Comments on: An Answer to Unemployment, Mortgage Servicing and Foreclosure Scams http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Tue, 18 Oct 2011 02:57:27 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Moe Bedard http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-19359 Moe Bedard Sun, 24 Jan 2010 15:48:22 +0000 http://loanworkout.org/?p=3488#comment-19359 Hello Bob! Geez, I just reread this post and there are so many grammatical errors that it is ridiculous. That's what I get for being in a hurry and having no editor. Oh well.... I am glad you found this article useful. The best way to contact me is by email. Moe@loansafe.org or call 888-516-1116 Hello Bob!

Geez, I just reread this post and there are so many grammatical errors that it is ridiculous. That’s what I get for being in a hurry and having no editor. Oh well…. I am glad you found this article useful. The best way to contact me is by email. Moe@loansafe.org or call 888-516-1116

]]> By: Satya bhat http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-19338 Satya bhat Sat, 23 Jan 2010 16:44:04 +0000 http://loanworkout.org/?p=3488#comment-19338 Dear Moe Bedard, Congratulations!. You have identified the problem and suggested right solution. The goverment has asked same people who originally created it. The performance so far from many banks on loan modification is very poor. Home owner is struggling to get their loan modified. Do you have any suggestion how to get your idea implimented? Govt. may not do anything. I have some plan and wants to discuss with you. Is it possible to contact you? Bob Dear Moe Bedard,
Congratulations!. You have identified the problem and suggested right solution. The goverment has asked same people who originally created it. The performance so far from many banks on loan modification is very poor. Home owner is struggling to get their loan modified. Do you have any suggestion how to get your idea implimented? Govt. may not do anything. I have some plan and wants to discuss with you. Is it possible to contact you?
Bob

]]> By: deborah price http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-13616 deborah price Fri, 03 Apr 2009 15:19:08 +0000 http://loanworkout.org/?p=3488#comment-13616 well i agree but the thing that kills me is we have a president spends our money on a vehicle to protect his ass and i have a mortage with vanderbilt in maryville tn. whom i just tried to drop my interest rate down to where my payments would be 700.00 instead of 868.00 and all they would do was 98.00 and i as well as all americans and a dag on mort. company is getting 9.25 if obama was any count he would make all these mort. company drop rate to 5 per. on all future and existing mort. would sure help ecomomy,bet he doesn't worry if he has a place to lay his head at night or as they say rich gets richer poor gets poorer and obama hasn't done anything for our class of people.bet he won't get elected again even with his own race. well i agree but the thing that kills me is we have a president spends our money on a vehicle to protect his ass and i have a mortage with vanderbilt in maryville tn. whom i just tried to drop my interest rate down to where my payments would be 700.00 instead of 868.00 and all they would do was 98.00 and i as well as all americans and a dag on mort. company is getting 9.25 if obama was any count he would make all these mort. company drop rate to 5 per. on all future and existing mort. would sure help ecomomy,bet he doesn’t worry if he has a place to lay his head at night or as they say rich gets richer poor gets poorer and obama hasn’t done anything for our class of people.bet he won’t get elected again even with his own race.

]]> By: Taunee English http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-13078 Taunee English Wed, 18 Mar 2009 19:38:13 +0000 http://loanworkout.org/?p=3488#comment-13078 To add to Moe's suggestion I say that the BANKS should be forced to use some of their bailout money to hire more employees in their loss mitigatuon departments. The average stressed out employee are handling over 30 files which has turned many of them into uncaring individuals. And while they are training the new employees do a wide spread interest rate of 3 percent for everyone for a year so that those who can afford their current interest rates can now either pay down bills or put more money in savings which will then help the credit market which then will help businesses stay in business therefore keep their employees vs laying them off. Summary - banks hire more employees, bring the mortgage interest rates to 3 percent for everyone for 1 year = solve emplyment,credit, housing crisis, and is fair to homeowners/taxpayers who were and are responsible. Taunee English To add to Moe’s suggestion I say that the BANKS should be forced to use some of their bailout money to hire more employees in their loss mitigatuon departments. The average stressed out employee are handling over 30 files which has turned many of them into uncaring individuals. And while they are training the new employees do a wide spread interest rate of 3 percent for everyone for a year so that those who can afford their current interest rates can now either pay down bills or put more money in savings which will then help the credit market which then will help businesses stay in business therefore keep their employees vs laying them off.

Summary – banks hire more employees, bring the mortgage interest rates to 3 percent for everyone for 1 year = solve emplyment,credit, housing crisis, and is fair to homeowners/taxpayers who were and are responsible.

Taunee English

]]> By: Moe Bedard http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-13066 Moe Bedard Wed, 18 Mar 2009 13:16:09 +0000 http://loanworkout.org/?p=3488#comment-13066 Thanks so much Andrew and Imee. We all need to think of and work on simple solutions as we work on our problems simultaneously. Main Street as sent hundreds of billions of dollars to Wall Street for the same loans that they are suffering from. Yet, when homeowners who happen to be paying their own bills get $75 billion, Wall Street, CNBC, Rick Santelli and all the well to do's throw stones from their glass houses as they simultaneously cash their bail out checks. Hopefully relief is coming or I suspect a revolution may be brewing if it doesn't...Maybe it will be called the Main Street Revolution! One or the other is coming, sooner rather than later! Thanks so much Andrew and Imee. We all need to think of and work on simple solutions as we work on our problems simultaneously.

Main Street as sent hundreds of billions of dollars to Wall Street for the same loans that they are suffering from. Yet, when homeowners who happen to be paying their own bills get $75 billion, Wall Street, CNBC, Rick Santelli and all the well to do’s throw stones from their glass houses as they simultaneously cash their bail out checks.

Hopefully relief is coming or I suspect a revolution may be brewing if it doesn’t…Maybe it will be called the Main Street Revolution! One or the other is coming, sooner rather than later!

]]> By: Andrew Orr http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-13064 Andrew Orr Wed, 18 Mar 2009 12:27:31 +0000 http://loanworkout.org/?p=3488#comment-13064 I think that is a great idea for unemployed homeowners. Get that working asap. For employed homeowners who will have to pay increases income taxes for generations, thanks to all of the bailouts to the financial sector, I think we need similar relief. It is unfair to make people pay for their homes AND to make them pay twice via these needed taxes which are sure to come. Some type of relief needs to come to homeowners because homeowners are left holding the bad and are left to pay for the irresponsible acts of trades at AIG, Lehman Brothers, Merrill Lynch, and the rest of Wall Street. I think that is a great idea for unemployed homeowners. Get that working asap.

For employed homeowners who will have to pay increases income taxes for generations, thanks to all of the bailouts to the financial sector, I think we need similar relief. It is unfair to make people pay for their homes AND to make them pay twice via these needed taxes which are sure to come.

Some type of relief needs to come to homeowners because homeowners are left holding the bad and are left to pay for the irresponsible acts of trades at AIG, Lehman Brothers, Merrill Lynch, and the rest of Wall Street.

]]> By: Imee http://loanworkout.org/2009/03/an-answer-to-unemployment-and-loan-servicing-and-foreclosure-scams/#comment-13063 Imee Wed, 18 Mar 2009 10:37:36 +0000 http://loanworkout.org/?p=3488#comment-13063 Wow, that's a pretty good and positive prediction you've got there. There's so many opportunities right now despite the recession--people are just too scared to focus on the actual good things that are coming out of this situation. I'm confident that things will be better soon and jobs will be created soon enough as well. Wow, that’s a pretty good and positive prediction you’ve got there. There’s so many opportunities right now despite the recession–people are just too scared to focus on the actual good things that are coming out of this situation. I’m confident that things will be better soon and jobs will be created soon enough as well.

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