Loan Modification Forum - LoanSafe.org - View Single Post - Final Housing Bill Passes House, Bush to Sign into Law

Moe Bedard · 07-26-2008, 10:43 AM

I have not heard about this happening, but I will definitely look into that.

The problem is that you have so many players and big wigs that cant agree on just fixing these loans for those that deserve their loans fixed. Plus you have the evil servicers who make money off of late fees and garbage fees because a person is in default.

As long as their (servicers) allowed to operate like the wild wild west, then we will continue the circus and hamster wheel routine.

There needs to be at least 100,000 people to be hired by these servicers to "properly" help homeowners and this is a low number. Until I hear this (mass hirings and more offices) is being done, it is all just BS lip service and the we, the American people need to demand that more be done and make sure that congress knows what is REALLY happening on main street.

07-26-2008, 10:43 AM	#29 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Final Housing Bill Passes House, Bush to Sign into Law I have not heard about this happening, but I will definitely look into that. The problem is that you have so many players and big wigs that cant agree on just fixing these loans for those that deserve their loans fixed. Plus you have the evil servicers who make money off of late fees and garbage fees because a person is in default. As long as their (servicers) allowed to operate like the wild wild west, then we will continue the circus and hamster wheel routine. There needs to be at least 100,000 people to be hired by these servicers to "properly" help homeowners and this is a low number. Until I hear this (mass hirings and more offices) is being done, it is all just BS lip service and the we, the American people need to demand that more be done and make sure that congress knows what is REALLY happening on main street. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.