President Obama plays the game like a Republican - GOP howls in protest

[wiphan]

Originally Posted by Riot

The consumers are declaring Chapter 13 bankruptcy. The bank has charged them double for escrow fees, thus the bank is demanding double the amount they are due (in escrow fees) in the bankruptcy proceeding. The banks are (allegedly) making a false claim of monies due, in excess of the truth, above what the homeowner really owes the bank. The bank says, "Homeowner owes us 5 months back payments, plus the new escrow fee" - except the escrow fees are already included in the "5 months back payments" and the "new escrow fee" is fraud.

Again you are missing the point. There are no "fees" to escrow. These so called fees are $ used to pay taxes and insurance. If the customer renegotiates or recalculates their payments (ie. Ch13) then of course their escrow account is going to be messed up. This is the customers $ and used like a forced savings account to pay taxes and insurance. Instead of posting articles actually stop and think about it

BTW- Banks tend to lean more democratic than republican. Do you see what bank stocks are doing today after the appointment? Possible huge government mortgage refinance program coming to a theater near you?

[Riot]

Originally Posted by wiphan

Again you are missing the point. There are no "fees" to escrow. These so called fees are $ used to pay taxes and insurance. If the customer renegotiates or recalculates their payments (ie. Ch13) then of course their escrow account is going to be messed up. This is the customers $ and used like a forced savings account to pay taxes and insurance. Instead of posting articles actually stop and think about it

Again you are missing the point. This is not addressing what happens AFTER the Chapter 13. This is not addressing any monies in the escrow accounts, or owed to the escrow accounts in unpaid monthly fees contained in the monthly mortgage payment. It is an extra fee the bank is dumping on the client's account RIGHT BEFORE the Chapter 13, before the homeowner gets in court, in addition to the funds already in or owed to escrow in the monthly payment.

I suppose you could always call the Federal Bank Trustees investigating this to explain how they are wrong. And call the reporter and tell her that she shouldn't have written the article. And the bankruptcy court attorneys who have reported it to the Feds for investigation.

With apologies to Woody Guthrie, some men rob you with a gun, while others rob you with a fountain pen.


Ocala Mike

[Riot]

Originally Posted by Ocala Mike

With apologies to Woody Guthrie, some men rob you with a gun, while others rob you with a fountain pen.


Ocala Mike

Woody Guthrie, "Pretty Boy Floyd"
http://www.youtube.com/watch?v=G4YKUJZI5Bg

Pretty Boy Floyd
Words and Music by Woody Guthrie

If you'll gather 'round me, children,
A story I will tell
'Bout Pretty Boy Floyd, an outlaw,
Oklahoma knew him well.

It was in the town of Shawnee,
A Saturday afternoon,
His wife beside him in his wagon
As into town they rode.

There a deputy sheriff approached him
In a manner rather rude,
Vulgar words of anger,
An' his wife she overheard.

Pretty Boy grabbed a log chain,
And the deputy grabbed his gun;
In the fight that followed
He laid that deputy down.

Then he took to the trees and timber
To live a life of shame;
Every crime in Oklahoma
Was added to his name.

But a many a starving farmer
The same old story told
How the outlaw paid their mortgage
And saved their little homes.

Others tell you 'bout a stranger
That come to beg a meal,
Underneath his napkin
Left a thousand dollar bill.

It was in Oklahoma City,
It was on a Christmas Day,
There was a whole car load of groceries
Come with a note to say:

Well, you say that I'm an outlaw,
You say that I'm a thief.
Here's a Christmas dinner
For the families on relief.

Yes, as through this world I've wandered
I've seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen.

And as through your life you travel,
Yes, as through your life you roam,
You won't never see an outlaw
Drive a family from their home.

[hi_im_god]

this is just terrible.

it started poorly and got worse little by little.

then someone opened the gates of hell. there's no other description.

let this be the last post. please. think of the children.

[geeker2]

ROR you are right we should end with some good news

http://latimesblogs.latimes.com/goss...+International

[bigrun]

Originally Posted by Riot

The consumers are declaring Chapter 13 bankruptcy. The bank has charged them double for escrow fees, thus the bank is demanding double the amount they are due (in escrow fees) in the bankruptcy proceeding. The banks are (allegedly) making a false claim of monies due, in excess of the truth, above what the homeowner really owes the bank. The bank says, "Homeowner owes us 5 months back payments, plus the new escrow fee" - except the escrow fees are already included in the "5 months back payments" and the "new escrow fee" is fraud.

Did you catch Stewart last nite...Hilarious...watch the bit with John Oliver giving Stewart lessons on the Constitution....


Commission: Impossible - Consumer Financial Protection Bureau Chief Appointment

http://www.thedailyshow.com/watch/th...xrs=share_copy