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Please help me, help them take my home

April 10, 2008

I want to give he house in Napa Valley, California back to the bank and not foreclose. I do not want my credit to be ruined, but I cannot sell my house now and haven't been able to though it has been listed for nearly a year.

This entry was:
Posted By Don at 02:14 PM
Comments (2) | Categories: Indymac, Montana Foreclosure | Tags: indymac bank montana
 

Comments

Ask them to accept the house deed in leiu of sale
Posted By concerned on February 04, 2009 at 09:53 AM
Do not let them take your home. Fight.
Their entire premise for foreclosure is WRONG. The Shared loss Agreements made by those new banks with the FDIC when they bought the assets of the failed banks is giving them profits from TARP (bailout) money beyond what they payd for the loan in the first place. AND they don't even have your original promissory note because of the Ponzi game they played on Wall Street more than once to many investors. Go watch The Warning put on by Frontline. Then research lawsuits where borrowers have won against their lenders.
We need to unite and fight the corruption. The value of your home dropped below bottom due to the Ponzi game perpetrated by Alan Greenspan, FDIC, Federal Reserve and OTS. That is why you are undeer water. Now they are giving money to the"new" banks and the insurance company, AIG, that has the same crooks in it that stole all the money in the first place. Whatever you do, don't roll over.Fight.
Look up Mortgage Back Securities, Hedge Funds, CDO's, Collateralized Debt obligation, Lehman Brothers failure and the special prosecutor's report. Basically that says that if they don't own it, they can t control it, so if your lender doens't "own" your note, which they do't, they can't foreclosure.But they will try, and they will lie, cheat and steal to get what they want. FIGHT. Fight. Fight.
Posted By ElaineB on April 02, 2010 at 10:45 PM

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