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October 17, 2008 at 19:09:01

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Please We Need You Story on Mortgage Fraud

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By DAnne Burley (about the author)     Page 1 of 1 page(s)

opednews.com     Permalink

For OpEdNews: DAnne Burley - Writer

Because the Cook County Sheriff of Illinois lifted the band on Evictions dealing with Mortgage cases. I need your help to look into the issue of Fraud, Conspiracy, and Corruption within the Housing Industry which has opened the door to many being forced onto the streets based on an alleged fraud that will cost Millions of people the right to their homes while others are all being bailed out due to this crisis. 

Seeking People who are currenting in default within Illinois with their Mortgage payments, we are seeking those who feel, know, and have documentation, evidence that they were placed in Predatory Mortgages and that these loans were created within the current Mortgage Crisis,

We are looking for the Following People:

Those who were given the loans who had no knowledge that the loans offered were being sold on the secondary market, then traded within secondary pools into oversea's markets, whereby the value was then transfered into assets which producted CDS Credit Default Swaps, EDS Equity Default Swaps, and financial tooled positions which lead to the current mortgage crisis. Many of these loans were from Interest Only Products.

These loans were possibily fraudulant to unknowledgable Consumers. Whereby some alleged that whose within the Banking and Securities Industries made Trillions of dollars from hidden requirements created to pick borrowers who they knew would fail, so that loans would then transfer into pools within a intended purpose of recover these properties into pools of financial instruments used as CDS, EDS and traded on the options, put markets on Wall Street and foreign exchanges.

Borrowers Needed for this study, will share their story and we are seeking comsumers matching this background:

a) Living within Minority Communities formerly "RED LINED"
b) High risk due to higher income to debt ratio's
c) Changes within the values of homes by over-appraising of values
d) Using at-risk rehabbers, builders and others who sought loans within the rehab business whereby they were given no-doc loans, with little verification of income and or assets.
e) Single White males and or women with no family and or spouse signed on to the loan who fell within the areas of being between 33-45 years of age that had good credit but worked within jobs with flexible income ranges. Re: those within the building trade and other fields.
f) Looking for those who complained of changes to loans amounts, whereby the amount of income was changed to allow for the process of their loan along with those who felt that there was use of falsified documentation to allow the loan to process.
g) People who had loans given on property whereby the deeds were clouded whereby the issue of property pin number was non-existing, changed, and or there was a issue of ownership which was still allowed within mortgage contract.
h)Those who had payments on time and verified this information within courtroom cases which was not allowed within the court.
I) and all others that feel and have a valid claim to "Mortgage Fraud" within the State of Illinois.
J)Those who filed Lawsuits and were still evicted but have evidence of corruption in loan.
k) Those who had loans with Mortgage companies and banks which are currently under investigation, and or have not been provided with assistance and who are still being foreclosed on in past, current and or pending procedures.

Seeking Mortgage Loan Officers, Mortgage Bankers and others who have knowledge of these impossible frauds and or witnesses these issues from within the industry who are willing to come forth and discuss what they saw, that had full knowledge of that can help the consumer regain their homes.

This is a study, your name will not be used unless you agree to coming forth with evidence of these matters.

Purpose to create a way to protect consumers who are, have, and will soon in the future lose there homes due to possible fraud, within securites markets, and banking.

We are also looking for experience professionals willing to volunteer to help process calls, do document verification, and expert in the fields of law to help in compiling this data for possible litigation as a Class Action against those involved in depriving people of their homes within the State of Illinois,
 

 

Take action -- click here to contact your local newspaper or congress people:
Seeking to Compile information for possible Class Action Lawsuit in Illinois concerning Mortgage Fraud

Click here to see the most recent messages sent to congressional reps and local newspapers

http://www.danneburleyshow.com

Radio Talk Show Host investigative reporter and member of Scholars for 9/11 and 9/11 truth.

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

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