Biyernes, Oktubre 14, 2011

Mitt Romney Slams Need for Foreclosure Attorneys but is Hand in Gloves with Foreclosure Company


There seem to be hundreds of horror stories surfacing over mortgage issues. The robo-signing mess exploded last year and the topic has become one of the hottest ones amongst the candidates who are hoping to run for the Presidency in 2012. Mitt Romney continued his tirade against the foreclosure crisis in the New Hampshire debate as well.

Self-help is the best help?

The responsibility for challenging this foreclosure mess, or foreclosures, is entirely on foreclosure attorneys. An increasing amount of people have felt the need to challenge foreclosure proceedings initiated against them. While he has been talking about foreclosures, Romney’s campaign funds have come from several foreclosure companies! This makes sense because the main villains in this debacle are politicians like Barnie Frank and some other white collar criminals. American is being hit by a perfect storm now and more people are realizing the man in office does not have a credible solution for what plagues this country.

Too Much to Handle

This is the first time in the history of United States that so many foreclosure cases have been filed in such a short time. The judges themselves are overworked and it is a fact that some foreclosure cases have been disposed in a 5 minute “motion” hearing with almost no opposition from the homeowner. Foreclosure attorneys who investigate thoroughly, who are trained and experienced in their fields, can represent a borrower in a superior manner.

The Cain Train

The man who raised more than $100,000 for Romney happens to be T. Martin Fiorentino Jr. who has been lobbying for Lender Processing Services. Foreclosure attorneys of the company have been slammed for unsound practices. With the 2012 elections nigh, every aspect of every candidate’s life is being delved into and if there are any skeletons in the closet, they will be pulled out. Romney should be OK about this but he has much more to worry about in Herman Cain.

Lunes, Oktubre 10, 2011

After Foreclosure Attorneys, Elizabeth Warren Gets Thumbs Up from Sexual Harassment Lawyers Too

Harvard educated, but with very little actual work experience, Elizabeth Warren is committed to this Democratic Senatorial campaign. She is trying hard to convince voters she does not want to turn America into another broken European state but it appears her colleagues already beat her to that. She also just set herself up for a simple Scott Brown comeback. Why would she say that?

Speaking her Mind

Elizabeth Warren is better known for her views on foreclosures in the country and for the support that she has garnered from foreclosure attorneys but not from people who are homeless since this debacle began with her friend, Barnie Frank, who lied and covered up the truth about Fannie Mae a few years ago. Moreover, she is a senior adviser working with Timothy Geithner and President Barack Obama.

Breaking Ranks

Foreclosure attorneys have been called in time and again by families all over the country who have received a foreclosure notice. The news that many of these foreclosures were illegally brought about through the use of falsified documents is enough to enrage anyone. Elizabeth Warren broke ranks to speak about this problem and the fact that the government is trying to wrangle a deal that will in effect let the 5 largest mortgage companies get away easily. Has she broke ranks with her colleagues by realizing $5 trillion spent by Obama has not benefitted America in the slightest? 

Serving Up a Softball

Her straightforward attitude got her much appreciation from foreclosure attorneys and others. While commenting on Scott Brown and his 1982 Playboy-esque center spread in Cosmopolitan, she said that she kept her clothes on to complete her education to which Scott Brown naively and impulsively replied “Thank God.” This comment has had sexual harassment lawyers craving for his blood but many others wondering shy would comment on something that happened so long ago and by using the words she chose to use?

Miyerkules, Oktubre 5, 2011

Bankruptcy and Foreclosure Attorneys Say Herman Cain Needs to Take his Own Advice


Herman Cain is the latest entrant into the GOP candidacy race whose message has been gaining steam. His fiery speech has ensured that he is amongst the top three contestants for the Republican Presidential nomination and many people are voting for him and cheering for his ideas and financial logic. He knows how to bring jobs back to America and how to jumpstart a broken economy. 

The Federal Government’s Tentacles Reach too Far

Herman Cain advised the whole country to “reread the constitution” if they hoped to not have their rights taken from them. Some foreclosure attorneys agree that Cain needs to do a bit of rereading himself. In his radio show, Cain went in to say that as far the national foreclosure freeze went, the U.S. federal government had no jurisdiction when it came to bankruptcy law. Cain has a good point considering the federal government was largely responsible for inciting this foreclosure mess. 

Foreclosure attorneys and bankruptcy lawyers attest that the exact opposite is true. Article I of the constitution proves Cain wrong and he would be better off rereading it before making sweeping and factually incorrect statements like these. Does the constitution allow the U.S. government to hand out home loans from an insolvent entity like Fannie Mae? No it does not and this is possibly what Cain was referring to. 

Cain is Riding High

While Cain insists that the states need to create bankruptcy and foreclosure laws, foreclosure attorneys insist that as per the constitution the congress has the right to create “uniform” laws pertaining to foreclosure and bankruptcy which negates the contention that states can create their own separate laws. This is debatable. Cain is still in the top 3 list of candidates, along with Rick Perry and Mitt Romney, though the statistics are fast getting skewed to his advantage. Many people are OK with that.

Lunes, Oktubre 3, 2011

Foreclosure Attorneys and Major Players Pressure Kamala Harris to Reject Wrongful Foreclosures Settlement


California union leaders, politicians, and activists have been putting incredible pressure on California Attorney General Kamala Harris to reject the nationwide settlement proposal put forward by the major players, including the U.S. banks who have been accused of passing wrongful and illegal foreclosures.

Deeply Flawed Proposal

Kamala Harris has come under the crossfire ever since she became the pivotal person who can pass or reject the nationwide settlement proposal of U.S. banks. These major U.S. banks have been accused of foreclosing on homeowners without adequate proof and with robo signed documents. Many people have been forced to speak with foreclosure attorneys even though they have been making payments on their home mortgage due to the faulty practices of major banks in the country.

The Big Picture

Foreclosure attorneys and key politicians in California are asking Harris to put her foot down and take a hard line when it comes to the proposal which will in effect allow these major banks to walk scot free for their role in the illegal foreclosure crisis. Most people in California see the settlement as an inadequate one which requires these banks and mortgage giants to pay up just $20 billion which does not begin to repay homeowners who have been unjustly foreclosed upon. But many of these homeowners bought too much house and lived beyond their means. Not all homeowners are innocent here either. Regarding banks, some of these corrupt CEOs and executives should be held responsible to the utmost degree. A heinous white collar criminal should be executed just like a blue collar one. 

A Vital Point to Ponder

With the ever increasing number of foreclosures, foreclosure attorneys have become very important in the scheme of things. The settlement that is being hashed out allows for liability release in a language that would ensure that loopholes exist to allow the banks to wiggle free. Though they have been hammered in more ways than one in this process. If they are too big to fail, perhaps they should not exist.

Martes, Setyembre 27, 2011

Sylvester Stewart Falls on Hard Times and Calls on Foreclosure Attorneys


The legend behind the all-time hit songs Family Affair and Everyday People at present is homeless, residing in a camper van parked in an LA neighborhood. The larger than life, flamboyant singer was in the grip of drugs and fell prey to money mismanagement, spending millions on cars and motorcycles. His lavish habits also cost him his sprawling mansion in Napa Valley, which was once replete with a vineyard and fleet of expensive cars out front. In fact, foreclosure attorneys had a tough time working out his money matters.

So he Says

The music marvel made an erratic appearance in a Grammy tribute in 1987 and then disappeared for about 19 years. During this time, he sued his manager for a number of supposed fraudulent activities and so-called damages and had a close brush with foreclosure attorneys as well. Whatever his circumstances, he says he loves his camper and does not like the idea of living in a fixed house. Well, he does not have any choice as of right now. If he was not given access to a citizen’s shower, he may have a different view on things. 

Music is Still in His Blood

Stone might be down, but he is far from out. He still records music from his laptop from his camper. He has always maintained that he earned all his money, millions of dollars according to him, through his songs. But the colorful and eccentric artist is finally getting weary. He seems to be missing being a part of the show. Having had his time with the courts and the foreclosure attorneys, he wants to now be amongst his own type, singing songs, and making memorable music. He is open to getting paid only if his music is liked. He would not receive a payment in any other way.

Biyernes, Setyembre 9, 2011

Burt Reynolds Caught in Foreclosure Lawsuit


The Smokey and the Bandit star is all of 75 years but his age has not put a dampener on Burt Reynolds spirits. With a new television show set to release, Reynolds has a few things to look up to amidst his own personal financial crisis. It looks like he did a Barnie Frank to himself.

Losing His Home

The unfortunate fact is that Reynolds has been having financial trouble for years now. His wife Loni Anderson and he own a sprawling property in Hobe Sound, Florida. The five bedroom property is a waterfront one and comes equipped with pools and even a helipad. Reynolds will need to speak with his foreclosure attorneys at the earliest since Merrill Lynch Credit Corporation has filed for foreclosure proceedings to be initiated on the property on the 1st of September 2011. That date has already passed; Reynolds better by like Smokey and the Bandit and get a move on – the gauntlet by the bank has been laid down.

The Bank has its Cards in Order

Foreclosure attorneys might be able to save the property from going under but quick action will need to be taken. As per the law, Merrill Lynch waited a full year from the date they stopped receiving mortgage payments on the home to file a foreclosure lawsuit.

A Ridiculous Price

Reynolds and his foreclosure attorneys will have to come up with a way to pay Merrill Lynch $1,193,808 in principal with added interests and fees dated from 1st August 2010. Reynolds had put up the mansion for sale but did so at an unreasonably high price of $8.9 million when the home has been valued at a mere $2.4 million. If the payments are not made by the stipulated date, Reynolds and his wife will have to vacate the property.