Genetics explain Beth's stupidity

[BamaMoose]

EFerrari  (1000+ posts)        Tue Jul-14-09 07:51 PM
Original message
My mom put in for a loan modification and it was delayed and delayed
 and suddenly, she's been refused and they're taking her property.

It's theft. She went to them in good faith, the bank played her along and now, they're stealing her property.

I don't think there's anyone she can call to slow this down or to prevent them from walking away with her property.

She spent weeks dealing with this bank who shall remain nameless, putting together her package, her credit is fine, it was going well. And they held her off exactly until the point where she had no recourse. What a huge scam this is.

I'm trying to help her but real estate is like a black hole. Even if you can show what happened, who do you take it to? There's no one there watch dogging this shit and even most judges don't know very much about real estate law. This is unreal.

Evil bank taking her home after she ran up on hard times?  Ummmm probably more to this story than meets the eye.

EFerrari  (1000+ posts)        Tue Jul-14-09 07:56 PM
Response to Reply #1
4. The bank said that they couldn't do a remodification until it went into default.
 And while it's in default, you can't make payments.

This is like some remake of Hansel and Gretel.

EFerrari  (1000+ posts)        Tue Jul-14-09 07:59 PM
Response to Reply #5
9. They said they couldn't do a refi or a remod without it.
 Unreal. I wonder how many other people are being scammed this way.

Yeah, she needs a lawyer. Yesterday.

So Beth's Mom intentionally defaulted on a loan to try to force the bank to refinance.  Good plan.

EFerrari  (1000+ posts)        Tue Jul-14-09 08:09 PM
Response to Reply #19
21. Yeah, they lied to her and they will probably get away with it
 Edited on Tue Jul-14-09 08:10 PM by EFerrari
and there goes the income that was providing for her.

I can't even be mad right now because I might break something.

And it was a rental property.

Xithras (1000+ posts)        Tue Jul-14-09 08:17 PM
Response to Original message
28. Does she still have her payment money?
 That's the kicker for most banks. I've known a few people now who went overdue to force a modification, and all of them banked the money they'd have otherwise used to make mortgage payments. Once the refi was worked out, the bank wanted that money as a "settlement" to bring the account current again. In the one case I know of where the modification was refused, the person used the money to pay back the "overdue" payments and brought the account current again.

Does she have the money to settle with the bank and try to bring the account current? Every single agency and company that assists in modifications tells clients to bank that money as insurance and to help complete the modification process, and I've never heard of a bank refusing to allow an overdue account to be brought current.

What bank is it? No need to protect the moneygrubbers IMHO.

EFerrari  (1000+ posts)        Tue Jul-14-09 08:53 PM
Response to Reply #28
41. Not all of it. She's going to have to raise some
 but this is going so fast, it's like just want her to give up, the f#ckers. They seem to want her to freak out and to give up and just let them walk about with her stuff. Vampires.

EFerrari  (1000+ posts)        Tue Jul-14-09 07:57 PM
Response to Reply #2
6. We have to find money to pay her way out. There's no one
 in government that will really help with this.

But, it's amazing. She did exactly what she was supposed to do and the bank used that to try to steal her property. They may do it, too

And she didn't bank the mortgage payments, so she can't get current on the loan she intentionally defaulted.

Beaverhausen  (1000+ posts)        Tue Jul-14-09 08:05 PM
Response to Original message
16. You might want to call your congressperson's office
They should provide help for these situations.

Yeah, Congress needs to hear about this.  So how would this conversation go.

Beth's Mom:  Hi, I'm a DUmmie's Mom, and I quit paying my mortgage on some commercial property 'cuz I thought that would force the bank to give me a lower interest rate on my property loan and the bank wouldn't give into my demands and told me to get current on my loan or get out and I laughed at them and told them I had already spent that money on beer and same-sex hookers and they foreclosed on me.  Can ya believe it?

CongressCritter:  Um, yes.

Beth's Mom:  Well, what are you gonna do to help me?

CongressCritter:  Call back in 72 business hours for the answer to that question.  <click>

Beth's Mom:  NOT ONE DIME MORE!!!!

Maybe this explains why Beth is such a mental defect.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6069007

[franksolich]

Oh my.

Doug's ex-wife not telling the whole story, again.

[Ralph Wiggum]

She's getting pissed at anyone who questions her story, too.

[Ree]

EFerrari  Donating Member  (1000+ posts)       Tue Jul-14-09 08:55 PM
Response to Reply #40
43. My mother has been in commercial real estate for 35 years.
   
If they pulled this on her, it must be happening to a lot of people. They bet she would do it on a handshake and then, they changed the rules.

Somthin is hinky here....

[Ree]

She's getting pissed at anyone who questions her story, too.

No shit check this out:

TexasObserver  (1000+ posts)    Tue Jul-14-09 11:06 PM
Response to Original message
99. "and even most judges don't know very much about real estate law"
   
Edited on Tue Jul-14-09 11:18 PM by TexasObserver
Judges know real estate law about 100 better than you or your mother, which is one reason she's in this mess. Her mistake was thinking she could fix this herself, and not getting competent professional help when she needed it.

If you want to help your mother, get a lawyer to help her. It might not be too late. The story you have told simply doesn't make economic sense. The bank doesn't want your mother's property back unless she's (1) seriously delinquent, and (2) has no hope of paying the debt she has on the property. They can't be about to take the property unless she has failed to pay her loan.

YOU could get the loan. You could sign on the paper and help her keep her house. Have you tried that? Many adult children are willing to help their parents in these circumstances.
   
 
EFerrari Donating Member (1000+ posts)  Tue Jul-14-09 11:23 PM
Response to Reply #99
105. Tell you what. **** off. Thanks.
   

[The Village Idiot]

Lemme guess.

She missed multiple payments and probably wrote them a bad check or something before. They no longer trust her.

[Ree]

Lemme guess.

She missed multiple payments and probably wrote them a bad check or something before. They no longer trust her.

Or else her daughter was suppose to make the payments.....

[BamaMoose]

I love when one of them claims something that makes no sense at all and the other DUmmies chime right in agreeing with them.  It's like they are trying to trump each others' stupidity with even bigger tales of dumb.

[GOBUCKS]

You might want to call your congressperson's office
They should provide help for these situations.

And be sure to send it to Keef and Rachel....and Dennis....and Conyers.

She should get on the horn with DUmmy flyarm and start an urgent DU fundraiser.

She did exactly what she was supposed to do and the bank used that to try to steal her property.

What she was supposed to do was to make the scheduled payment, by the due date, each and every month unil the amount borrowed has been repaid.

If she does not do that, it is no longer her property. That is the concept of a mortgage, which DUmmies cannot grasp.

Tan Gent (137 posts)      Tue Jul-14-09 07:57 PM
Response to Original message
8. That's a shame but apparently it isn't her property.
If it is, just call the police.

Lousy Freeper Troll

EFerrari  (1000+ posts)        Tue Jul-14-09 07:59 PM
Response to Reply #8
10. Enjoy your stay at DU.

Yep, confirmed again:
1. Sheila Jackson Lee
2. Cynthia McKinney
3. Beth Ferrari

[AllosaursRus]

Holy smokes! How stupid can you get? I have seen situations on rentals where the owner fails to make repairs so the tenant quits paying the rent. Tenant "banks" the payments, judge tells landlord to fix it! Landlord says they haven't paid the rent! Tenant shows judge the money. Landlord E'sSAD!

Judge tells tenant if they hadn't banked the money they wouldn't have a leg to stand on and would be put out on the street.

[The Village Idiot]

So,

pointing out that if you don't pay for it you don't own it, is now grounds for a TS at the dump??

How is that tolerance of dissent working out??

[AllosaursRus]

So,

pointing out that if you don't pay for it you don't own it, is now grounds for a TS at the dump??

How is that tolerance of dissent working out??

So did they TS Tan Gent? I'm too lazy to row over to the island tonight.

[JohnnyReb]

I guess the old woman was confused. She not only thought Obama was going to make her house payments but those payments on rental property too.

[AllosaursRus]

I guess the old woman was confused. She not only thought Obama was going to make her house payments but those payments on rental property too.

Typical DUmmie!

[miskie]

I think its one of three things.

A ) She missed multiple payments and there was no way anyone was going to bail her out.

B ) She intentionally missed payments hoping the government would bail her out and force an interest rate deduction.

C ) The investment property was a half-baked 'get rich quick' scheme, and now she is paying the price.

[The Village Idiot]

So did they TS Tan Gent? I'm too lazy to row over to the island tonight.

no.  someone threatened it

[Tucker]

Oh my.

Doug's ex-wife not telling the whole story, again.

No doubt. This part raised my eyebrows.

EFerrari  (1000+ posts)        Tue Jul-14-09 07:51 PM
Original message
My mom put in for a loan modification and it was delayed and delayed
 and suddenly, she's been refused and they're taking her property.

It's theft. She went to them in good faith, the bank played her along and now, they're stealing her property.

I don't think there's anyone she can call to slow this down or to prevent them from walking away with her property.

She spent weeks dealing with this bank who shall remain nameless,

They never had a problem naming names before. Unless it's not true and don't want to be sued.

[LC EFA]

JVS  (1000+ posts) Tue Jul-14-09 08:42 PM
Response to Original message
36. Do you have a scorched earth exit plan in case things go poorly?

Don't you just love it when a primitive actually reveals something about their true nature.

[jtyangel]

Oh FFS, she probably got a standard letter that comes despite you working it out with the bank. It takes a call and a bit of time with them to get it sorted out. I know we like to think DUmmies are well, DUmmies, but I've known of instances firsthand where the bank screws up with getting this stuff sorted out--they lose paperwork, claim they never got it. I don't mind naming names--Wells Fargo is NOTORIOUS for f*cking up that process. It's scary to get that letter if you don't call and realize they f*cked up if you did your part. Part of it is a waiting game so you don't know they didn't get certain things until you get that letter. The communication is HORRIBLE and it's damn near impossible to get anyone in that loan mod dept. on the phone.

Anyone here judging a loan mod can go to hell too. Shit happens. I won't judge a dummie for trying to get a loan modification. A loan mod is an effort on the part of a homeowner to make good on their debt and NOT lose their home-0-it is something they ACTIVELY initiate to try and work something out with the bank wihtout government intrusion--just two private entities reworking a contract to their mutual benefit. Someone shouldn't be called a piece of shit when they are making efforts to correct for hard times and aren't just sticking their head in the sand and walking away. And banks(and businesses) do f* up. I've had to deal with a friend of mine who got the lovely foreclosure letter when they were supposedly working on a loan mod. The business f*cked up and 'lost' the paperwork, then said they never sent it out, etc etc. That conversation I remember well and the individual was very stressed over it not  knowing what happened since they were and had done all the steps they were asked for the loan mod. Come to find out the bank dropped the ball and this person had proof of the things they sent and when so it was ALL the bank. bTW, it all worked out in the end and a loan modification was completed so that letter oftentimes means that you need to get on the horn right away and find out what the sam hill they are doing over there.

[Tucker]

Gets hit with both feet.

TwixVoy  (1000+ posts)        Wed Jul-15-09 04:13 AM
Response to Reply #6
153. LOL Holy shit
 "exactly what she was supposed to do"

"Supposed to do" according to you is this

1. She calls up the bank and finds out she is not able to participate in the program because she is able to make her payments has been doing so.
2. Bank tells her the program is only for people who legitimately can not make payments.
3. She takes this to me that she should stop making payments in hopes it will trick the bank in to thinking she actually can't make payments.
4. Bank forecloses after several months of not making payments.
5. The bank therefore "tricked" her in to no longer making payments, and is trying to "steal" her property.
6. We are supposed to feel bad for her while her bogus application for "help" that takes months to process takes attention away from people who actually need help and are running out of time.

That is some truly funny shit.

This is like a millionaire trying to qualify for food stamps. He is told he does not qualify, and that "food stamps are for people who can't afford to buy food". So he stops eating for a month, gets seriously ill, tries to get food stamps, almost gets them but fails when they find out he has millions in the bank.... then makes the claim the food stamp people "tricked" him in to not eating and they are responsible for his dire situation.

Does that sound ridiculous to you? I hope so because that is how ridiculous your claim the bank tricked you is. How about doing the HONEST thing and post back the other details of your situation you conveniently edited away from your other posts (such as being able to pay but choosing not to) before you get all these people who missed that info looking like idiots writing to the bank/congress people in your defense?

[jtyangel]

Ok, now that I ranted about loan mods, I read the details of this one and it appears Beth wants everyone to do something for her mother, but her. That is now on her and this is mother's rental property? I have no pity. Most people I know trying for loan mods are tyring to keep a roof over their head, not a steady stream of income. 

[JohnnyReb]

TwixVoy has aquired what is a fatal disease in DUmmieland..........commonsense.

[Karin]

Well!  Twixvoy! 

Anyway, I always laugh out loud when one of them recommends calling congress.  How stupid can you get?  Congress isn't listening to ANYBODY nowadays, let alone taking on some personal problem.  What the hell do they think over there? 

[thundley4]

Well!  Twixvoy! 

Anyway, I always laugh out loud when one of them recommends calling congress.  How stupid can you get?  Congress isn't listening to ANYBODY nowadays, let alone taking on some personal problem.  What the hell do they think over there? 

1. They don't.
2. If they do, they think they are relevant. 

[franksolich]

no.  someone threatened it

Yeah, Doug's ex-wife has a habit of doing that, along with other primitives.

To me, that should be a tombstoning offense.

It insinuates that the primitives run Skins's island, deciding who can stay and who can't stay.

My fellow alum Skins runs Skins's island, not the primitives, and this is a challenge to his authority.

If I were to say to a member here, "Hey, goodbye, you can't belong here," I'm sure Kevin, Thor, Chris, and Dixiebelle would have me banned in an eye-blink.

Of course, I can think of about 1,037 other reasons Doug's ex-wife should be tossed off the island, but my fellow alum doesn't pay attention to me.