What to do? Popular UNLOADED My PREDATORY LOAN!

[leap4juls]

I Don't Know Where To Post This, I Have On Going Situation With My Mortgage, I Have Been Hoping To Get Some Advice On This Question:
My Mortgage Co, Popular, Is Unloading All These Loans, Assuming Mine Included. I Have Both Legal And Civil Issues With The Mortgage I Have With Them. Do I Have To Hurry And Address My Concerns Tell Them About My Discoveries Of Forged Pages? Because I Don't Know For Sure Who Is Involved Yet. It Is Hard To Say Because All Have Had These Docs At One Time. I Don't Want To Accuse Anyone Before Being Sure. I Am At A Stahl Trying To Figure Out Where To Go Next, They Are Trying To Foreclose On Me, Or At Least "intending To" If I Wait To Hear What The Authorities Have To Say? No One Has Really Responded With Any Help Accept To Say You Will Have To Approach This Civilly. But I Can't Right Now Without The Money. I Have Reported It Everywhere From Ftc To Fbi, With The Exception Of Local Police. I Will Try Them Now.

If I Don't Move Quickly Will I Lose My Chance. Will The New Shark In Town Aig Have Any Responsibility For This? Or Still Popular.
If There Is A Settlement To Reach Can I Do This On My Own? I Just Can't Believe It Is This Hard To Go After An Illegal Activity Such As Fraud And Forgery Without A Bundle Of Cash.
I Know It Is Better With An Attorney Than Without, But I Believe This Sell Out Is Really Soon. Thanx For Any Help!

We have all been giving you advice for quite some time and we have advised that you retain an attorney as your case is complex and beyond our scope of ability to cure or even suggest a cure to. You need to obtain legal assistance in this matter, you need to involve law enforcement if it is germane. Please, please retain an attorney, there are appears to be no other choice in the matter.

The owner of your loan, servicer of your loan, lender on your loan has a right to sell the loan. At this point you have to take the initiative to retain legal counsel in your matter.

I am very sorry, but you really have to have an attorney.

[leap4juls]

first i had to look up "germane". yeah got it... i

have been working with an attorney, the problem is I am Out of funds. Hence the title. do you know they charge $250 to $350. an hour? Yikes!
I really didn't mean to give you the impression I wanted you to offer me legal advice. I simply wanted to understand your feeling behind your suggestion (to the woman asking about forgery) to 'notify the lender of her actions to file complaint with law officials.' I just don't trust them with the truth, they could cover their butts and leave you ____t out of luck. or at least that is my thought. I figured you had some insight into this.

I know, you are so right, there is no other way to do it RIGHT without an attorney. Although, there in lies the rub. Catch 22, (guess i'm dating myself here) you really have to have the money to spend in order to pursue justice, and recover your loss. This is my point. I can't go on like this. I have done much work in order to save money with the attorney. Every bit of info helps.
If there is anything to discover through another's eye, then I am open.

I think, after rereading my post, I am going through thoughts a mile a minute. Blogs are probably not the best for me, I don't think the hand keeps up with the words in my case. It's crazy, wow, I can't even read it. But I sometimes the ADD in me leans to the lazy side,especially when i am tired. like now,at 3:00am (i am re reading this time.) My expression is too confusing for some. Oh come on let's be honest, confusing for most. It is a combination of stress, fatigue, and desperation. Missing the segway. Bad habbit.

Copy and paste here, have not mastered Quotation Tool.

No One Has Really Responded With Any Help Accept To Say You Will Have To Approach This Civilly. But I Can't Right Now Without The Money. I Have Reported It Everywhere From Ftc To Fbi, With The Exception Of Local Police. I Will Try Them Now. You know, I really could use a translator.

The NO ONE I was referring to, were the people over the phone, when I called the FTC and the many other governmental agencies. I guess they hear so many cases. They simply take comments, complaints, and information. You know, for their files.

I am just looking for a way to keep any more expenses down. I really have borrowed money from all my family. I am at the end of the line, and I have not gotten where I need to be. I owe the attorney money. I didn't want to get behind on that, well, I am. It sure adds up quickly. I hoped that I would find some answers to questions only someone who knows the behind closed doors mentality of the mortgage companies.
You know, like "is this something a mortgage company might do, in a situation like this?"

I realize this is a complex story, and yes, you are right, I have been asking questions and telling this story for quite some time. It is a very difficult story to tell.

I am sorry if you have misunderstood my comments or questions. I have been receiving advice or opinions from some very nice and knowledgable people on you site. *** has offered encouragement as well as advice. Mreedlaw, has offered information as well, I have used their knowledge as a sounding board. I guess I need to just get this out. I don't really talk about this in my daily routine. It is awe consuming. So, if I babble, please forgive me, I am familiar with this phoenomenon. It is me.

Good night, sweet dreams, juli

[Moe Bedard]

Juli,

Please call me after 12 pm today PST and I'll see what I can do. I know this is tough and there isn't much help out there. If I look at your loan documents for free, then I am asking whoever I help to help me by publicizing their stories and chronicling them here on Loan Safe. This will include full names, address and pictures. I want the media to see the "real people" behind Loan Safe and the power of the people.

If you will do this and pay any mailing costs, copying etc., then I can help Juli.

[leap4juls]

Moe as a matter of fact I just called for a copy last week and yesterday they got back to me finally. Will pick it up and send. I will look into fedex email docs service otherwise mail
thanx, juls

oh ps, i was just on line searching "settlement sheet forged" and to my surprise, my last post on this on your blog was #5 on the list.

[leap4juls]

Well I better update this thread. Popular did not unload my loan. In fact they filed foreclosure on me on the 29th of February, coincidentally, my birthday.

I was finally served on the 29, March. I expected it would be some really mean looking guy with lots of thick gold chains. Nah, it was a nice older guy. He told me he had experienced not a foreclosure, but had lost all he had in a successful business. He reminded me it's just stuff. It's so hard to see it as "stuff". We think of our homes as our nest, our safety and security from the outside. A very special place, with an old tire swing, the old swing set the kids have really grown out of, the trampoline, the path around the tree to the fence where my dog tried viciously scare the c**p out of my next door neighbor dog. Actually when over there feeding him while his dad, my friend and neighbor was in the hospital, I got to see her from the other side, she did scare the c**p out of me. Sadly, my neighbor died.

Our neighborhood is one of dear friends. The elderly woman next door, my children consider her as an aunt, she will be 93 this year. She is like a grandmother and dear dear friend to me. She has been here at least 60 years. She knows all the history of all the homes and there occupants. She has told me the stories of the woman who built the house we live in, 85 years ago. So many of the people we have met in our neighborhood and through our neighbor, helped to form this town, they or their family. This is a town of homes built mostly in the 1700s and 1800s. A town rich in history. We live pretty close to one another, the way they used to build homes here. Long deep yards, private with 70 ft high spruce trees, so beautiful. The beautiful pool we put in when my son was a baby. The kids have enjoyed the pool so much.

Not wanting to leave, I have spent more than one year trying to find an answer to all of this. My attorney was ready to pass me on. Unfortunately I am behind in my monthly paid invoice. I was ready to handle the foreclosure answer on my own and try to find a consumer advocate attorney. I had asked him how I go about seeing the original note. He said he's sure they have it. They would not have filed foreclosure otherwise hmm, yeah, right.

He has let me know I am 2 months, no less, away from losing my right to depose the broker. Well, that presents a problem, I can't go on with out more money.


The attorney has no experience with the consumer as plaintiff side of the table. He has been telling me there is no real award in court with out spending $100,000. in experts. We differ a great deal in opinion. This case seems (to me) like a regret to him. I am the poster child for predatory lending. Yes, my husband and I were ignorant with regard to these financial matters. We were fed a bunch of lies. Just on the verge of feeling it was time to change my husband's business, move our location, expand, this broker became our "financial expert, tax man, business manager", handling all our books, making all kinds of promises for a rosy future where he had business partner who was interested in this type of business. It would have been great. More exposure for my husband.

My husband is very talented and brilliant in the area of nutrition, supplemental and healing. He is a well of information and has helped so many people live happy healthy lives, and he has helped some get through cancer and other illnesses with the appropriate natural support. Now, he is struggling to survive. It was time to move. Now he is unable, his business has suffered for it.

I decided two days ago, in deep frustration over my attorney not doing anything, wanting me to move on to a contigencey attorney, or pay in full, and fearing I was pretty certain I would not come up with the balance in a few days time. I have erred so on the side of caution. But afraid I would have such difficulty with such short notice to handle the answer to the court myself, out of sheer frustration, I picked up the phone and called the mortgage company. I spoke with a customer service person. She said my account said foreclosure. I asked her how that could be since the loan was rescinded, she said she'd look. It turns out my account says, hold, do not foreclose. She said this would not have gone to an outside attorney, it must be a computer error. I don't really believe that, there was a person at the company listed to contact. I did and he did not return my calls. The next da I called back having not heard back from the compliance dept. I spoke to the supervisor and she told me she knew exactly where my house was. She said she remembered my name from the year before. When they first got my file in her department. She said she would look into it, the staff is overwhelmed with many different hats. The company went from 3,000 to 250 in the recent months. There are just not enough hours in the day to handle the heavy work load, with this market change. Yeah, market change. They just dumped millions in subprime loans to another big mortgage super giant. They just are having a hard time keeping up with all the houses they will foreclose on. Awh. No reflection on this woman personally. Just the company.

Well, low and behold the next day, early afternoon, the attorney wrote me, all excited the were going to withdraw the foreclosure claim. If I had not made that call I would have spent so much more time and money. This will come again though. I have given myself some extra months to search and try though. This is good. The mortgage company wants to give me a loan mod. the problem is, with all the changes in my life, marital status, business status, and time spent helping my children handle this with out it getting the best of them.Our lives are in a complete shambles. I still won't be able to handle the mod.

I have done more than my usual reading. I have been really honing in on the Homeowner Security Act, and the letter I read dated 3/2003 from the OCC

http://www.occ.treas.gov/ftp/advisory/2003-3.pdf

This is such a frustrating position. My attorney says I can only recover actual damages, but my real damages are a bit harder to pinpoint. My husband's business. So, so much more. Probably including decreased value of home, waiting to pursue previous claim against our contractor. Certainly our sanity. Credit status no doubt. on and on...

I guess the short term moral of this part of my saga, is don't be afraid to contact the mortgage company and make your demands, in a nice way I guess. I am sometimes afraid to call because I am concerned I will make things worse. Well, no, I handled it really well. However they never did respond to my request to see Original Note, or the lender broker agreement. They have a different name for that in their file. What a surprise.

Oh, I also found a case file on the Title Insurance Company who also has a fishy oder, where they were required to pay millions in restitution and penalties for improper settlement procedures. With demands to retrain all their employees. This is my issue with them, closing procedures. They were strongly warned to pay up, and I guess, never do this again...

Anyone have any stories to share on monies awarded the consumer in a case where it is, difficult to place a number on damages? Maybe injunctive and declaratory relief.

I just want to keep our home, to look out my window, right at the tree house my husband built for the kids. Out the kitchen window to see my neighbor feeding the birds and tending to her flowers. To see my kids happy.

The mortgage company has a responsibility to remain trustworthy and protect the consumer, they are in a fiduciary position here. They are responsible to the borrower to be sure of their underwriters and post closing employees, for the Brokers they allow to broker their mortgages, and the Title Insurance companies. Lender Liability! We should not have to lose our homes!!!

[leap4juls]

Oh, one more thing, the good, no, bad thing that works out for us hordes of people fighting foreclosure, is the quantity of people fighting is backing up our courts so much that it is taking longer to be foreclosed on, at least here in my area. I called the court today, to make sure they actually did as they said they would, withdraw the foreclosure claim, no not yet. (I don't trust them.) He said call in two more weeks, if you don't see it has been removed quick send an answer. They may file again if we can't come to an agreement, but I have an extra, at least,few months.

Keep on top of the foreclosure process, we can't leave it to them.

Keep fighting, I can't stop thinking if I give up, how will I feel if the government puts harder pressure on the mortgage companies, and I gave up the week before? I am starting to see more and more written on the mortgage companies taking amounts of the top of the principal to enable homeowners to stay in their homes. They really will have to do this.

The country is suffering so, there are 15 retail spaces available on our Main Street. I am stunned, this is a very recent thing. Even Office Max and Comp USA , 2 super stores closed their doors in the same shopping centre. This is telling. The landlord raised the rent and the two stores couldn't afford the lease. The Government has to help to make the Mortgage companies step up and clean up this mess.