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What kind of agenda can we possibly have? Erec on the other hand has an agenda. He profits from this scam.
LOL that is classic
lets play a game you currently own a home it is worth 300k you owe 400 your mortgage payment is 3500 rent in the area is 1700. you get a mod from your lender that brings your payments down to 31% PITI
tg-33: Homeowner Affordability and Stability Plan (http://www.ustreas.gov/press/releases/tg33.htm - broken link)
of your income say you make 7k a month your new payment is 2170 with the tax right off of owning a home your at square one(meaning paying less then rent). do the math your got a 30yr mortgage did you think it was going to go away you will pay that for ever even with the jw program it is still a mortgage (witch comes from Latin meaning in debt till death) and you still are paying for 30ys. also the market is getting better and will get better before the end you will get equity back in your home.
And loan mods happen all the time i can name you 5 company's that have gotten 100s of loan mods i mean 100's of great mod with principle reduction to.(PM and i will give you a list of company's that work and some are in the Sac area) i will fax or email proof of a PR that came from a Loan Mod if you want.
The regulators should force the banks to get rid of their toxic assets before giving them more money. I'm worry about the deficit the gov't has gotten us into. Our children and grandchildren will be paying for all this bs that only benefit the banks.
LOL indeed Suzie. I drive my 2003 Dodge truck (currently being looked at at the Automall) home every night to my 2052 sq. ft. mansion (that I bought at the top of the market) where I shove Hundred dollar bills in the fireplace to heat the house.
The truth is I'm looking in to a loan mod too to tide me over until I get my note purchased. Maybe that loan mod will reduce my principal (Learning is right to point out that loan mods CAN get principal reductions, but that is the exception, not the rule). You may also notice that I have always maintained that people should do whatever they can to make their payments easier to handle. We have partnered up with a very succesful loan mod company out of Folsom that will be handling mine.
The regulators should force the banks to get rid of their toxic assets before giving them more money. I'm worry about the deficit the gov't has gotten us into. Our children and grandchildren will be paying for all this bs that only benefit the banks.
The banks already payed back the gov the money they borrowed
also they are getting ride of there Toxic assets though a program called PPIP & [SIZE=2][SIZE=2]PPIF[/SIZE][/SIZE]
And Suzie, if your agenda isn't profit than it's "Grinch-ery". You're trying to bring everyone down. Get some fresh air. It'll do wonders for your outlook on life.
When I was growing up, my father gave to everybody with a sad story, bought magazine subscriptions that never showed up... you know, typical scams. Meanwhile, he was a free-lance writer... never made much money. He still believes that people are basically good, despite lots of evidence to the contrary. He's 71 now, still doesn't make much but lives an easy life, and is VERY happy. He could probably have tens, maybe hundreds of thousands of dollars more had he not been taken so many times. But he doesn't care.
I'm not suggesting that everyone should go send Madoff money and invest heavily in Enron, but if you go through life assuming EVERYONE is a criminal, what's the point of going on. I've been taken before too, but it's only been once or twice that there was actual malicious intent. There's a good line in the Lord's prayer about that though (I'm not particularly Christian but my mother IS an Episcopal priest). It goes: "Forgive us OUR trespasses, as we forgive those that trespass against us".
Bottom line, people, is this: we are working tirelessly (and in many cases thanklessly <boo hoo>) to see this through.
Erec, Thanks for your posts and updates. It is good to have someone who knows what is really going on post here. Thanks again for your wisdom and not allowing the naysayer's lies and agendas to go without stating truth. It is sad that the naysayers don't have something better to do than try to cause more heart ache...
What about the heart ache of the new clients that they are bringing on or the ones that lost there homes??? people that are in are in but dont think for a second that selling something you haven't preformed and cant is "the right thing to do" when this all started back over a yr ago it was told that JW had closed 1000's of these files and had proof on there website now that the cat is out of the bag and we all know that they closed nothing yet. why would you keep telling people that you have and bring in new clients??
And Suzie, if your agenda isn't profit than it's "Grinch-ery". You're trying to bring everyone down. Get some fresh air. It'll do wonders for your outlook on life.
Uhm, you forgot to threaten me with lawyers liked you did the other posters who do not agree with you.
Quote:
Originally Posted by Erec
I'm not suggesting that everyone should go send Madoff money and invest heavily in Enron, but if you go through life assuming EVERYONE is a criminal, what's the point of going on. I've been taken before too, but it's only been once or twice that there was actual malicious intent. There's a good line in the Lord's prayer about that though (I'm not particularly Christian but my mother IS an Episcopal priest). It goes: "Forgive us OUR trespasses, as we forgive those that trespass against us".
This sounds to me like you are telling people to let themselves be taken. I guess you know this is a scam.
Quote:
Originally Posted by db2brant
Erec, Thanks for your posts and updates. It is good to have someone who knows what is really going on post here.
He sure does.
Quote:
Originally Posted by db2brant
Thanks again for your wisdom and not allowing the naysayer's lies and agendas to go without stating truth. It is sad that the naysayers don't have something better to do than try to cause more heart ache...
Again I ask you what kind of agenda do you think we have?. When I first read this thread someone was asking if we thought this was a scam. I gave my opinion then. Now I am just following it because I have never seen a scam play out in real life. See I have never been taken myself. I find it very educative. For example I've always heard scammers quote the bible or talk about God a lot to gain trust. Sure enough Erec is now doing it.
why would you sell something that does not exist?
until it has been done the way you are doing it, it is not real,
so you are braking the law by charging a fee to homeowners that are in foreclosure
and selling something that is not real
so if you care why would you do that??
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