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xiamiam

(4,906 posts)
31. this, like the loan mod process is a joke
Mon Jan 7, 2013, 01:15 PM
Jan 2013

designed to wear down an already worn out and shocked homeowner facing an everyday nightmare of moving their family and things into the street. The banks are not as diabolical in their methods today but they're still taking millions of houses. I'm an expert but for none of the right reasons. 4 million people have to fit their situation into the little boxes provided on the application. To this day, there is no way to prove you sent something to the banks..via fax.The banks refuse to communicate via email. In the early days, the days in which this money is addressing, 2009-2010, Chase had a system where one person worked with the homeowner for one month. At the end of the month, a new rep took over the file who requested the same documents and often provided different info, and by the time the file inched forward a little, a new rep took their place. They can say one thing and then do another. They send countless letters with inaccurate information. Then, you have to spend time explaining why they are wrong. The banks are criminals and the folks who work at those pitiful sinister jobs are as well..just by nature of association.

More than ten million have lost their homes since this began. The stimulus package could have been given to every American and much of this could have just stopped then. Obamas Hamp program is a failure...from day one. Someday, when a democrat is not in office, democrats are going to lead the charge to put a lot of these people behind bars. Geithner is the devil incarnate imo and I never thought I could dislike anyone more than I disliked Cheney.

There are countless documentaries and evidence re the wrong..there are none explaining how it has been righted.

They deserve Prison and fines Angry Dragon Jan 2013 #1
Well, of course, gotta keep that revolving door well-oiled MotherPetrie Jan 2013 #2
I'm shocked! MannyGoldstein Jan 2013 #3
I'm shocked, shocked! n/t amandabeech Jan 2013 #10
Your winnings, sir. sakabatou Jan 2013 #22
I can't remember the next line!!!!! Argh!!! n/t amandabeech Jan 2013 #23
"Oh, thank you very much." sakabatou Jan 2013 #24
And thank you for the clip! n/t amandabeech Jan 2013 #29
My local paper has a full page of new Foreclosures Riley18 Jan 2013 #4
Please don't give up and Don't leave your house! No Compromise Jan 2013 #5
Thanks for your kind concern, but the bank Riley18 Jan 2013 #14
I'll never forget seeing that - she's a real hero, in my book. closeupready Jan 2013 #16
the HAMP modification was designed to give the bankers more money for the modifications No Compromise Jan 2013 #7
And even people who didn't get into the HAMP Program, as truedelphi Jan 2013 #12
same here 2pooped2pop Jan 2013 #28
Du rec. Nt xchrom Jan 2013 #6
So What Else Is New ??? WillyT Jan 2013 #8
Meanwhile, bank depositors are getting maybe 1% or if lucky slightly more interest. JDPriestly Jan 2013 #9
Hamp "foamed the runway" and banks walked away from the crash. pa28 Jan 2013 #11
When bankers in Iceland collapsed the economy AgingAmerican Jan 2013 #13
Hope and Change! Hope and Change! woo me with science Jan 2013 #15
It is so sad, but come on, there is someone left around who is surprised? n/t Jefferson23 Jan 2013 #17
only the little people pay Skittles Jan 2013 #18
gee, who didn't see this coming? KG Jan 2013 #19
That clicking sound you hear is the Fan Club looking up Gretchen Morgenson. Marr Jan 2013 #20
Ha! Well played. And accurate (N/T) vi5 Jan 2013 #26
how true.... KoKo Jan 2013 #27
^ Wilms Jan 2013 #21
Surely Sen. Warren won't allow them to get away with this? Nye Bevan Jan 2013 #25
They've already gotten away with this. AnotherMcIntosh Jan 2013 #30
this, like the loan mod process is a joke xiamiam Jan 2013 #31
You mean the bankers in Obama's cabinet went easy on the banks. Jakes Progress Jan 2013 #32
NYTimes editorial: Another Slap on the Wrist brentspeak Jan 2013 #33
Latest Discussions»General Discussion»NYT: Obama's regulators t...»Reply #31