Comments on: Bear Stearns – The mighty great Bear who preyed upon helpless Americans has been wounded to the point of death. http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/ Loan Modification & Home Loan News Mon, 22 Mar 2010 00:08:06 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: DeAnne Liero http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-16769 DeAnne Liero Wed, 16 Sep 2009 13:08:21 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-16769 Thank you Nye. I never met you, but I could hardly call you crazy for uncovering so many lies, and exposing the misdeeds of these unscrupulous mongers. It do see how it can make one a bit crazed, to constantly uncover fraud after fraud...I would get a rush from each instance found, and would ferret out as much as I could. MERS is the biggest scam being perpetrated in the US, period....and loan servicing is a huge fraud....I should know, I'm a victim. Thank you Nye. I never met you, but I could hardly call you crazy for uncovering so many lies, and exposing the misdeeds of these unscrupulous mongers. It do see how it can make one a bit crazed, to constantly uncover fraud after fraud…I would get a rush from each instance found, and would ferret out as much as I could. MERS is the biggest scam being perpetrated in the US, period….and loan servicing is a huge fraud….I should know, I’m a victim.

]]> By: Kevin Lamson http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10501 Kevin Lamson Sun, 13 Apr 2008 23:07:10 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10501 Promissory Notes who needs them? All you have to do is pretend to hold them and you can collect money from people that don't owe you a dime by foreclosing a mortgage that secures a debt that runs in favor of another party. This is precisely the problem with so-called MERS mortgages. 50 Million mortgages recorded naming MERS as a mortgagee. Yet MERS hasn't loaned a dime to anyone. Nor does MERS hold a single promissory note. It just tells Court’s that it lost them. God only knows who actually holds the 50 million promissory notes that were supposed to be secured by all these "MERS Mortgages". Perhaps Bear Stearns knows where some of these notes are? Only time will tell. Thank you for your vigilance Nye. . Promissory Notes who needs them? All you have to do is pretend to hold them and you can collect money from people that don’t owe you a dime by foreclosing a mortgage that secures a debt that runs in favor of another party. This is precisely the problem with so-called MERS mortgages. 50 Million mortgages recorded naming MERS as a mortgagee. Yet MERS hasn’t loaned a dime to anyone. Nor does MERS hold a single promissory note. It just tells Court’s that it lost them. God only knows who actually holds the 50 million promissory notes that were supposed to be secured by all these “MERS Mortgages”. Perhaps Bear Stearns knows where some of these notes are? Only time will tell. Thank you for your vigilance Nye. .

]]> By: Ralph http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-4796 Ralph Tue, 08 Apr 2008 19:28:50 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-4796 What about a center for responsible borrowing????????????????? What about a center for responsible borrowing?????????????????

]]> By: Tired of Crooks http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10502 Tired of Crooks Sun, 06 Apr 2008 03:29:20 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10502 This is to the "truth sets you free" Talk about the pot calling the kettle black. EMC/Bear Stearns is crazy. Do you deny that you have driven people out of their homes with forced placed insurance, burying payments, false documents displayed in courts to the judges you pay off. Tell us all about Jack Wright and his battle with EMC. What about the class action suit pending against you in civil court concerning thousands of homeowners from all over the country that you forced through fraud out of their homes? Tell us all about it. Everyone knows you do not lend money, you get the mortgage after the fact. Then you start the fraud with what as you call it with "scratch and dent loans. It is laughable that a company that participated and made money off of homeowners could benefit from a bailout. Why don't you take some of the money that you made off of the foreclosures and pay off some of your investors instead of having the Feds bail your sorry behinds out for the colossal mess that you have made. Look up Mortage Servicing fraud and there you are EMC Mortgage Servicing Fraud. All sorts of websites with thousands of people talking about the misfortune of having you for a servicer. Get real, you are not dealing with one man named Nye Lavalle, he is just one of your victims, why vilify him? He is just one of many exposing a crooked, greedy, villanous, vengeful, predatory, devoid of morals, reptilian company such as yourselves for the slime that you are. Sooner or later the Feds, the media and everyone else will stop looking the other way and expose you to the world for slime that you are. This is to the “truth sets you free”

Talk about the pot calling the kettle black. EMC/Bear Stearns is crazy. Do you deny that you have driven people out of their homes with forced placed insurance, burying payments, false documents displayed in courts to the judges you pay off. Tell us all about Jack Wright and his battle with EMC. What about the class action suit pending against you in civil court concerning thousands of homeowners from all over the country that you forced through fraud out of their homes? Tell us all about it. Everyone knows you do not lend money, you get the mortgage after the fact. Then you start the fraud with what as you call it with “scratch and dent loans. It is laughable that a company that participated and made money off of homeowners could benefit from a bailout. Why don’t you take some of the money that you made off of the foreclosures and pay off some of your investors instead of having the Feds bail your sorry behinds out for the colossal mess that you have made. Look up Mortage Servicing fraud and there you are EMC Mortgage Servicing Fraud. All sorts of websites with thousands of people talking about the misfortune of having you for a servicer. Get real, you are not dealing with one man named Nye Lavalle, he is just one of your victims, why vilify him? He is just one of many exposing a crooked, greedy, villanous, vengeful, predatory, devoid of morals, reptilian company such as yourselves for the slime that you are. Sooner or later the Feds, the media and everyone else will stop looking the other way and expose you to the world for slime that you are.

]]> By: Barbara Goodman http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10483 Barbara Goodman Fri, 28 Mar 2008 15:15:14 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10483 Amazing.. I am a EMC mortgage holder for the last 10 years- not by choice but because my mortgage was sold to them by Superior Bank who went under back then. I pay a 12 1/2 % mortgage interest rate and have been since they obtained my loan.I must admit that I have been behind in my payments from time to time. but it seems to not matter. I When they received this loan the balance was 45,000. Guess what --the balance is 44,000 ten years later. I emailed a group about 5 years ago online and there were many people back then saying this was a predatory loaner. once I became unemployed and was almost 3 months behind and went to an outside agency that helped me save my house. Before they could put the paperwork through for EMC had placed a went into-foreclosure notice on my credit report which is making it hard for me to find a new lender. They wanted me to lose my house and then they made it hard for me to refinance with other companies. I want to see all of these rich demons beat and cheat God into heaven- it will never happen... They rob and steal from the poor while they walk away with 61 millions of hard earned working people. If that isn't gettin fat off the camels back - I don't know what is...I hope they crumple to their ankles and crawl like the snakes they all are!! Yes I am a little angry cause I am tired of this nonsense over and over... They walk away with a slap and a fine... What will become of this predatory lender EMC??? Amazing.. I am a EMC mortgage holder for the last 10 years- not by choice but because my mortgage was sold to them by Superior Bank who went under back then. I pay a 12 1/2 % mortgage interest rate and have been since they obtained my loan.I must admit that I have been behind in my payments from time to time.
but it seems to not matter. I When they received this loan the balance was 45,000. Guess what –the balance is 44,000 ten years later. I emailed a group about 5 years ago online and there were many people back then saying this was a predatory loaner. once I became unemployed and was almost 3 months behind and went to an outside agency that helped me save my house. Before they could put the paperwork through for EMC had placed a went into-foreclosure notice on my credit report which is making it hard for me to find a new lender. They wanted me to lose my house and then they made it hard for me to refinance with other companies. I want to see all of these rich demons beat and cheat God into heaven- it will never happen… They rob and steal from the poor while they walk away with 61 millions of hard earned working people. If that isn’t gettin fat off the camels back – I don’t know what is…I hope they crumple to their ankles and crawl like the snakes they all are!! Yes I am a little angry cause I am tired of this nonsense over and over… They walk away with a slap and a fine… What will become of this predatory lender EMC???

]]> By: truth sets you free http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10485 truth sets you free Wed, 26 Mar 2008 06:08:04 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10485 Nye Lavalle is the wrong person to have representing a website that provides an outlet and advice for distressed homeowners. The guy is a weekend warrior with zero knowledge of capital markets. Lavalle’s ignorance shows he couldnt even hold a mop for a janitor at Bear Stearn’s. Here is his supposed proof of the smoking gun….http://www.msfraud.org/Articles/predbear.pdf 8000 thousand hours of work and it still reads like it was written by a second grader!! He proudly displays that link in various threads like a modern day sherlock holmes. I would be embarrassed to claim that garbage. It is full of gramitical errors, redundancies,fallacies and is completely incoherent. Can he form one complete thought?? No lawyer would EVER take that document seriously. It is a complete insult to everyone’s intelligence. He spreads misinformtion to distressed homeowners to exploit their unawareness of this industry. He is the pathetic predator. He named his organization “pew mortgage institute” with the intention to cause confusion with the prestigious “pew research institute” a think tank in Washington D.C. This link should raise a red flag about lavalle….. http://blog.copywrite.org/2006/10/14/the-bear-stearns-companies-inc-v-lavalle/ Nye “the con” Lavalle needs to have some knowledge dropped on him before he spews his fallacies and peddles them as truths. His behavior is reckless and unfair. Nye Lavalle is the wrong person to have representing a website that provides an outlet and advice for distressed homeowners. The guy is a weekend warrior with zero knowledge of capital markets. Lavalle’s ignorance shows he couldnt even hold a mop for a janitor at Bear Stearn’s. Here is his supposed proof of the smoking gun….http://www.msfraud.org/Articles/predbear.pdf

8000 thousand hours of work and it still reads like it was written by a second grader!! He proudly displays that link in various threads like a modern day sherlock holmes. I would be embarrassed to claim that garbage. It is full of gramitical errors, redundancies,fallacies and is completely incoherent. Can he form one complete thought?? No lawyer would EVER take that document seriously. It is a complete insult to everyone’s intelligence.

He spreads misinformtion to distressed homeowners to exploit their unawareness of this industry. He is the pathetic predator. He named his organization “pew mortgage institute” with the intention to cause confusion with the prestigious “pew research institute” a think tank in Washington D.C. This link should raise a red flag about lavalle…..

http://blog.copywrite.org/2006/10/14/the-bear-stearns-companies-inc-v-lavalle/

Nye “the con” Lavalle needs to have some knowledge dropped on him before he spews his fallacies and peddles them as truths. His behavior is reckless and unfair.

]]> By: truth sets you free http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10484 truth sets you free Wed, 26 Mar 2008 05:00:52 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10484 Nye Lavalle is a quack and a scatterbrain. He feels strongly about the pew case because it is his parents. Oh NO! Lavalle is exposed! Lets get the whole story folks. Here is the fabulous link that proves he should be in a room with padded walls wearing a straight jacket...... http://blog.copywrite.org/2006/10/14/the-bear-stearns-companies-inc-v-lavalle/ EMC is a servicer and a sub-servicer for other banks. This is common practice across the industry and not fraudulent. There are companies that service and companies that manage the assets. The assets are the actual notes and property. Nye Lavalle is a quack and a scatterbrain. He feels strongly about the pew case because it is his parents. Oh NO! Lavalle is exposed! Lets get the whole story folks. Here is the fabulous link that proves he should be in a room with padded walls wearing a straight jacket……

http://blog.copywrite.org/2006/10/14/the-bear-stearns-companies-inc-v-lavalle/

EMC is a servicer and a sub-servicer for other banks. This is common practice across the industry and not fraudulent. There are companies that service and companies that manage the assets. The assets are the actual notes and property.

]]> By: Statement From Michael Calhoun - President, Center for Responsible Lending http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-4795 Statement From Michael Calhoun - President, Center for Responsible Lending Thu, 20 Mar 2008 08:03:38 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-4795 [...] March 20, 2008Statement From Michael Calhoun - President, Center for Responsible Lending Statement From Michael Calhoun - President, Center for Responsible Lending WASHINGTON, March 19\'c2\~ /PRNewswire-USNewswire/ \'e2\'80\rdblquote The Federal Reserve Board has repeatedly tried since September to contain the foreclosure crisis damage that\'e2\'80\'99s spreading rapidly into the general economy. It has lowered key interest rates a half dozen times and, to quote the Wall Street Journal, \'e2\'80\'9cundertaken the broadest expansions of its lending authority since the 1930s.\'e2\'80\'9d [\'e2\'80\'a6] more… [...] [...] March 20, 2008Statement From Michael Calhoun – President, Center for Responsible Lending Statement From Michael Calhoun – President, Center for Responsible Lending WASHINGTON, March 19\’c2\~ /PRNewswire-USNewswire/ \’e2\’80\rdblquote The Federal Reserve Board has repeatedly tried since September to contain the foreclosure crisis damage that\’e2\’80\’99s spreading rapidly into the general economy. It has lowered key interest rates a half dozen times and, to quote the Wall Street Journal, \’e2\’80\’9cundertaken the broadest expansions of its lending authority since the 1930s.\’e2\’80\’9d [\'e2\'80\'a6] more… [...]

]]> By: Goldnotes - A Resource Investor’s Blog » London Irvine Report, March 18, 2008 http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10491 Goldnotes - A Resource Investor’s Blog » London Irvine Report, March 18, 2008 Tue, 18 Mar 2008 15:20:14 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10491 [...] http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americ... [...] [...] http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americ... [...]

]]> By: Laura http://loanworkout.org/2008/03/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10494 Laura Tue, 18 Mar 2008 04:25:43 +0000 http://loanworkout.org/2008/03/16/bear-stearns-the-mighty-great-bear-who-preyed-upon-helpless-americans-has-been-wounded-to-the-point-of-death/#comment-10494 At least now the FED can't pretend that it will go to any means to support the financial markets AT THE EXPENSE OF THE AVERAGE CITIZEN. The FEDS assumption has always been that the average person is an idiot and not worthy of consideration. Well, it (the FED) is hopefully and finally shooting itself in the foot, albeit with buckshot from far away. At least now the FED can’t pretend that it will go to any means to support the financial markets AT THE EXPENSE OF THE AVERAGE CITIZEN. The FEDS assumption has always been that the average person is an idiot and not worthy of consideration. Well, it (the FED) is hopefully and finally shooting itself in the foot, albeit with buckshot from far away.

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