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 Post subject: mortgage crisis solutions scam artists
PostPosted: Wed Dec 03, 2008 9:10 pm 
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Joined: Wed Dec 03, 2008 9:03 pm
Posts: 1
THIS COMPANY IS DOING NOTHING BUT CONNING HOMEOWNERS AND EMPLOYEES ALIKE. THE COMPANY IS RAN BY DONALD ROBERT GILLETTE WHO HAS RAN SEVERAL SCAMS OUT OF THE SAME BUILDING. MR GILLETTE IS A CRIMINAL. BEFORE HE GOT INTO CONNING HOMEOWNERS HE WAS CONNING PEOPLE THROUGH A BOGAS POSTAL JOB SCAM. YOU CAN SEE A COPY OF THE INDICTMENT IF YOU GOOGLE DONALD ROBERT GILLETTE

IF YOU ARE AN EMPLOYEE YOU WILL BE ROBBED JUST LIKE I WAS. IF YOU QUIT, MAKE SURE HE DOESNT OWE YOU MONEY WHEN YOU QUIT. IF YOU ARE A HOMEOWNER IN HIS PROGRAM PAYING HIM MONTHLY PAYMENTS, BELIEVE ME YOU WILL NOT GET A LOAN MODIFICATION THROUGH PROPERTY SOLUTIONS SPECIALISTS .YOU ARE MUCH BETTER OFF WITHDRAWING FROM THE PROGRAM IMMEDIATELY AND DONT PAY HIM ANOTHER DIME, BECAUSE YOU WILL NEVER RECIEVE ANYTHING FOR YOUR MONEY .HIS FORMER CRIMINAL RECORD SPEAKS FOR ITSELF

http://myfloridalegal.com/webfiles.nsf/ ... plaint.pdf

JJ
miami, Florida
U.S.A.


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 Post subject: Words from a Very Outspoken and Opinionated California Litig
PostPosted: Mon Jan 05, 2009 11:36 pm 
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Joined: Mon Jan 05, 2009 11:29 pm
Posts: 1
(like there’s any other kind)

Here in California, our Department of Real Estate website (dub dub dub dot dre dot ca dot gov) lists the companies that have DRE "permission" to modify loans... add to this list any licensed California attorney, and that is where you should begin your due diligence search when you seek help in California. Other states probably have similar laws, so check with your own state DRE and state bar.

My law firm has been getting more and more calls recently from homeowners that were victims of predatory lenders who put them into an unaffordable loan and now fell into the hands of those same people who sold the toxic loans but profess to be saviors... DON’T BE A VICTIM TWICE! What’s that they say, “Fool me once, shame on you, but fool me twice, and I’ll sue your butt!”

Do your homework and THOROUGHLY investigate any firm before hiring them to save your biggest asset and the place you call “home.” Scammers are popping up like dandelions on a freshly mowed lawn in April. They advertise on the Internet, freeway billboards, radio, television, and print media everywhere, not to mention spamming your email box with those third-world widows needing someone to receive three million dollars for them. Make no mistake, in many cases, these “loan modification experts” are the exact same loan officers and mortgage brokers who fleeced homeowners the first time around. After losing their jobs with the crash of the mortgage industry, they have found a new way to make ill-gotten profits from hard-working homeowners through loan modifications.

In California, with very few exceptions (and attorneys are one exception… no coincidence there… attorneys make the laws), it is against the law for anyone to take money up front for helping a homeowner who is in default. Don’t trust a company that begins its relationship with you by breaking the law.

HERE’S THE BOTTOM LINE!

Hire an attorney – and not just any attorney either - one with experience in mortgage law, not just one with real estate law experience but one with experience in both FEDERAL and STATE litigation against mortgage companies, one who doesn’t also do family law, criminal law, admiralty law, and immigration law as well, one who limits the practice to mortgage law (or at least a great majority of it), one who has the experienced staff, training, and know how to take on the big lenders and their top notch lawyers (lenders have attorneys – and darn good ones – check out their counsel on the web – big names top schools, shouldn’t you have a lawyer too?).

We are not talking about a refund on your broken television here, we are talking about hundreds of thousands of dollars and your HOME – if you don’t think this is the time to hire a highly educated and experienced professional instead of a weekend schooled, almost out of work, broker slash loan officer slash “expensive water in a wine bottle with alleged magical curative powers” salesperson, I don’t know what would make you take things seriously.

Of course, this is one obnoxious lawyer's totally biased opinion, but one based on many many distressing calls to my office every day. And, yes, my firm loves taking cases against loan modification companies who have violated laws. This field is quickly becoming one of the fastest growing sections for our mortgage law firm.

- Paul J. Molinaro, Esq.


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 Post subject: Re: mortgage crisis solutions scam artists
PostPosted: Fri Jun 19, 2009 2:47 am 
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Joined: Tue Jun 16, 2009 5:29 am
Posts: 1
If mortgage bonds are secured corporate bonds then how did the subprime bubble happen? I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.


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 Post subject: Re: mortgage crisis solutions scam artists
PostPosted: Fri Aug 14, 2009 11:20 am 
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Joined: Fri Aug 07, 2009 2:39 pm
Posts: 1
thanks...nice post
interest only mortgage


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