Comments on: Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Wed, 28 Mar 2012 18:33:33 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Loss Mitigation News http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-13082 Loss Mitigation News Wed, 18 Mar 2009 20:31:48 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-13082 Can everyone say, “predatory servicing?” Welcome to mortgage servicing 101. This is the reality, many of these services don't care who they are impacting negatively. Can everyone say, “predatory servicing?” Welcome to mortgage servicing 101. This is the reality, many of these services don’t care who they are impacting negatively.

]]> By: Angelo and the Countrywide Gang - Their Rules in Their World? | Loan Modification & Home Loan News http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10839 Angelo and the Countrywide Gang - Their Rules in Their World? | Loan Modification & Home Loan News Tue, 10 Jun 2008 14:21:48 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10839 [...] Whether it be a disgusting email to a homeowner trying to save his home, a pist off Senator Schumer letter asking Angelo how they made so many crappy loans or now, special mortgages made to “Friends [...] [...] Whether it be a disgusting email to a homeowner trying to save his home, a pist off Senator Schumer letter asking Angelo how they made so many crappy loans or now, special mortgages made to “Friends [...]

]]> By: Moe Bedard http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5061 Moe Bedard Fri, 16 May 2008 14:31:04 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5061 great info everyone. this issue needs to be addressed and fast! great info everyone.

this issue needs to be addressed and fast!

]]> By: colahhh08 http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5062 colahhh08 Wed, 14 May 2008 23:19:43 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5062 FYI Looks like San Bernardino is requiring you to submit application for consideration. http://www.sbcounty.gov/assessor/Decline.asp FYI
Looks like San Bernardino is requiring you to submit application for consideration. http://www.sbcounty.gov/assessor/Decline.asp

]]> By: Federal Loan Modification » Blog Archive » This is What You Get When You Ask For a No Closing Costs Loan From Countrywide http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10842 Federal Loan Modification » Blog Archive » This is What You Get When You Ask For a No Closing Costs Loan From Countrywide Wed, 14 May 2008 22:10:36 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10842 [...] Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” [...] [...] Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” [...]

]]> By: Federal Loan Modification » Blog Archive » Worse Than a Pimp on a Corner. I Haven’t Even Pulled My Pants Up & Their Looking to F**K Me Again http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10840 Federal Loan Modification » Blog Archive » Worse Than a Pimp on a Corner. I Haven’t Even Pulled My Pants Up & Their Looking to F**K Me Again Wed, 14 May 2008 22:04:05 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10840 [...] Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” [...] [...] Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” [...]

]]> By: Federal Loan Modification » Blog Archive » Worse Than a Pimp on a Corner. I Haven\'e2\'80\'99t Even Pulled My Pants Up & Their Looking to F**K Me Again http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5056 Federal Loan Modification » Blog Archive » Worse Than a Pimp on a Corner. I Haven\'e2\'80\'99t Even Pulled My Pants Up & Their Looking to F**K Me Again Wed, 14 May 2008 22:03:33 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5056 [...] Are You Being Over Taxed? Proposition 8 Protects Homeowners [...] [...] Are You Being Over Taxed? Proposition 8 Protects Homeowners [...]

]]> By: colahhh08 http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5058 colahhh08 Wed, 14 May 2008 21:06:46 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5058 James Lewis, Go to www.loansafe.org you may be able to get some of your questions answered there. Craig James Lewis,

Go to http://www.loansafe.org you may be able to get some of your questions answered there.

Craig

]]> By: colahhh08 http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5057 colahhh08 Wed, 14 May 2008 21:05:50 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-5057 Los Angeles county is voluntarily doing this also. From website: "Typically, an application is required to initiate a review of your property\'e2\'80\'99s value by the Assessor. However, in 2008 the Los Angeles County Assessor\'e2\'80\'99s Office will be proactive in reviewing those single-family homes and condominiums that were purchased between July 1, 2004 and June 30, 2007. We will look at sales of comparable properties that sold near the lien date, January 1, 2008. If the market value is less than the assessed value indicated on your 2007-08 tax bill, the assessed value will be reduced accordingly. An application will not be necessary." Beware of scammers out there who say they will work with the county for you for a fee of course. Also from www.lacountypropertytax.com: "We are aware of at least one private company that did a mass mailing to property owners offering their services to pursue a reduction in their property taxes. Specifically, they are seeking to file an assessment appeal on the property owner\'e2\'80\'99s behalf. While there is no initial fee charged for the filing of an appeal, if a reduction is granted, this particular company will receive 45% of the amount of the tax savings for the next two years. We expect other private companies to offer similar services for a fee or a percentage of any tax savings. Solicitations of this type may not be illegal, but property owners should be aware that the Assessor\'e2\'80\'99s Office provides a simple filing process for a reduction in their property taxes at no charge." Los Angeles county is voluntarily doing this also. From website:
“Typically, an application is required to initiate a review of your property\’e2\’80\’99s value by the Assessor. However, in 2008 the Los Angeles County Assessor\’e2\’80\’99s Office will be proactive in reviewing those single-family homes and condominiums that were purchased between July 1, 2004 and June 30, 2007. We will look at sales of comparable properties that sold near the lien date, January 1, 2008. If the market value is less than the assessed value indicated on your 2007-08 tax bill, the assessed value will be reduced accordingly. An application will not be necessary.”

Beware of scammers out there who say they will work with the county for you for a fee of course.
Also from http://www.lacountypropertytax.com:
“We are aware of at least one private company that did a mass mailing to property owners offering their services to pursue a reduction in their property taxes. Specifically, they are seeking to file an assessment appeal on the property owner\’e2\’80\’99s behalf. While there is no initial fee charged for the filing of an appeal, if a reduction is granted, this particular company will receive 45% of the amount of the tax savings for the next two years. We expect other private companies to offer similar services for a fee or a percentage of any tax savings.

Solicitations of this type may not be illegal, but property owners should be aware that the Assessor\’e2\’80\’99s Office provides a simple filing process for a reduction in their property taxes at no charge.”

]]> By: Federal Loan Modification » Blog Archive » Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” http://loanworkout.org/2008/05/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10841 Federal Loan Modification » Blog Archive » Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” Wed, 14 May 2008 20:57:09 +0000 http://loanworkout.org/2008/05/09/schumer-decried-the-lenders-tactics-as-amounting-to-death-by-a-thousand-fees/#comment-10841 [...] Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” [...] [...] Schumer decried the lenders’ tactics as amounting to “death by a thousand fees.” [...]

]]>