More Refinance Help on Horizon for Fannie, Freddie Homeowners?

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I am fed up with evryone involved in the real estate industry. It is the very fact that the majority of home loans contain so much fraud and do not meet FreddieMacs underwriting standards, just look at the truth behind "robo signing", and banks could still count on GSE purchase that strikes the sudden fear in these greedy bastards! The banks fear buybacks and GSEs fear a national closer look at the way homebuyers were and continue to be ripped off that is holding back HARP and other homeowner assistance. The problems today were allowed to occur with blind eye from our supposed regulators. No concern heard from lenders and shareholders and investors when the the money, your money, was flowing like a nonstop river. Let a single homeowner stand up to this highway robbery and show the true nature of home finance, forgery, fraudulent conveyance, Title fraud, and the rip off that is so common place it should be called "the American nightmare" and suddenly the industry crashes. Each and evry home owner should read and understand all those documents that the smiling loan officer told you to just throw away. Read your Title Insurance if you actually have one on your property and see just how the Title companies have been protecting the so called investors and selling you down that river. I have been told by every regulator and consumer-not you- protection group out there to "Get a lawyer" after pointing out federal laws which have been broken! Starting with Notary Fraud. It is a Federal Crime to place a notary seal on a unsigned document that calls for signatures as well as those which have been forged meaning you never saw these papers. Why should the criminals who caused this train wreck pay the price? Why is the actual victim a pesty afterthought when bailouts and assistance are being legislated? Is that fair? No! Until somebody is talen away in handcuffs alah ENRON, banks and the rest continue to believe that stealing from you is perfectly legal and will continue to write the rules that they laughingly call consumer protection. If this is not offensive to you, think again about the day the hammers stopped. The day our economy stopped, To Big to Fail FAILED. Ask how this could have happened when there are enough laws to prevent it? Place the blame on the actual parties responsible than look at who is screaming the loudest.

Danielle Von Tungeln of WA 3:23PM September 25, 2012

I've tried several times to refinance my home so I can keep up with my other bills. Going through a divorce and struggling quite a bit with my weekly pay check. I've been told by 4 banks that the amount ratio that I ow is to high to the appraisal of my home. The property value has dropped due to our economy, so I'm getting punish for that.

I nned help so I don't loose my home. How can I do this ?

Brian Lefebvre of MA 9:20AM June 27, 2012

I rarely participate in these comments, but I really have to share my story with 1 company which has tremendously helped me. I just turned 74, many obstacles have come in the way of my retirement including a divorce a few years ago which really hurt me financially, to be honest I had this feeling that my savings and SS income were not going to be enough. Months and months of research and dealing with big banks - nothing but a big headache and they wanted to charge an arm and leg - I was considering a standard home equity loan but then I started reading about reverse mortgages. Long story short, i found this company while searching online - reverse mortgage lenders direct - they were able to automatically compare lenders for me and quote me a fantastic quote. I am not saying you need to do a reverse mortgage (for me this has been excellent and recommendable) but if you do here is their number 877 700 0534 - you can find the site online search for reverse mortgage lenders direct .

deanjones523 of CA 2:29PM May 09, 2012

It's a no brainer. Those of us who don't quite have 20% equity in our homes cannot qualify for all of these low interest rates that are advertised every day. My rate is at 6.5%. I Pay over $2200. a month with taxes and insurance included. If that were lowered by a few hundred a month, I would have extra cash to buy a lot of the things we need or would like to have which would be putting more money back into the economy. Right now, just keeping up with the mortgage is a struggle. More and more people (some that I know personally) have just cut their losses and stopped paying their mortgages. I've come pretty close myself. It has become a matter of survival. Just take this burden off of my shoulders.

Frank Spinazzola of MA 10:37AM April 28, 2012

that way once you refinance...there is no PR mod. or any mod. , plus it then separates your 2nd from your 1st...

pre-meditated foreclosure of CA 5:13PM April 25, 2012

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