Blunt wants to criminalize mortgage fraud

As national concern about home foreclosures and sub-prime loans grows, Gov. Matt Blunt on Monday proposed sending swindlers to prison. Full Story
patti gault

AOL

#1 Jan 14, 2008
I just went through a foreclosure for a fraudulent loan. the loan originated in california but was sold to saxon mortgage in texas...I tried to negotiate with them for 10 months...they would not change the loan...the first company fled the night.
I think saxon should be at least reprimanded for not helping me resolve the loan...I have been a teacher for 38 years.........this was a horrible experience.
I still own a home in bonham texas...tried to get saxon to do a trade or use it for collateral so I wouldn;t lose my california home but they would not. can you help me????

Since: Mar 09

Santa Cruz, CA

#2 Apr 7, 2009
Dr Patti, I'd love to help, although I'm not sure what I can do, and, besides, the dust of this trouble has probably blown away. I had thought there was much effort to prevent foreclosures, especially when the buyer was not at fault, as here. When you consider the Sec of Treasury is now peddling "toxic assets" which involve mostly bad loans for the benefit of the banks, you wonder just where the sympathy lies.

May this be the worst to ever happen to Dr Patti, the heroine of our class of '61!
Official Historian

United States

#3 Jul 25, 2014
B P Weaks wrote:
Dr Patti, I'd love to help, although I'm not sure what I can do, and, besides, the dust of this trouble has probably blown away. I had thought there was much effort to prevent foreclosures, especially when the buyer was not at fault, as here. When you consider the Sec of Treasury is now peddling "toxic assets" which involve mostly bad loans for the benefit of the banks, you wonder just where the sympathy lies.
May this be the worst to ever happen to Dr Patti, the heroine of our class of '61!
I think we should criminalize blunts. And microwave burritos. They ain't good for nothing except hippies when they're high on weed.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Mortgage Discussions

Title Updated Last By Comments
Arizona Lender Donates Interest Profits to Charity (Aug '13) Tue SandyWilliams 2
Phoenix Real Estate: Low Demand for Homes, High... (Apr '14) Tue SandyWilliams 3
JOBS: 10 Valley companies hiring now Tue SandyWilliams 4
Study: Mortgage Rates have Domino Effect on Eco... Oct 20 creditrepairhouston 1
ROSENBERG: I've Been Through A Lot Of Crises, B... Oct 19 indict IVAN BOESKY 1
Architect of the Housing Bubble, Barney Frank, ... (Nov '11) Oct 17 tha Professor 655
Core Security Selected to Advance Eskan Banka s... Oct 17 MOMIN ANSARI 2

Mortgage People Search

Addresses and phone numbers for FREE