0
shah269

Illegally foreclose....fined $2,000/act

Recommended Posts

Quote

How is any of that OK

Simple, the bank failed to do it's due diligence and as such is delinquent in its position.

It's not personal it's just business.



So, it's OK to steal from a company because they made the mistake of believing the false information you gave them on an application? It's OK to bitch because you lost paperwork and so don't have the documentation to fight something they do, but if they lose documentation, it's OK to steal from them?

Share this post


Link to post
Share on other sites
You know right now some flipping would be good!
BUMP up that value a little give people some equity in their homes again via taking empty homes off the market.

Hey look not everyone is bad. Even the banks do an amazing amount of good!
It's just that well...sometimes greed trumps good.

If you ask me? The banks needed to hire some Six Sigma Black Belts to set up a nice SOP so that things like this DON'T HAPPEN.
It's a simple process control failure which could have and should have been avoided.

But it was not and well it looks as if it didn't hurt them too much.

---------------------------------------------------------
Quote

So, it's OK to steal from a company because they made the mistake of believing the false information you gave them on an application?


Nope that's a failure on the buyers part and the bank has right of way.
Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay.

The only thing that falls from the sky is birdshit and fools!

Share this post


Link to post
Share on other sites
>You know right now some flipping would be good!

Because we need another housing bubble and collapse?

Your condo is now closer to being accurately valued. (Tax breaks and incentives are still inflating it a bit.) Which is good; it will help keep you from making the same sort of mistake you made last time.

Share this post


Link to post
Share on other sites
Hey what ever gets me out I'm ok....and yeah it's all about me!
But no seriously anything is better than empty homes and condos to keep values stable.
Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay.

The only thing that falls from the sky is birdshit and fools!

Share this post


Link to post
Share on other sites
+1 to what winsor said.

It's in essence a $2000 bonus to reward selfish, greedy, and just plain dumb decision making by the people who took out those mortgages so they could live well beyond their means to "keep up with the Jones's".

Fucking Sheeples.
----------------------------------------------
You're not as good as you think you are. Seriously.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

0