Posts Tagged “Moe”

News Sources wrote an interesting post today on
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by Moe Bedard on October 5, 2009 · 0 commentsin American Nightmare Orion Wisness tried to control his temper as a Wells Fargo representative delivered the bad news: No, Wisness did not qualify for a new federal program that would give him a break on his monthly mortgage payments.Five months had passed since Wisness, 35, lost his job at a Minneapolis law firm and asked to enroll in the Obama administration’s foreclosure-prevention program, and the bank’s reason for his denial — lack of employment

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News Sources wrote an interesting post today on
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by Moe Bedard on October 5, 2009 · 0 commentsin Homeowner Scams The investigations Green told her about are part of what the AG’s office calls “Operation Loan Lies,” a nationwide crackdown on loan modification and foreclosure relief companies that local and state officials call “scams.” The office has obtained a preliminary injunction against 21st Century Legal Services. They also got a temporary restraining order for a company called People’s First Financial.In both North Carolina suits, the AG

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News Sources wrote an interesting post today on
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by Moe Bedard on October 2, 2009 · 0 commentsin FHA Loans Nehemiah, the Sacramento, Calif.-based inventor of seller-funded down payment assistance, and its closest competitor, AmeriDream of Gaithersburg, Md., together facilitated 40 percent of all such loans backed by the FHA. Over eight years, they arranged 392,000 mortgages worth $54 billion, records from the Department of Housing and Urban Development show.While the two nonprofits earned tens of millions of dollars in fees from the deals, bor

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News Sources wrote an interesting post today on
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by Moe Bedard on September 30, 2009 · 0 commentsin Mortgage Servicers Are you being screwed by Chase? Are you being used and abused during the loan modification or short sale process and want to know your rights?Welcome to the club of unhappy homeowners, abused Chase clients and never ending stories of lies, lies and more lies. Heck, don’t take my word for it, there are over 11,000 posts of actual homeowners here in this forum that will testify to this fact.I believe now may be the time for you

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News Sources wrote an interesting post today on
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by Moe Bedard on September 28, 2009 · 0 commentsin Homeowner Scams Locally, a Pico Rivera business specializing in home modification loans drew the attention of sheriff’s fraud detectives when several clients showed up Sept.17 demanding answers.The next day, deputies raided Your Dreams Come True Inc. on Slauson Avenue and later arrested Frank Candelaria, 47, for theft when he allegedly collected an advance fee in East Los Angeles.Candelaria is out on bond and has an Oct. 9 court date at East Los

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