Foreclosure scam, real estate scam Pt 1 of 2
This video is from the show Open House on CNN. Homeowners in trouble facing short sale or foreclosure should be careful when answering to unsolicited mail, phone calls or emails. A HUD representative and a legal services representatives explain what homeowners should watch out for and what to do.
More info at:
sccrealestateuncensored.com/2007/foreclosure-scam/
micasamidinero.com/2007/foreclosure-fraude/
Duration : 0:4:51
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Why I trust myself …
Why I trust myself more than any other person. For if you fail you have nobody to blame but yourself.
what a scumbag
what a scumbag
I paid a law firm …
I paid a law firm $3000 up front to modify my loan. I gave them all the paperwork, they have passed my paperwork around to 5 different people and still nothing is getting done. I just found out today that my lender has sent me a default letter. They intend to foreclose on my home and I am out of $3000 for what? I got ed, I want to die.
Read contracts, …
Read contracts, people! If you can’t understand it, contact your lawyer before you sign ANYTHING. Going into this life without reading the most important paperwork in your life will get you to cost triple! Tell your kids to be friendly and all, but tell them to always read everything that they have to sign.
This guy should …
This guy should burn in for what he did to this poor couple. So sad.
Steven Craig …
Steven Craig Feldman, founder of the Feldman (rip-off) Law Center, is a deadbeat dad.
Feldman Law Center …
Feldman Law Center is a big scam!!!!!!
Steven Craig Feldman is a dead beat dad and a scam artist!!!
Feldman Law Center …
Feldman Law Center is a scam. Steven Craig Feldman has a very bad record. Check out his law record with the California State Bar. Also, compair his record to good laywers. His license has been suspended for reasons that demonstrate he is a deadbeat and irresponsible. You can not trust this snake!
State of Nevada has …
State of Nevada has state laws prohibiting fees being charged up front for foreclosure istance. According to NRS 645F.400, foreclosure consultants cannot charge a fee before they have performed the services promised at the point of contact.
According to NRS 598.741, companies providing counseling or istance to a person for a loan modification should be registered with Consumer Affairs in the State of Nevada. If your company FHLM is actually a company, is it registered in Nevada?
Based on this info, …
Based on this info, would it be correct to say that you, Louie Frias of First Federal Realty, and Robert Wilmer of TerraSpec Holdings, are two real estate agents in the state of Nevada who has teamed up with an attorney to do the loan modifications?
If so, who receives the $3,500 fee you company charges? Is it you, your partner, or the attorney you guys work with? Or do you guys split that fee between all of you?
Mr LouieFrias (user …
Mr LouieFrias (user name)
I took down your message because you are spamming my videos and my blog posts. And since you did not respond to my previous questions, I will ask them again:
On your website you state The founders of FederalHomeLoanMods(.)com are real estate licensees and not attorneys. You also state our attorneys focus on removing any past due balances and late charges etc. at the time of the loan modification.
I work for a loan …
I work for a loan modification company that really helps people. IF your dumb enough to sign a contract with out reading it that says your signing over the deed and your a renter your a moron anyway…look into every companies bbb rating before you do business with them. My company for instance has an A rating the only Loan Mod company in the country that has one. Be weary!!! but one bad apple doesnt ruin the bunch. There are places that are really helping people!!!!
Stay away from …
Stay away from Feldman Law Center!!!!
The Bank Managers …
The Bank Managers and CEO’s, mortagage company’s management and CEO’s, Real Estate brokerages, Home Builders and crooked stock brokers should be imprisoned and their ests should be repossessed and used to pay the deficit. This is what would happens to any lower class criminal. The laws are being bent and broken and these people are walking with billions while the average American is broke as .
If they don’t …
If they don’t understand what they sign they are not LIABLE and the contract is VOIDED.
California’s …
California’s Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): “It shall be a violation for a foreclosure consultant to:
(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform.”
What these loan …
What these loan modification companies don’t tell you is that they are brokers and mortgage companies that charge anywhere from $1,400 to $4,000 to re-negotiate your loans for 5 years. Then your interest rate will adjust. It might adjust to something you can’t afford. If you are behind, contact your lender and work out a deal. Do not fall into the scam of the loan modification infomercials.
While it’s true …
While it’s true that any contract signed should be read, understood & agreed to by both parties; the reality is that not everyone does it.
Both plaintiff & defendant have responsibilities. However, I believe companies that use deceptive marketing strategies to get complicated contracts signed are much more responsible for any legal repercussions.
According to the video Florida Home Council has broken TILA rules and has been sued many times before, what does that say about that company?
Plaintiff is …
Plaintiff is responsible for agreement they enter into,they should have hired a lawyer to explain to them the agreement in plain language. The way I see this case,they tried to stave off the forclosure with the bank and tried to circumvent the inevitable,which is relinquishing their home. It is not right to transfer problems from one company to another hopping to avoid foreclosure, too bad it didn’t work this time. I say stop blaming FloridaHomeCouncil and live up to the terms of your agreement.
“This is especial …
“This is especial offer program requires No credit No advance fees & no payments for one year”
“WARNING FAILURE TO CONTACT THIS OFFICE WITHIN 48 HOURS MAY RESULT IN THE COURT SALE OF YOUR PROPERTY”
———————————————-
I think that the warning label was pretty clear to me.
These scammers are …
These scammers are just like the scammers that got so many people into unsustainable loans in the first place. America is so full of liars and scammers that it’s finally come to a head. It’s a “blow off top” in greed and now most of the population are going to suffer because of it. The entire financial services industry needs to be regulated and controlled. Liars & scammers must be jailed, otherwise they just pack up shop and start again.
Total scam.
Total scam.
SCAMMER, BEWARE! …
SCAMMER, BEWARE! Don Brinson of Venie Brinson Realty is a Commerical real estate SCAMMER, BEWARE OF THIS ‘MAN’ WHO BLEATS HE’S A CHRISTIAN, YEAH RIGHT
There’s plenty of …
There’s plenty of blame to go around, the blame not only falls on homeowners who were looking to get rich as advertised on infomercials and by word of mouth but also on uneducated and unscrupulous mortgage and real estate practitioners as well as lenders, investors and underwriters. The damage is done, we now need to prevent further damage!
Seems like these …
Seems like these folks didn’t understand neither the terms of their mortgage nor those of the company they turned to for help. I understand their pain – I’ve stood at the brink of foreclosure myself. But to claim that just because the name of the company began with the name of the state implies it’s a State run agency is absurd. Home ownership is not a right in the United States. It’s a responsibility and one that these good folks should never have taken on.