Monday, October 11, 2010

WHAT's RAMOS DOING ABOUT MORTGAGE FRAUD-- [updated 1/7/2011]

With reports of home prices dropping and foreclosures seemingly unabated by the bailout strategies directed at the failing/weakened banks (notwithstanding the recent announcement on a freeze by one lender and some conflicting thoughts in Congress on what to do, when, how, etc), I sense a real need to better educate consumers on the things to look for should a consumer think or sense they may have been victims of lender fraud.

Some sites (updated 10-19-2010) of some possible interest to consumers that may feel they have been the victim of mortgage fraud and want to try and understand some of the issues and potentially tap into other internet resources is:

1)http://rortybomb.wordpress.com/2010/10/08/foreclosure-fraud-for-dummies-1-the-chains-and-the-stakes/ [good basic info]
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2)http://www.youtube.com/watch?v=ssl5yb7FewA [a fascinating explanation of how the banks scored big time on the bailout and left the rude facts out to homeowners on how they might have fared differently]
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3)Operation Hope - www.operationhope.org (877) 592-HOPE (4673)
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4)Neighborhood Works - www.nw.org (888) 995-HOPE (4673)
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5) National Community Reinvestment Coaltion - www.fairlending.com (800) 475-6272
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6)National Council of La Raza - www.nclr.org - (213) 489-3428
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7)ACORN - Home Equity Loss Prevention Program - www.acornhousing.org - (888) 409-3557
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8) National Foundation for Credit Counseling - www.nfcc.org (800) 388-2227
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9) HUD-approved counseling agency info line (800) 569-4287
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10)US Department of Housing & Urban Development website - www.hud.gov
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11)11)adc.asm.ca.gov/issues/MortgageCrises/
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Blogger Bob's comment(s): This will be updated occasionally as additional information comes to my attention of a non-privileged nature due to the San Bernardino County DA's office having dropped the ball on this important issue. Items 3-11 were added 10-19-2010.
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12)[No. 12 added on 1/7/2011] New website to check out: Foreclosure InfoCA.org (launched by the Public Interest Clearinghouse and the California Bar Association)--note: This provides links to a list of programs and has information.

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