Posts tagged as:

American dream

I did lose it all. I have no job, no car, no HOME, and no “AMERICAN DREAM!”

by Moe Bedard

Written by Jenzy. A 56 year old American woman, homeowner, and another mother who has lost her American Dream.
I once owned two businesses, and had a nice car and a roof over my head. I lost it all at age 55 yrs. old due to a very deceitful mortgage company. Things were fine in 2004, 2005, [...]

Read the full article →

“Subprime Slime” — Bikini-wearing actresses against foreclosure

by Moe Bedard

Foreclosure bus tours touring foreclosed homes and now bikini girls banding together to save foreclosure victims. What next?
I know sex sells, but does sex save homes? Only in America folks……..
From LA Land:

In general, the bar at L.A. Land In general, the bar at L.A. Land is set very high for news coverage. In this particular case, though, [...]

1 comment Read the full article →

Brown Sues Countrywide For Mortgage Deception

by Moe Bedard

LOS ANGELES–California Attorney General Edmund G. Brown Jr. today sued Countrywide Financial, its chief executive Angelo Mozilo, and president David Sambol, for engaging in deceptive advertising and unfair competition by pushing homeowners into mass-produced, risky loans for the sole purpose of reselling the mortgages on the secondary market.
“Countrywide exploited the American dream of homeownership and [...]

2 comments Read the full article →

The American dream was a death sentence for my husband and myself

by Moe Bedard

Homeowner story submitted by broken and frazzled 
I am one of those dead beats in a subprime loan and also upside down on the loan the minute we signed the papers. First of all we tried to talk to someone at Wells Fargo and we were unable to get anyone to return our calls and on [...]

0 comments Read the full article →