Moe Bedard from www.loansafe.org and http .com talks about Bank Of America spreading propaganda as people get grinded into the foreclosure trap. Bank of America is talking about modifying following mortgages when people cant even pay their first mortgages. Moe talks about that the huge banks are taking advantage of the small people. Only fighters are going to be the ones who walk away successful.
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I would really like to take advantage of the first home buyers grant but will not have a deposit in time. I have looked at no deposit home loans but have heard they can be perilous. Is that right?
In my opinion, part of the blame lies with the consumers; but I place a majority of the blame of the mortgage companies for taking advantage of the consumers. I will take all opinions: Excellent or Terrible.
Loan and mortgage fraud is becoming huge business across the country and crooks continue to find new ways to take advantage of nearly anyone and steal any identity. Eyewitness News has uncovered an incredible case that involves a victimized grandmother in San Diego, a failing Los Angeles loan company and a Las Vegas man who doesn’t care who he hurts.