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Homeowner Bill of Rights plans move forward

By tovarichpeter   Follow   Thu, 28 Jun 2012, 5:34pm   733 views   7 comments
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.sfgate.com/realestate/article/Homeowner-Bill-of-Rights-plans-move-forward-3668649.php

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1. PockyClipsNow Follow Befriend 19 threads 1,534 comments Los Angeles, CA

   1   6:12pm Thu 28 Jun 2012   Share   Quote   Permalink   Like (1)   Dislike   more sickening 'were victims' BS by loanowners who havent made a payment since 2005. This guy is a shark, not a victim. taxpayers are the victims. we gotta bailout every bank,insurance company, pension plan, foreign countries and now this guy?!?!?!

2. CaptainShuddup Follow Befriend (1) 246 threads 4,658 comments

   2   7:10pm Thu 28 Jun 2012   Share   Quote   Permalink   Like   Dislike (1)   This is a clear cut case of Brad Bombola being Bamboozeled.

3. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

   3   9:32pm Sun 1 Jul 2012   Share   Quote   Permalink   Like   Dislike   PockyClipsNow says more sickening 'were victims' BS by loanowners who havent made a payment since 2005. This guy is a shark, not a victim. taxpayers are the victims. we gotta bailout every bank,insurance company, pension plan, foreign countries and now this guy?!?!?! Then you will LOVE this... California state legislators have passed a key component of the Homeowners Bill of Rights, which would help people "who can afford their homes to get loan modifications." OXYMORON ? if you can afford it, why would you need a loan modification! How fucking odd is that... We all need to rush out and get a top of the line Benz or BMW.. because we can afford the car ...regardless of the debt! No problem! the Govmint will change the loan terms.

4. E-man Follow Befriend (31) 34 threads 2,543 comments San Jose, CA Premium

   4   10:32pm Sun 1 Jul 2012   Share   Quote   Permalink   Like   Dislike   PockyClipsNow says taxpayers are the victims. Thank you very much. :o)

5. E-man Follow Befriend (31) 34 threads 2,543 comments San Jose, CA Premium

   5   10:48pm Sun 1 Jul 2012   Share   Quote   Permalink   Like   Dislike   ptiemann says this bill is bad news. Loan owners (as the permabears rightfully ridicule them) will be encouraged to file bogus lis pendens etc From another site "Under the Bill of Rights, banks will need to give a definitive answer to a loan modification application before filing a notice of default. If a modification is denied, the bank will need to say why." Why would a lender need to defend their decision to execute their right to foreclose? Per contract, they have the *RIGHT* to do so. The only one profiting from this will be attorneys. It's strange seeing people who claim not to have money to make their payment, but they can afford to spend thousands of Dollars on an attorney. Strange and sad, because usually those attorneys don't achieve anything and just take the borrowers' money. Aw, why are you being so mean? Loan owners didn't pay their mortgage, and the lender wants to foreclose their house? The lenders are so mean for wanting to foreclose their house. Some law firms have been running a giant ponzi scheme and ripping the homeowners and the lenders off. Of course the loan owners are more than happy to pay the attorneys $750-$1,000/month to stall the foreclosure. It is much cheaper than paying rent. :o)

6. FortWayne Follow Befriend (13) 102 threads 3,759 comments

   6   7:29am Mon 2 Jul 2012   Share   Quote   Permalink   Like   Dislike   This is kind of going overboard. This was also on NPR this morning, so I think there is some new scam liberals are trying to push onto taxpayers here... NPR never spends a minute of their time if there is no money for whomever is interested in the idea.

7. swebb Follow Befriend (3) 29 threads 489 comments Denver, CO

   7   12:23am Wed 4 Jul 2012   Share   Quote   Permalink   Like   Dislike   NPR never spends a minute of their time if there is no money for whomever is interested in the idea. I listen to NPR regularly and have never felt this way -- typically the opposite for me.