represented-big-banks.html
Eric Holder and Head of DOJ’s Criminal Division Were Partners for a Firm Which Used to Represent the Big Banks, Fannie, Freddie and MERS
Obama’s Department of Justice isn’t prosecuting any big fish.
Indeed, the Obama administration is prosecuting fewer financial crimes than Ronald Reagan, George W. Bush, George H.W. Bush or Bill Clinton.
This is true even though the big banks – such as Bank of America, Citigroup, JP Morgan and Wells Fargo – committed some fraud, but their entire business model is fraudulent. See this, this, this, this and this.
The same is true of Fannie, Freddie. And even more so with Mers, where its entire purpose – from day one – was fraudulent. Here, here, here, here and here.
So why haven’t the fraudsters running these chop shops been prosecuted by Attorney General Eric Holder, and the head of the DOJ’s criminal division Lanny Breuer?
Reuters helps explain why today:
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division [watch this to get a sense of Breuer], were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.
The firm, Covington & Burling, is one of Washington’s biggest white shoe law firms. Law professors and other federal ethics experts said that federal conflict of interest rules required Holder and Breuer to recuse themselves from any Justice Department decisions relating to law firm clients they personally had done work for.
Both the Justice Department and Covington declined to say if either official had personally worked on matters for the big mortgage industry clients. Justice Department spokeswoman Tracy Schmaler said Holder and Breuer had complied fully with conflict of interest regulations, but she declined to say if they had recused themselves from any matters related to the former clients.
Reuters reported in December that under Holder and Breuer, the Justice Department hasn’t brought any criminal cases against big banks or other companies involved in mortgage servicing, even though copious evidence has surfaced of apparent criminal violations in foreclosure cases.
The evidence, including records from federal and state courts and local clerks’ offices around the country, shows widespread forgery, perjury, obstruction of justice, and illegal foreclosures on the homes of thousands of active-duty military personnel.
***
While Holder and Breuer were partners at Covington, the firm’s clients included the four largest U.S. banks – Bank of America, Citigroup, JP Morgan Chase and Wells Fargo & Co – as well as at least one other bank that is among the 10 largest mortgage servicers.
***
Covington represented Freddie Mac …. [and] MERS Corp …. Court records show that Covington, in the late 1990s, provided legal opinion letters needed to create MERS on behalf of Fannie Mae, Freddie Mac, Bank of America, JP Morgan Chase and several other large banks.
***
Covington in 2004 also wrote a crucial opinion letter commissioned by MERS, providing legal justification for its electronic registry. MERS spokeswoman Karmela Lejarde declined to comment on Covington legal work done for MERS.
This isn’t as bad as Department of Justice lawyer John Yoo’s letter justifying torture by the Bush Administration, but it’s arguably somewhat analogous, as it is a legal opinion trying to justify blatant illegality.
No wonder top financial crime expert Bill Black says that we have to fire Eric “Place” Holder and all other government officials who are blocking prosecution of the criminals who caused the economic crisis.
Indeed, it makes one wonder whether the Department of Justice still dispenses justice … or has turned into a “protection racket” for the rich and powerful.Not much better.
Of course, most of the rest of boys in DC are
Sunday, May 27, 2012
Memorial Day Weekend, Sunday
Bank of American ordered another BPO. They have consistently made contact with me every holiday since Thanksgiving 2010. This is part of the psychological warfare.
Another Realtor, drives up my driveway and refuses to leave, she says she has an Order to take pictures.
I keep forgetting to start writing down their license plates and grab my phone to report a trespasser. Next time I will surely remember.
Keep in mind these scabs are doing this for 40 bucks a pop. I wonder what it cost her to drive up here in gas.
Monday, May 21, 2012
Another home swindled by big bank
Melissa and Jason Graham’s story~
My name is Melissa Graham. I have the American dream as many
families across our Nation do. I am a married home owner with two children. I
am a law biding, tax paying citizen who is an inspiration and positive
influence to many other people in my community.
My husband and I have owned
our home for over six years. When we first met thirteen years ago we would sit
on my mother’s porch and dream together what we would do to the yard if we ever
owned it. We made our dream come true and have worked very hard to keep our
dream. We fell into financial troubles and had a change in our income. This
caused us to reach out to 995-HOPE to attempt reducing our payments. We were
struggling with our $2050.00 mortgage every month. We were told by our mortgage
company JP Morgan Chase that our modification was going through the federally funded
program. I found out after the fact Chase completed an in house modification
and repayment plan. Instead of placing the amount past due in the back of the
loan they rolled the amount into my monthly payments causing them to increase
almost to $2300.00.
When the approval documents
came to my home I called Chase and expressed my concern and confusion that our
payments went up. I couldn’t understand how this was helpful when we reached
out to them struggling with the lower payments. I was informed to sign the
documents and make the first payment. This was going to officially place me in
the modification program and my loan amount would be reviewed and lowered. I
have never had a mortgage before; I trusted what the bank told me. I had the
lady input a note into the system that documented I did not agree with the
higher amount and I would only send the first $2300.00 payment until my loan
was straightened out, and by signing the documents and making the first payment
I was agreeing to be in the modification program and my payments would be
reduced.
After the first payment I
began calling Chase aggressively wanting my loan straightened out. I was given
a run around by everyone I talked to. I was receiving calls asking for more
documents. I was told by several Chase employees that there were notes from
someone who worked at Chase that stated she was working on a “Special Project”
and all they knew was she was requesting documents. No one knew anything about
a “Special Project”. This was taking months just as the approval for the
modification did and I was not making anymore $2300.00 payments as I discussed
with the woman who instructed me to sign the paperwork.
In November I received a
letter from Chase’s attorney notifying me that my home was going to be sold
under Foreclosure. I immediately called my mortgage company in shock only to be
informed by 3 separate employees that my home had a sale date of November 10th
which was only 4 days away! I begged and pleaded with them for an explanation.
What happened to my “Special Project”. I was given nothing but the cold
shoulder.
My husband and I filed our
last resort. We paid an attorney $1600.00 to file Chapter 13 bankruptcy in
order to save our home. The day after our attorney filed someone from JP Morgan
Chase called about documents for my modification. You can imagine my confusion
at this point. I went through everything with the gentleman on the other line
of the phone. I was then transferred to the company’s Bankruptcy Department
where I spoke with a manager. He informed me that I never should have signed
those documents and made the first payment because that locked me into the
agreement. It didn’t matter that it was noted in the account that I did not
agree to the terms, I was locked in. I brought up about the “Special Project”
and was told there is no such thing because legally my loan can not be modified
again for 1 year after it was modified.
I wrote the White House and
received a response from the Treasury Department informing me they had escalated
my situation to the HAMP program for review. I spoke with someone from HAMP who
told me they could not help me because I had a FHA loan. They instructed me to
call FHA which told me the same thing; I could not get help until June 1st.
I kept in constant contact
with my mortgage company. I called when I heard of the programs our President
Obama put in place to help struggling borrowers and was informed I still had to
wait until June 1st. I even spoke with someone at Chase last week
about how close I was to June 1st and I have been so excited to get
my loan back on track and save my home! I was told by the gentleman on the
other line that he sees foreclosures everyday and there is no way my home will
be sold before June 1st. He said that he would really be surprised
if it sold before then. He assured me there are so many people in foreclosure
that it takes a very long time to get a sale date.
I found out today 5/16/2012 that
a sale date has been set on my home for 5/30/2012. Did you notice the dates? 2
days before I am eligible for help my home is going to be sold on the
courthouse step. I cried, pleaded, and begged my mortgage company and their
attorney for a realistic option to save my home. The gentleman I spoke with at
Chase was rude and very bluntly informed me I could pay off the full amount
past due or I could split the amount up in 6 payments on top of paying my
$2300.00 every month. If I had the money to pay $6000.00 to my mortgage company
I would not be in the financial distress I am currently in. The woman at the
lawyers office was just as insensitive and just kept saying over and over there
was nothing I can do “OK?” No, this is not OK!
By not being informed and
blindly trusting my bank I now have 13 days before my home is auctioned on the
courthouse steps unless our government steps in.
So think about this for a
moment. JP Morgan Chase will not give me 2 days to be able to save my home that
I so desperately want to keep. A company who just lost well over 3 Billion dollars
in a bad risky investment that is Federally Insured and will most likely be paid back
to them by our government. Our government has bailed this company out to help
home owners avoid foreclosure and they will not give my family 2 days to save it.
http://www.ipetitions.com/petition/we-the-people-want-our-government-to-put-the-big/
Sign now
May 21, 2012
Lakia King called. I wonder what took so long. She called to say that my file is under review, and they hope to have a resolution shortly.
I guess my number is coming up...
I asked her about the principal reduction. She said my investor doesn't participate in principal reductions, but she will certainly make a note of it that I am interested in that if they start to do the PRs.
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