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Home Loan Modification Run-Around Continues



Uploaded by: consumerwarningnet
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http://www.consumerwarningnetwork.com/2009/08/31/home-loan-modification-run-around-continues/
The foreclosure help run-around, as we call it here at the Consumer Warning Network, continues to rear its ugly head. For more than a year, we've told you about homeowners facing foreclosure who can't get their lenders to work with them. We had a flash of hope with President Obama's new Making Home Affordable program, but so far it's been a disappointment. CWN'S Angie Moreschi was interviewed about the "Foreclosure Help Myth" in this in depth report by CNN's Jessica Yellin.


Tags for this video: angie moreschi cnn consumer warning network foreclosure help run around jessica yellin loan modification making home affordable gov

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Gov't creates the ... ( 1 year ago by DolphinFilms)
Gov't creates the problem and gov't "solutions" just make it worse.
Who's gonna bailout ... ( 1 year ago by eyewitness043)
Who's gonna bailout homeowners if Obama and his henchmen are instituting a "Bad Bank" slush fund to hide their real losses?
A "Workout" mean actual accounting. To do a workout, wouldn't banks have to re-write their books to reflect "worked out" mortgages that have probably already been "securitized" and "derivative-ized" packed and sold over and over on the "Black Market" aka the "Secondary Market".
You better make them "Produce The Note" or become homeless.
This is not a drill folks.
The whole thing is ... ( 11 months ago by karinatilio)
The whole thing is just un believable. I can directly relate to this because Im going through the process myself with Metlife. I would be happy to share the sucess I have obtained through working with a lawyer for free, with any others that have applied with Metlife.
i want to know how ... ( 11 months ago by savedarrenshouse)
i want to know how many loans are worked out? let me know how you have been treated.
For every person ... ( 11 months ago by fc852170)
For every person ripped off by a loan modification attorney in California, therre are thousands defrauded by the banks who took taxpayer money and are refusing to abide by the agreements they signed. The corrupt polititions in Sacramento are about to make it illegal for an attorney to charge a retainer when a desperate homeowner needs someone to enforce their rights against these banks. BASIC IQ TEST ANSWER; Bank of America is to Schwartzneiger/Comacho/Geitner as Haliburton is to Cheney
LIAR LIAR PANTS ON ... ( 10 months ago by Kimzu2oob)
LIAR LIAR PANTS ON FIRE!!!!!!!
Wells Fargo lies ... ( 8 months ago by SeekTruth77)
Wells Fargo lies and keeps losing my paperwork! Every time I call I get total misinformation!!!
Yes, Jessica Yellin ... ( 7 months ago by boicsunla05)
Yes, Jessica Yellin is so very hot. I just want to smell her ass, whenever she farts. She is a blonde, so I know her farts will smell so good. Her natural ass-perfume will smell better than her synthetic perfume she wears. Me and her would be gellin' for real, and she would be yellin' when I band her so hard and make her sqiurt. Her farts would make me erupt and explode.
@SeekTruth77 I ... ( 6 months ago by dieselplow)
@SeekTruth77 I second that,, going though the same thing with wells fargo. Second month now - and magically paperwork they had last week, is now gone!
@SeekTruth77 I ... ( 5 months ago by dieselplow)
@SeekTruth77 I concur & How is this possible? I am in the same boat - It took four months for me to get into the program. Wells Fargo just kept on saying they needed the paperwork sent in again. I would fax it in a document over and over and they would still not get it. One week I even paid for Fed Ex to deliver it, and they never received those documents either. Wells Fargo Bank is the run around king!
Chase loan officer ... ( 4 months ago by flossy1950)
Chase loan officer says that they do not follow the "making homes affordable" program" they follow their "doing business as usual plan". my payment went down $177/month. great, my income has fallen 57%. this took 8 months whoopii. thank you chase for hepling out.
Lying banker ... ( 4 months ago by LouieBeethoven)
Lying banker scumbags. The program is working well for the banks ONLY because they get to keep the money - our taxes - and are only paying lip service to granting modifications. The government needs to send a collection agency out to the banks to get our hard-earned money back. At this point, Wells Fargo can have my house. They've already ruined my credit with the loan modification.
The making homes ... ( 4 months ago by katpoochie)
The making homes affordable program is really for the banks not the homeowners. if the lender is paying for mpi then the homeowner is not eligible because in most cases the banks come out ahead. in most cases the morgage owed is more than the houses are worth & if the house goes into foreclosure the bank get more than the actual value of the home. it is sad but the truth is that is is all for the banking industry not the people & never will be.
For those sending ... ( 1 month ago by GhostGal5)
For those sending your paperwork through the mail, have you ever thought about sending it through USPS's "Proof of Delivery" and "Return Recipt" programs? (This way, when your mortgage company/loss mitigation department *DOES* get the paperwork - the proof will be there in writing/email! No if's, and's, or butt's about it!)
And on top of that, when you talk to them - you can ask to have your case assigned to *ONE*, and *ONLY ONE* case worker! This way, you know exactly who you're supposed...
(continued) to be ... ( 1 month ago by GhostGal5)
(continued) to be sending your paperwork, and that person on the other end also knows that your paperwork is going to be coming to *THEM*, and not just some random girl or guy in the office! (I know this probably won't work, as these people/places don't like to be this organized, efficient, or effective - [and that's probably the way they like it - easy money while they're watching and laughing at people chasing their tails] - but it's worth a shot, right?)
this making homes ... ( 2 weeks ago by atvdave88)
this making homes affordable program is bullshit,there feeding on us like carnivores,



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