They DO want foreclosure and the reasons are copius, complicated, far reaching and most of all HIGHLY PROFITABLE!!!

They do want to foreclose, they do, they are, and they will!!!! I was not behind on my payments but was required by Ocwen to be behind in payment to apply for HAMP. (thanks for your help Obama et al, keep tryng to figure out what to do…..until then, another gravy train for the poor banks shoud do it, huh?)

What will you say when everyone but YOU knows the banks didn’t lose, the investors and home owners did. I know the truth and have been both!

I did ALL I was told exactly as instructed, preapproved for HAMP followed all steps…OVER and OVER and OVER, (with help used to convince us of the actual intent and reasonig for ‘bail out’ / making homes affordable).

From there, count on this, if there is equity in your home; INTENTIONAL delay coupled with calculated, multiple and various lies, tricks and back door tactics. OCWEN stole my home of 34 years and I am insulted when I hear ‘it’s just a house, move on.” I’m now widowed, without family, 100% disabled and additional, serious illness is what the stress of fighting for justice against being wrongly victimized costs. Much more than money or things, as I’ve heard it phrased by the uninformed, uneffected and cruel who couldn’t possibly imagine, let alone empathize.

I worked my entire life and paid for home in 2001. Same company now marketing home for sale also ripped off my late husbands entire retirement and insurance payment invested in stock annuities. (what a coensidence, huh?)

Do NOT assume the whole, greedy, stupid, toy buying cause of massive loss across the country by long term home owners. Yes, some of course but it does not represent real stastistics. It is media spin by the planners and participators and is intended to cover massive, far reaching, and appalling fraud. Yes, FRAUD, FRAUD, FRAUD.

Citi created the foreclosure after my nest egg was stolen using unbelievable tactics that only the most educated would believe. The risk assessment (think cross-marketing, that’s what they call it), companies that are now being touted is only ONE of the vehicles used to TARGET the vunerable. With large amounts of equity and little recourse if kicked while doing all you can to keep what is YOURS, although it cost a lifetime to acquire, there is little chance you could posture in time to fight back even if you had the means or knowledge.

Blame the victim. Go ahead, but I hope you are not a homeowner and God forbid, you ether get in a wreck, get sick, become a widow, etc. None of the devices used to steal my home had to do with little more than calculated fraud by those who are now assisted and rewarded instead of exposed and jailed.

Here’s a summary, that’s all I can stand…..
To begin with the hint is this, all the following occurred over several years in which I used my education and career as a budget and research analyst to put together a major theme of puzzle; ALL the following participants, (except broker who was paid to stear me to them), are owned or have been acquired by ONE too large to fail entity……ONE!!

Short story version: Original Insurance payout from late husbands death + 6% 30 year fixed loan on home of entire life + wrecked auto and delayed payment by insurance company, (dare I say it, AIG subsidary) + rental car expense on AMEX preapproved and charged during delay of payout of destroyed vehicle + demand to return rental car after charged up during wait for payment + high limit card with execellent pay record over nine years was preapproved for rental, charged over months of waiting, then UNAPPROVED + pay for rental car now included optional insurance that would have been paid by credit card co. + created money flow issue as rental car payment came out of pocket + aggressive collection requests for a credit payment to another account, (housing related expenses, not vacations or toys), were then requested in advance + bank of nine years posting checks before auto deposited retirement pay on same day which create auto house payment to be returned for being two cents short + request to cancel advance payment refused by both store and bank. (yep, same owners here too) I closed bank account and they processed the payment anyway………………it goes on and on, but you get the idea.

Here’s the primary punch line. ALL OF THE ABOVE PARTICIPANTS ARE THE SAME COMPANY!!! Home mortgage, Dept Store, Rental Car Co, Auto Insurance, Home Insurance, (did I mention the forced placed Home Insurance after mortgage company didn’t pay and I wasn’t told by either of them…..yep, same owners of hazard insurance company I had for nine years).

Believe it or don’t. It’s absolutely 100% true. You are just hearing of Equity lines of credit being jerked for no reason, EXCEPT it guarantees losing house if you are retired, disabled or widowed. Well, it wasn’t just equity lines or business loans, it was however they could get to you. It just hasn’t come out yet, just like taking HAMP money then foreclosing anyway. (ON PEOPLE WHO HADN’T MISSED PAYMENTS or in my case were foreclosed on as a result of the HELP programs created for our benefit)

Forget about new house purchases and job loss, that’s 20%, the other 80%, (my entire neighborhood), owned homes for entire life but with retirement brings little margin to stay standing if you fall and are kicked on the way down.

The home owners part, aside from what was coming at you from all sides was need for a roof, repairs, maintenance or hospital bills or medicine which would be fine EXCEPT you were told your home was worth twice it’s real value, talked into something (special loan product just for you), you never received, and used the credit rating companies to make sure you couldn’t get away.

If you tried, like I did, they had a table co. or unlicensed broker sell you a lie, withhold all the legally required disclosure documents then add a bait and switch into an ARM you don’t know about untiil it’s too late.

If you get that far, spend the rest of your life savings hiring loan modification companies that pose behind law firms. I’ve paid five different times, the procedure was delayed, (NOT BY ME), long enough to add 25K+ which added me to most of the entire neighborhood becoming REO, all that is left is now to apply for HAMP.

Mind you, still not missed any payments, until Ocwen confirms you are pre approved, makes you with hold payment to submit application then drags it out long enough to eat up all your equity, all your money, then a few more well timed tricks, foreclose on your house while telling and doing otherwise. By the time the deed goes back to the original (although hidden players), you have nothing.

As far as this FREE HOUSE verbage, it’s an outrage because if you do get to the court house, the attorney fees have completed this process of bleeding you dry. At the request for emergency TRO, the judge didn’t allow any speaking because, ‘if 17 months have past already, how can it be an emergency?” (other than they already broke into house and were stealing my ornate front door and have since been in front of my house on several occasions) On morning I went to the scheduled auction to serve my papers they were already out front ready to come in illegally and if you think the worry stops at losing home, think again. If you are caught unaware, you risk loss of all your belongings as well!

ASK OCWEN customers, they know. In California however the judges don’t seem to ask the one’s hurt the most profoundly and in my case I had no chance to speak. Now as I wait for the court hearing, (UD and summary process appears the biggest joke for all my research evidence, preparation, and proof of fraud I spent my life during these last 6+ years collecting became boxes of garbage) Although I have paid for and deserve my day in court, the back door swoop used for taking my home back robs me of the opportunity to even be heard!

After this next step, (I’m anticipating it should take around 15 seconds), which although the sudden free fall into the Summary Process is truly impressive intellect, it is nothing less that an outrage. Obviously they know once you are forced out, there is no way to move, pay to fight, and now rent….and THEY KNOW IT, THAT’S WHY YOU WERE SINGLED OUT. Now that the equity was slowly stripped until far gone, the lack of choice kept the payments coming and when there was nothing left to give but the lawsuit, once handed over, BAM, they own your home…..just as planned.

Get over it? Sure, I’ll just go back 35 years, to college, military, government career of 27 years, and 17 years of working two jobs. Now widowed disabled and sicker than when the fight started, I get to hear how it’s my fault and the judges don’t get it quite yet.

Yeah, when I was 12, a woman kidnapped me from a gas station bathroom and I was held for three days of torture beyond belief. I truly believe I wasn’t killed in the end because I happened to mention ‘friends’ which angered the five perverts holding me captive that my kidnapper may have been seen. So I was allowed to live.

Later at the police station my mom was told, in my presence,”It would be a waste to take them to court because it would only make it worse for her.” “You / she would never prevail in court BECAUSE your twelve year old daughter is “TOO PRETTY, TOO SOPHISTICATED, MATURE FOR HER AGE / translation articulate and smart, and no jury will ever be on her side. Creepy?

Fiction? Maybe…..or not. Not too far out when speaking of hard core criminals, not bankers, judges, polititions or professionals. Why does it feel I’ve been raped them? Because there is no empathy when you are humiliated and somehow made to feel at fault and judged harshly. It doesn’t matter that you know inside what has been done to you as over time the element of judgement, ignorance, and climate of the times you feel humiliation.

After all, I lost my home I lived in my entire life because I was, a) greedy, b) stupid, c) irresponsible, d) using home as ATM, d) living beyond means or bought house I couldn’t afford AND / OR most of all “deserves what she gets for not paying her bills / house payment. Make sense?

Now that I have had to pay in ways that cannot be understood unless you have lived it, I / we must suffer cruel and ignorant assessment of our ordeal. Such judgement and disregard come by way of harsh conclusions and insulting labels. Defamed, blamed, and deserving, I watch the news reports of the ‘shake out’ of those that shouldn’t have purchased homes they couldn’t afford.

Attorneys will help us educate the judges offer hope that soon they will get it. My local representative ignored my pleas to visit her district / my neighborhood whic started long before my home was gone. Instead she keeps me up to date on health care reform.

Ocwen reports the numbers of successful modifications absent all connection with reality and the growing numbers of angry Americans. Financial news broadcasts committee members and their earnest effort to figure it all out with the help of the banks lawyers and the like. For all the efforts, ideas, compromise, and reports of the ways the economy has been helped and future consumers will be protected, there is no mention of justice or equity for me. My contribution to loan mod scammers that have led to prosecution of two that took my money and allowed Ocwen to collect more fees has uncovered millions in cash and assets without mention of my loss.

I was also told I had been approved and all I had to do was dismiss the Chapter 13 (filed because there was nothing I could do once unable to turn back what had been done). A conference call between us three, (fourth modificaton attorney, Ocwen, & self), is stored on my computer, the words and assurances making me feel glad to agree to do so. That led to $1000 more added onto the charges for the paperwork that was less than a week old. While I have seen the money and assets collected from the two companies that have been prosecuted with some assistance from my information about them, there is nothing for those efforts.

This morning, the financial committee that I used to watch for every morning to gage their progress was on long enough to hear, “I have a great deal of respect for the job the banking execs are doing…….”

It seems from my view, (which doesn’t include EVERY ONE, of course), for the most part I’m hearing that, JUDGES don’t get it, most ATTORNEYS don’t get it, the BANK’S presidents, ceo’s, their auditors don’t get it, the ELECTED OFFICIALS / REGULATORS don’t get it. The special fianancial investigation Committee continue TRYING to get it and as of this a.m. they continue asking.

It seems over all difficult to understand and as this same person was saying how complicated it all was that nobody gets it, he respects the efforts of those smiling faces standing before him, it hit me:

Why don’t you ask me or countless others like me what happened? Perhaps I wouldn’t keep tuning into so many smiling faces or expressions of respect if someone like me were asked. Maybe if they were to hear a larger truth, it would help everyone finally “get it” in time for others to have hope although I doubt that will come in time for me.

I hope they all get it soon……………….but then on the othe hand, I’m just an idiot living in the low rent district, what do I know? Just because this sounds like an idiot’s conclusion maybe it’s because I don’t get it either and it’s true that it’s all too hard to understand………..hmmmmm

get it?

It depends on where the house is located. Currently, banks are quite conservative about lending money out on a refi. In my neighborhood, a comparable is taking back up offers after being on the market for one month. It sounds like your house was recently built and or is surrounded by a newer development which can be a victim of collapsing prices because of possible surrounding foreclosures. Many newer developments were subject to sale right at the peak or close to it which spells big trouble. I am generally speaking of older stable areas. Even in stable areas, there was always a dip shit or two, that paid a horrendous price for a property with no money down and drove it into the ground. I have a neighbor that bought one of these for a 300K discount. After he gets done fixing it up, He’ll be in the property for just about par for the neighborhood.