Eight credit-repair tips after bankruptcy Jennifer Waters's Consumer Confidential - MarketWatch

With HOUSING continuing to tank, unemployment staying high and home values plunging - more and more people will be filing for Bankruptcy. Here is some info that might drive out the fear and help you save your home. REmember strategic default will now mean that you cannot get credit to buy a home for 7 years.

Eight credit-repair tips after bankruptcy Jennifer Waters's Consumer Confidential - MarketWatch:

"A growing number of consumers are taking the bankruptcy plunge. U.S. consumer bankruptcy filings for the year ended June 30 popped 21% to 1.51 million. Coupled with the nearly 60,000 business bankruptcies in the same period, filings reached a level not seen since 2005.

Some 422,061 bankruptcies were filed from April to June, pushing past the 400,000 mark for the first time since the fourth quarter of 2005. At that time, 667,431 bankruptcies were reported as consumers rushed to file before Congress changed the laws that tightened eligibility.

There's some good news for filers: There's no red 'B' written on your chest.

'Nowadays lenders pay greater attention to other factors,' Watts said. 'If you mind your Ps and Qs after the bankruptcy, you can restore your credit rating once the bankruptcy data finally falls off your credit report.'"

>>>>>KEEP READING by clicking on title link

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DOJ Steps in to Monitor Foreclosure Law Firms, Processors - Law Blog - WSJ

DOJ Steps in to Monitor Foreclosure Law Firms, Processors - Law Blog - WSJ

DOJ Steps in to Monitor Foreclosure Law Firms, Processors - Law Blog - WSJ:

"Now, a unit of the Justice Department is stepping in to try to pressure law firms and a large U.S. mortgage processor to ensure they properly handle foreclosure proceedings. Click here for the WSJ story.

In recent months, the U.S. Trustee Program has intervened in two cases, in Mississippi and Louisiana. Bankruptcy trustees are examining whether law firms and Lender Processing Services Inc., a Jacksonville, Fla., mortgage technology and information provider, bungled foreclosures and hurt borrowers, according to court documents. The law firms and Lender Processing deny wrongdoing.

Bankruptcy trustees are lawyers or accountants who are responsible for maintaining the integrity of the U.S. bankruptcy system. They monitor cases to ensure creditors and debtors follow bankruptcy rules."

What Bankruptcy can do for You � Timothymccandless's Weblog

The following link is by a foreclosure fighter in California. His website is great. He also has tips on using BK for irs tax relief and student loan relief. Check it out.

What Bankruptcy can do for You � Timothymccandless's Weblog: "stop�foreclosure
Share this: Possibly related posts: (automatically generated)MABRY tip no injunction needed to stop foreclosure TERRY MABRY et al., opin…Willamette Reds: SB 628 and SB 328: Slow The Foreclosures And Stop The Debt…Stop Foreclosure(s) Simply Ask “Produce My Note” !!!No Title"

[New post] GAME OVER? VEAL CASE VINDICATES EVERY POINT REPORTED ON LIVINGLIES - Spam - Yahoo! Mail

If you have been through bankruptcy get ready.. read the full post by clicking on link to find out the latest rulings in the 9th district circuit.... THIS IS AWESOME

[New post] GAME OVER? VEAL CASE VINDICATES EVERY POINT REPORTED ON LIVINGLIES - Spam - Yahoo! Mail: "The bottom line is that there is no claim, an objection to the proof of claim will obviously be upheld in view of this ruling, and the homeowner is going to get their home free and clear of any encumbrances or debts unless the real creditor shows up --- which is unlikely since the investors are busy suing the investment banks that sold them the bogus mortgage bonds.
LAWYERS ARE SHARPENING UP THEIR PENCILS GETTING READY TO FILE MOTIONS FOR REHEARING AND RECONSIDERATION IN AND OUT OF BANKRUPTCY COURT.
QUOTES FROM THE CASE:
'We hold that that a party has standing to seek relief from stay if it has a property interest in, or is entitled to enforce or pursue remedies related thereto, teh secured obligation that forms the basis of its motion.'
'We hold that a party has standing to prosecute a proof of claim involving a negotiable promissory note secured by real property if, under applicable law, it is a 'person entitled to enforce the note' as defined by the Uniform Commercial Code.'"

LOAN MODIFICATIONS: IS THIS WHAT I’M SUPPOSED TO BELIEVE?? | Timothymccandless's Weblog

EXCERPT from middle of one of teh most brilliant posts I've recently read: THANKS TIM!!!

LOAN MODIFICATIONS: IS THIS WHAT I’M SUPPOSED TO BELIEVE?? | Timothymccandless's Weblog: "Banks, on the other hand, have plenty of lawyers, mortgage experts, credit specialists, underwriters, and professional negotiators.

You, however, should come alone.

Who says you should come alone? The banks say so, that’s who.

The banks are looking out for you. The banks are going to help you. The banks are on your side. You can trust the banks.

The same banks that put you into mortgages where the payments double as soon as the prepayment penalty period ends.

The same banks that blame you, the borrowers, for the meltdown, and have already foreclosed on millions of homes.

The same banks that just lobbied congress to kill the bankruptcy reform bill that would have allowed judges to modify mortgages in bankruptcy so that people going bankrupt could have a chance to keep their homes.

The same banks that just lobbied congress asking for a top allowable interest rate of 500%, and got 390%, while they charge you 29% on your credit card.

The same banks that fraudulently packaged mortgage backed securities as AAA rated bonds >>>>>>>KEEP READING BY CLICKING ON TITLE LINK UPTOP!

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Bank of America slapped again: Settled for 108,000,000

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This is great news for us that were hit hard by BAC. We were assessed excessive fees for drive by appraisels and they threatened property inspection by entrance to home on notice that property was vacant. Do they just MAKEUP facts? I wonder what they would have had to pay if they had not settled for 108,000,000. It sounds like a lot but is not much considering the accusations read around the net of fraud. Are the avoiding distration as it says? or something more sinister?




June 7, 2010
Bank of America to Pay $108 Million in Countrywide Case
By THE ASSOCIATED PRESS
WASHINGTON (AP) — Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corporation, which it acquired nearly two years ago, collected outsized fees from about 200,000 borrowers facing foreclosure.
The Federal Trade Commission announced the settlement Monday and said the money would be used to reimburse borrowers.
Bank of America purchased Countrywide in July 2008. FTC officials emphasized the actions in the case took place before the acquisition.
The bank said it agreed to the settlement “to avoid the expense and distraction associated with litigating the case,” which also resolves litigation by bankruptcy trustees. “The settlement allows us to put all of these matters behind us,” the company said.
Countrywide hit the borrowers who were behind on their mortgages with fees of several thousand dollars at times, the agency said. The fees were for services like property inspections and landscaping.
Countrywide created subsidiaries to hire vendors, which marked up the price for such services, the agency said. The company “earned substantial profits by funneling default-related services through subsidiaries that it created solely to generate revenue,” the agency said in a news release.
The agency also alleged that Countrywide made false claims to borrowers in bankruptcy about the amount owed or the size of their loans and failed to tell those borrowers about fees or other charges.


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Attorney Steve Foreclosure Defense and Bankruptcy Law: Introduction to a lawsuit we are filing alleging notary fraud, forgery and wrongful foreclosure

Attorney Steve Foreclosure Defense and Bankruptcy Law: Introduction to a lawsuit we are filing alleging notary fraud, forgery and wrongful foreclosure: " This case also involves two notaries (recently added as parties to this action) who REFUSE TO PRODUCE THEIR NOTARY TRANSACTION LOGS, as required by notary laws, and who are active participants and co-conspirators in the effort to defraud Plaintiff’s and to rush them to foreclosure without regard to the Notary Laws, or the California Foreclosure Laws which must be strictly followed, without fraud, deceit, or other unscrupulous action. These notaries were never present to verify identification of parties signing foreclosure documents, they did not witness signatures or administer oaths and they failed to perform legally required notarial acts. Instead, their notary stamps were literally offered up for lease which is why they are now “lawyering-up” instead of producing their notary transaction logs as required by law.

This case also involves forged signatures made by unknown third party DOE Defendants who sign documents without reviewing them, and without any legal authority"

Foreclosure Defense and South Carolina Matrix Decision | South Carolina Bankruptcy Lawyer Blog

Foreclosure Defense and South Carolina Matrix Decision | South Carolina Bankruptcy Lawyer Blog: "A recent South Carolina case, Matrix Financial Services Corporation v. Frazer provides common sense help. Matrix says, in effect, if lenders don’t follow South Carolina law when closing mortgage loans, they may not be able to foreclose their mortgage when the borrower defaults.

The South Carolina Supreme Court explained the problem lenders may face as follows:

[I]n this case Matrix comes to the court with unclean hands, and is thus barred from seeking equitable relief. Matrix hired LandAmerica OneStop to perform the title search, prepare the documents, and close the refinance loan–all admittedly without the supervision of a licensed attorney. Thus, Matrix has committed the unauthorized practice of law in closing the refinance mortgage, clearly violating South Carolina law. The dissent’s protestations aside, a party cannot violate the law and expect not to bear the consequences of its actions. This Court will not grant a discretionary, equitable remedy to a party who refused to follow the laws of this state. Therefore, even if Matrix were able to satisfy the requirements for equitable subrogation, Matrix would not be entitled to that equitable remedy because it has unclean hands."

Guatemala News | Primer: What Is a Wrongful Foreclosure?

Guatemala News | Primer: What Is a Wrongful Foreclosure?: "In a 2007 analysis of bankruptcy mortgage claims, University of Iowa law professor Katherine Porter found that about 40 percent of the time, banks didn’t provide the proper paperwork—specifically, the note—to enforce a mortgage claim and collect the debt. She wrote that the statistic was “troubling” and a threat to the “integrity of the bankruptcy system.”

Many foreclosure defense attorneys argue similarly about banks’ failure to produce the same paperwork when enforcing foreclosures. To this point, an official from the Florida Bankers Association told the Jacksonville Business Journal that foreclosure defense attorneys are taking advantage of legal technicalities [19], and delinquent homeowners shouldn’t escape consequences simply because there were mistakes in the transfer of mortgage paperwork.

Despite the debates elsewhere, many legal experts seem to agree: The so-called technicalities go to the heart of the American system of law and property rights. To argue otherwise, testified Georgetown University associate law professor Adam Levitin, would be to “claim that rule of law should yield to banks’ convenience [20] [PDF].”

Source: http://www.propublica.org/"

House Hunting, Fighting Foreclosure and Government Grants for the Homeless

Well the banks successfully evicted us after our year long battle.   Using last year's judgement instead of going through the forcible detainer (eviction) again.  Bankruptcy for some will still be a good option for fighting through the legal system. Make sure if you go through bankruptcy that you learn as much as you can FIRST, or have a very trustworthy person guiding you.

For other people doing a  notary complaint process and documenting the fraud for a lawsuit will be a better answer.

Going through this process has taught us a lot.   Find your alternative housing long before you end up evicted.  It is not dishonest to plan ahead, the banks are a business and all is considered as contract law. It is not dishonest to plan to take care of your family while fighting the fraud and  negotiating with the banks to honor THEIR contracts. For instance have they fulfilled the obligation for the qualified written request within 90 days? Have they committed TILA violations, have they broken Fair Debt Collection Act? Were you robo signed?  There are many FRAUD issues.  Make sure to check out showmetheloan.net or the blogs listed in my blog roll to the right to educate yourself on more issues.  You can also check past blogposts on this blog using search for key terms.

REAL ESTATE: LARGEST GOVERNMENT LAND GRAB

Right now we are seeing a new thing on listings for homes for sale by banks.  In our search for cheap housing we found that HUD is awesome source of free housing - FOR INVESTORS.  The government in it's land grab has taken over most loans from banks via Fannie and FHA etc.  They account for about 63% of real estate listings.  This means that the government is the direct benefactor of  "non performing assets".  Remember these mortgages were sold to investors already (money made) then again were paid for with insurance funding for investors and insurance when house was foreclosed on.   Now the government owns them free and clear and unlike a straightforward real estate advertise, buy and close - they are holding out for highest bidder.   We found this out when looking for a 37,000 piece of property with trailer that was advertised as available.

So essentially the government is grabbing homes with a call to increase the foreclosure process, then they are holding up people from investing outright in a new home by bid competition-AND on the other hand they are spending money to fight the homelessness they are inflicting on people.  Remember in foreclosure you have 5 days to get out, once the bank notifies you. Technically once the auction or trustee sale has happened - you are homeless, until you can have it overturned.   The government is in control of about 63% of those foreclosures, they could stop the train there, instead they are granting millions of dollars to homeless programs, including a new 16.4 million to combat rural homelessness.   Hard to say this but we are now one of the homeless, partially due to the lack of action by government in dealing with the fraud.  AS with any other government process, funding will be hard to access by those who need it. 

But I digress, back to the house hunt. We went and talked with neighbors of the advertised home,  who told us that the home had sold one month ago for several thousand over the asking HUD price. The happy new owners and paid out cash total of something like 63,000, obtained keys and were waiting for the green light to move in or rent it out. We quickly learned that HUD advertises one price, then holds out and extends the listings, waiting for highest and best cash offer.  INVESTORS are snapping up the medium priced properties. Thank you government for not stopping robo signing, fraud and correcting wrong - but for taking advantage and lining the  coffers of the governmental 'spendaholics'.  Does this type of thing sound familiar? Fix and Flip prior to the housing crash?

BANKS DEFENSIVE ADVERTISING

On Trulia the real estate owned by banks (REO) is being advertised in a very defensive and inaccurate statements.   HERE is a sample wording from one listing:

Bank Repossessed. This property has completed the foreclosure process and is now owned by the foreclosing lender, which took title to the property for an estimated consideration (loan balance plus other fees and costs). Foreclosing lenders are often motivated to sell bank-owned properties (also known as REO, or Real Estate Owned) quickly because they are non-performing assets. Please register for a free trial with RealtyTrac to access complete information for this property, including full address, foreclosure details, lender information, and more. 

If you have been following this blog and others you will know that the foreclosure process is not complete - there is the return of the security instruments according to UCC 3 -501 B.  There are many lawsuits and possible clouded title.  Chain of title could still be compromised.  They have taken title alright - stolen in many cases from owners who have not questioned if all payments were applied to the mortgage or if they were target of toxic loan or robo-signer.   The fact that they are advertising this is troublesome to many in the t foreclosure fight arena.

WE ARE WORKING ON IT!

Now we are back to square one working on our legal processes, while looking for a place to house us for the next six months to one year.   We are also rebuilding our business.   WE are in temporary situation and life is good.  If you hear of a great property with cheap housing for under 50K let us know.. or a home to care-take while the homeowners are fighting their foreclosure. :)  Let us know how your foreclosure fight is going by leaving a comment.

Momentum builds for full moratorium on foreclosures

NOTE: Please read full article by clicking link: I pulled excerpt from the middle which discusses bankruptcy changes that could be considered.

Momentum builds for full moratorium on foreclosures:

"The Senate banking committee's chairman, Christopher J. Dodd (D-Conn.), said Friday that his panel will hold hearings Nov. 16 to investigate the morass.

Rep. Edolphus Towns (D-N.Y.), chairman of the House Committee on Oversight and Government Reform, said the top 10 mortgage lenders should immediately suspend foreclosure proceedings in all states.

'The implications of ignoring the foreclosure problems are far too great to be ignored,' he said Friday.

In addition to a national moratorium, some lawmakers are discussing reviving a bill that would give bankruptcy judges the power to modify loans and reduce principal to market value. The bill passed in the House but did not make it through the Senate.

As the House Financial Services Committee convened a foreclosure-fraud working group to begin discussing ideas for other legislative remedies, the banking industry began to fight back against the notion that the paperwork problem was more than a techni"

Stop Foreclosure Before They Start The Foreclosure Process

Stop Foreclosure Before They Start The Foreclosure Process: "After working as an attorney saving people from foreclosure, it became clear that if more people knew how to stop a foreclosure and took the proper steps earlier, far fewer people would lose their home. I have outlined ten things not to do if you want to stop your home’s foreclosure in the order that they should be addressed in the foreclosure process. Some start before trouble appears on the horizon and some can occur just before the foreclosure auction. I hope this article helps stop your foreclosure before it starts and if not that it helps stop you from losing your home to a foreclosure that could have been prevented.
1. Do NOT fail to accrue savings for an emergency.

Many wants and needs face each of us each day. Every dollar we earn seems to have its path determined before it comes to our hand. This often results in people putting aside little or no savings for a rainy day. Yet, rainy days do happen, that fact we know. I would love to see homeowners with six months of mortgage payments in savings. As a minimum people should have one to three months of mortgage payments as a reserve to help stop a foreclosure."

Also from site on another page:

This site will help you decide if filing a bankruptcy, doing a debt workout, doing nothing or paying your debt in full is the right way to deal with the money you owe your creditors. Debt and bankruptcy are serious issues. Read all of the FAQs that you can. Good Luck!

EDITOR: I do not know or endorse this site... I just liked some of the things presented.
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Our fight for main home! WE are going to trial

Exploring all options. it looks as if the trial we requested is our best option. It is intimidating knowing that you cannot afford a lawyer that has the experience and ability to give credence to your case. It is VERY INTIMIDATING to realize that you are going up against the largest and most powerful lawfirm in the state, dealing with mortgages, foreclosures and evictions.

Where we could get real help with the law is too expensive or not available. The lawyers that KNOW what they are doing are few and far between and cost a fortune IF they have the time available to take you. We have no doubt that if we could afford 5-10K to save our homes we could. We have found lawyers in last month than what we could find available earlier last year. Last year it seemed all the lawyers encouraged bankruptcy. Maybe we learned to search better.

If you are facing any problems with debt fraud, home mortgage foreclosure or unlawful collection practices, you may want to check out the legal referral pages at NACA.com.

Best wishes to you, and post here if you want to share your experience.

BofA May Owe $20 Billion in Mortgage Buybacks, Insurers Say - Bloomberg

BofA May Owe $20 Billion in Mortgage Buybacks, Insurers Say - Bloomberg:

"Moynihan told an investor conference in San Francisco yesterday that buyback demands are manageable, and that his goal is to resolve legal issues as quickly as possible.

Bank of America acquired Countrywide Financial Corp., once the biggest U.S. mortgage lender, in July 2008 after the target faced bankruptcy amid payment defaults and foreclosures. Insurers have also requested files on about $9.8 billion of loans that hadn’t triggered buyback claims as of June 30, according to Bank of America’s quarterly report.

The New York Insurance Department was aware of the AFGI letter and is reviewing the issue because buybacks “will materially impact the financial condition of the insurers we regulate,” Michael Moriarty, New York Insurance Department deputy superintendent, said in an e-mail.

Insurers are negotiating repurchases and suing firms including Bank of America as they seek to recover from losses on mortgage-security guarantees. Bank of America has described the disputes over mortgage repurchases as a battle, while Dominic Frederico, CEO of Assured Guaranty, said last month that settlement talks with BofA were “like Chinese water torture.”"

Donald Trump Talks New Recession-Friendly Season Of "The Apprentice" | GantDaily.com

I love the apprentice and almost missed this gem. Trump is no stranger to adversity.

Donald Trump Talks New Recession-Friendly Season Of "The Apprentice" | GantDaily.com:

"New York, NY, United States (AHN) – Times are very different than when “The Apprentice” first aired in 2004. Nearly everyone was hit hard by the economy. Even host Donald Trump, who experienced sluggish sales for his Trump Tower in Chicago and failed to pay a $40 million loan, and whose Trump Entertainment Resorts filed for Chapter 11 bankruptcy last year.
Cut to 2010 and “The Apprentice” is suddenly a very different show. All of the contestants have been adversely affected by the economy. Among them, recent college graduates having zero luck in the job market, 40-year-old former breadwinners who recently lost their jobs, and even a truck driver with a Masters in Engineering.
“We have people who went to the best schools and who don’t have a job and people who once had really good jobs,” Trump told AHN. “In one case, someone who has five kids and now has zero income coming in. It’s both sad and educational. Some were really high flyers and now they’re down and ou">>COMPLETE ARTICLE AVAILABLE BY CLICKING TITLE LINK ABOVE

Foreclosures in 2012: Prediction of coming tidal wave,' Banky Panky' still in action

Should  homeowners meet with President and Bankers?

 After reading a hopeful news report of a better 2012 for the housing market, it seems that many want to sweep fraud aside and ignore the coming tidal wave of foreclosures. Predictions seem to be based on the banks traditional lack of action during Christmas holidays, coupled with unemployment figures and continued low interest rates. Are those solid indicators that the housing market has now hit bottom and that we can now celebrate?

Foreclosure blogs and those watching numbers have predictions  based on news that 10 million more homes are at risk of foreclosure and are entering into the dangerous world of "Banky Panky" . Truth be told, all homes were already based on "Banky Panky" - the  majority of loans initiated in the early part of this century were toxic and the future foreclosure risk was high even though banks told investors foreclosure risk was low. Head spinning yet?  In the  world government assumed the risk. In HUD's "report to congress" HUD wrote:

 "Fannie Mae and Freddie Mac were allowed to behave like government-backed hedge funds, managing large investment portfolios for the profit of their shareholders with the risk ultimately falling largely on taxpayers."

So essentially, a person with an Fannie Mae loan, paid payments and then paid (as taxpayers) to have themselves removed from the home if they missed 3 payments. That same taxpayer then contributed to bailing out the banks and received no compensation from any government settlements with the banks.


Trying to buy a home even with cash can be a challenge in this market, where people have special financial challenges after bankruptcy, foreclosure or short sale. Prices given by banks are varied in reality depending on the laziness of the appraiser, short sales are often filled with problems and with HUD(even after finalizing paperwork) can take a long time to obtain keys to a new purchase. 

"Banky Panky" in action, before, during and after a home purchase. Difficulties vary state to state and difficulties are not the same from county to county or state to state. Many in the past year lied, claiming they would live in home to get around investor restrictions for bidding on homes. How rampant that fraud is anyone's guess.


Below is a little history based on a response I gave to one news predictive report. Many major news reports are showing housing prices are still dropping and that there are more foreclosures to come. The report I responded to was a little more optimistic for stabilization of the market.



FIRST  - Fannie Mae and Freddie (basically a government backed hedge-fund) now own the majority of the nation's PROPERTY that was illegally seized with false and fraudulent paperwork. Normally that would send the responsible people (bank CEO's) to jail.  The Republicans (much to my dismay as I am one) and the Democrats have been equally guilty of sitting on their laurels and doing NOTHING for over 4 years to stop  the tidal wave of FRAUD - unless it was to go after banks resulting in large settlements that beefed up state coffers.

SECOND - the housing market is  manipulated to keep the homes trickling in.Not all homes that have been emptied of living, breathing families are on the market.  Often people cannot even buy homes that are actually sitting empty and vacant, the bank doesn't own them and they have not gone through HUD's requirements to be listed for sale. Short Sales are still not where the should be be. Prices in many housing markets across America are still dropping.


THIRD - This country is in for a huge wave of new foreclosures that include (gasp) illegal paperwork once again.  There are tiny bits of media news trickling out that things are getting better - the real news is that prices are still dropping and people are still losing homes and the forecast is BLEAK.   

People are waking up and legally fighting banks for false foreclosure, foreclosing without standing, toxic loans, and other shady practices, there will be possibly be another round of bailouts to an industry that has already received trillions in bailouts plus insurance to cover any losses. Judges are starting to follow the law in ruling against banks. The states of California and Nevada are going after criminals and the "Banky Panky" actions of fraud.


With government in control of Fannie and Freddie, I equate this to the government foreclosing on its own citizens.  Of course, it's hard to tell who actually owns any paperwork or notes, since the whole murky mess is filled with dead trust funds and unrecorded transfers of paperwork. We would like to know how much of the sales of homes is investor based, as opposed to family based purchases.


UP CLOSE and PERSONAL update:   Our former home sold at auction for a little over 1/4 it's value (highest appraised price in it's heyday) .   NOW,  almost 1 year later it is up for auction, evidently the water has 10x the arsenic level allowed and banks will not finance it. The bank had no problem financing it before, but now it is up on auction with starting bid of 25,000, with a clouded title  and contaminated well water.

We'd buy it back for that amount easily in cash and remove the cloud, but no one is talking.  Great joy in the morning, isn't life full circle? I need a serious infusion of cash to take advantage of possible investments like this.  Anyone want to contribute?

3 things to do when talking to Mortgage Holder or BANK

1) DO NOT go delinquent in order to try for modification. Get a forensic audit and negotiate with the bank BEFORE going late. THIS IS IMPORTANT the bank will tell you that you cannot modify because you are not deliquent. Once deliquent they will start modification process. PAY THE FULL amount paid previously, even if offered lower payments. Just trust me on that one.

2) Do not believe them when they say they will call back or fax you. Call them weekly.

3) Start a file with all details of conversations and all contact numbers. Keep computer copy and paper copy

The thing is home modification offers are temporary and take time. The temporary trial modification lasts six months. You should not hire a modification company, spending thousands as there are many scams out there. Instead try to find good advice, perhaps consulting with a couple of different attournies. Bankruptcy if you are too far down the road in payments can be useful solution that a SKILLED lawyer can help negotiate saving your home for you.

Check out websites about home mortgage fraud and the laws of TILA and RESPA.

part 2 GMAC Foreclosures Drew Earlier Sanctions for `False Testimony' - Bloomberg

GMAC Foreclosures Drew Earlier Sanctions for `False Testimony' - Bloomberg: "“They’re acting like this is a new problem,” said O. Max Gardner III, a bankruptcy attorney at Gardner & Gardner PLLC in Shelby, North Carolina, who is not directly involved in either GMAC case. “It’s the exact same thing,” Gardner said. “This is not just a GMAC problem. This is an industry-wide problem.”

Deborah Rhode, a Stanford University law professor and director of the school’s Center on the Legal Profession, said GMAC Mortgage’s behavior may amount to misleading the court.

“It’s not ‘technical’ when people attest under oath to knowledge they don’t have, and it doesn’t matter that in fact there isn’t actual error or discrepancy,” Rhode said. “Any court would take this very seriously.”"

read full article by clicking title link above.

Do not miss featured article: ABC's of  Fighting Foreclosure

I have a dream - that someday all foreclosure will be reversed

Okay, the title got you right?   Well that dream is true and I am working hard with others to make it a reality! There so many people from the "Show me the Loan" group,  the auditors, lawyers, bankruptcy help group and other groups -   fighting  the rampant fraud across America. .  Hopefully by having up to date news, support groups, information share and referrals to expert help that "gets it" - we will be one step closer to reversal of all mortgage fraud and wrongful foreclosures. 

I have a twitwall and it is very useful for some things.  IN it I can promote articles that you all like and that are helpful to others.  I can track responses and group topics. 

This week I noticed that the articles I thought would be the most popular such as "Donald Trump and The Apprentice Talk Recession" or "Real Housewives Talk Foreclosure" - well those were not the most popular topics.  I put together a report gathered from stats on the blog and on shortening links as well as responses from twitter.  To me it was very surprising.   People are hungry for news. Especially if that news is affecting their personal live right now. 

Here are the 5 most visited blogposts by page view -  visited this last week!  They were not necessarily the ones that earned the most money, but apparently they were the most useful to people. 

Voided Deed of Trust: Cow and Tail - Moo! Sep 16, 2010 BIG BANK BACKS DOWN--FOR NOW; HALTS FORECLOSURE ON... Sep 14, 2010 Deeds of Trust -Invalid without Seal? Sep 12, 2010 POVERTY ? Speak for yourself Sep 16, 2010 Video report : 50% of Valley homes underwater WHAT topics do you want to see on the blog?  What will help you with talking to the neighbors or fighting your case?I have articles ranging for what to do in court, how to prepare for foreclosure to updates on our personal fight as well as news.   What do you want to see covered?

Debt Counseling: Trending Yahoo's top 10 expose

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WOW - The foundation for my WOW

Economy worries are growing

Debt counseling is trending in the top 10 for Yahoo Search right now.I wondered what all the Buzz was about so I hopped over to Buzz, Twitter, Bing and Google Trends. NO, not trending there for the terms "debt counseling".

I did find out however that JLO (Jennifer Lopez) will not be judging American Idol and that Apple products are looking HOT. Matt Broderick is splitting from Sarah Jessica Parker but not a word on debt counseling! METEOR showers and Friday the 13th as hot topics. But, still no trends for "debt counseling"

MY RESULTS

I looked at top stories in BUZZ and found a possible reason that debt counseling is taking a lead in Yahoo Search and it is this one headline that is starting to show up in other searches now.

Americans grim over economy before elections: poll

People are hurting financially all over America. I have heard rumors that many people believe that America will be taken over within the next 6 months to a year. That makes sense as America runs much like a corporation and is in failing mode and ripe for hostile takeover.

I am supporter of fighting for freedom such as the efforts against terrorism - but is there a sinister lack of attention towards our economic well being???? Why are there more trends showing for celebrities and meteor's than for what is really worrying Americans? That answer I couldn't find but maybe you can! Or am I simply turning into a conspiracy theorist?

MY RESULTS #2

The second news story that is in top trends actually was written a couple of days ago, but hit top trends two hours ago.

5 Don'ts of Debt Management

People are waking up and getting prepared financially as much as possible.

• Bankruptcy's are up and Arizona has highest number in region-
• Foreclosures are out of this world over 1 million per year or MORE -
• Job market is at 16-20% or more if you include those that gave up.

Check out a couple of articles from the news top trends on my news landing page. And let me know if you have any answers to the burning questions of why this is not on every top trend search. Comment below!