Nick Ekonomides is afraid of the attorney talked about in this post.
This board will never attract help from attorneys. They are not all representating the lenders. There was one who had a million dollar verdict for a Melba or someone. The post was pinned for a long time.
Then he came on the board asking for information if anyone had this problem or that with this lender or that and got accused of using victims to make money. He never came back. << I would like to see proof of what you are saying.
As long as this board keeps allowing this to happen, the people on this board that want to save their homes will be on an island alone. Its only a handful on this board that are allowed to ruin it for the rest.
Nye may get over the top, but he sees the big picture. That security Bears Stearns news is all about MSF. Companies and banks invest in these securities made of bad loans and the only way they get a return on their money is by having servicers collect the money on the loans. The servicers don't get paid much so they take it out of MSF victims with late fees, interest, inspection fees, attorney fees and on and on.
Someone here siad their is much work to do. Why is this board being allowed to get shot it the foot?