Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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Hello Folks i would like to tell everyone about a radio show i heard friday night
called rule of law radio you can downlosd the archive here randy starts about 1:45 into the show and about 40min into the 3rd hr. then you can go here and fill out the form hes talking about

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One can hope their other materials don't have as many typographical errors and misunderstandings of law as their web site, including this:

If, after all this, the lender is still recalcitrant, then we file a civil action

They are not attorneys and cannot file anything on your behalf.

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Here's a section from the remedies link. Looks like this group is on the right track and in line with Ron Paul and the Constitutionalists, who are right on the money with real life solutions to monetary, tax, and law issues. Michael Badnarik is a guest speaker.
As a fundamentalist Christian and a a lifelong traditional Republican (the dead opposite of a neo-con Marxist/fascist) I don't necessarily endorse all libertarian and third party social views  but they certainly have solid, realistic and well researched economic and legal views.

Offer to Modify

A common tactic of lenders is to treat the RESPA letter as a request for modification.  The lender knows most people know little about the financial industry and, if in financial difficulty, are more vulnerable than otherwise, and easy prey to tactics intended to short-circuit any action that would expose their fraud. 

When the lender responds to the RESPA letter as if it were a request for modification instead of in compliance with the consumer protection laws, we will follow with more accusations of wrong-doing on their part. 

As far as this group not following through and taking legal action don't bet on it, they are opposed to frauds, cheats, liars and posers.

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Homeowners seek class-action status in suits against banks

McClatchy Newspapers

CHARLOTTE, N.C. - More frustrated homeowners turned to federal court this week for help with their mortgages, saying Bank of America and Wells Fargo failed to provide promised payment modifications.

The two cases, filed Tuesday in Massachusetts, seek class-action status.

Three specific families are identified, one with a loan serviced by Bank of America and two by Wells Fargo - the nation's two largest mortgage servicers. They were granted trial modifications, according to court documents, but haven't received long-term modifications despite having submitted all required documents and made timely payments for more than three months.

The claims are simple, the two filings say: "When a large financial institution promises to modify an eligible loan to prevent foreclosure, homeowners who live up to their end of the bargain expect that promise to be kept."

The Home Affordable Modification Program (HAMP) is the main federal plan for reducing mortgage payments, part of a $75 billion plan to stem the national foreclosure crisis. The program calls for a three-month trial period, intended to give time for the homeowner to demonstrate an ability to keep up with the lower payments. However, there are growing reports of homeowners in trial plans ultimately being rejected for modifications despite making their trial payments or even being foreclosed on during the process.

The modification process has generated so many complaints that regulators and lawmakers are pressuring lenders to improve.

The Massachusetts cases, which are not open to borrowers in other states, say homeowners are "living in limbo" and spending scarce resources on payments that might ultimately not save their homes.

"Some are in fact continuing to receive foreclosure notices," said Stuart Rossman, a lawyer with the National Consumer Law Center in Boston, which brought the lawsuit, along with a law firm and another advocacy group.

Bank of America said it couldn't comment on the lawsuit because it hadn't yet been served. The Charlotte bank has said its "extraordinary measures" include sending workers to borrowers' homes, to help them fulfill requirements for long-term modifications.

A Wells Fargo spokeswoman said the company "will respond to the lawsuit once we have a chance to review it."

The San Francisco bank, which bought Wachovia late in 2008, has been "diligently working to convert - from trial to completed modifications - customers who meet the HAMP guidelines," Debora Blume said in an e-mail. "Unfortunately, not all customers who enter a HAMP trial do ultimately qualify for the program. In these instances, we work to determine if another foreclosure prevention option is available to them."

Earlier this month, 10 Ohio homeowners filed a civil case in federal court against Bank of America, also saying the bank broke promises to modify their payments.

The circumstances differ, in that the Ohio homeowners say they were promised modifications during a federally sponsored event last year. As of the filing date, they hadn't received documents or had their payments reduced, meaning they are not as far along in the process as the Massachusetts

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