Friday, March 11, 2011

foreclosure help

On Monday night, I watched my very first, The Last Phrase host Lawrence O’Donnell.
When O’Donnell laudably tried to target the audience’s focus onand hopefully last, Charlie Sheen trainwreck interview, courtesy of the tragic undertow that threatens to pull Sheen below for high-quality, I used to be overtaken, not by the pulling about the thread, and also the voracious audience he serves. It did not make me unhappy, it crafted me angry.

In relation to celebrities, we will be a heartless region, basking in their misfortunes like nude sunbathers at Schadenfreude Seaside. The impulse is understandable, to some degree. It can be grating to pay attention to complaints from most people who enjoy privileges that most of us can’t even think about. If you happen to cannot muster up some compassion for Charlie Sheen, who would make a lot more dough to get a day’s operate than most of us will make within a decade’s time, I guess I can not blame you.



With all the fast speed of occasions online in addition to the info revolution sparked by the Web-based, it’s quite uncomplicated for the know-how business to believe that it’s exclusive: continually breaking new ground and engaging in facts that no person has at any time executed in advance of.

But one can find other kinds of online business that have already undergone a few of the same radical shifts, and have just as wonderful a stake during the future.

Take healthcare, for example.

We generally presume of it as a large, lumbering beast, but in truth, medicine has undergone a sequence of revolutions while in the past 200 many years which have been at the very least equal to individuals we see in technological know-how and facts.

Less understandable, but still in the norms of human nature, could be the impulse to rubberneck, to slow down and look into the carnage of Charlie spectacle of Sheen’s unraveling, but of your blithe interviewer Sheen’s daily life as we pass it while in the right lane of our everyday lives. To be honest, it may possibly be challenging for many people to discern the variation concerning a run-of-the-mill awareness whore, and an honest-to-goodness, circling the drain tragedy-to-be. On its individual merits, a quote like “I Am On a Drug. It is Known as Charlie Sheen” is sheer genius, and we can not all be expected to consider the complete measure of someone’s lifestyle every last time we hear something humorous.

Quickly forward to 2011 and I'm trying to look into means of staying a bit more business-like about my hobbies (for the most part audio). From the end of January I had manned up and started out to advertise my blogs. I had established quite a few diverse weblogs, which have been contributed to by good friends and colleagues. I promoted these routines thru Facebook and Twitter.


2nd: the minor abomination that the Gang of Five about the Supream Court gave us a 12 months or so back (Citizens Inebriated) in reality is made up of just a little bouncing betty of its individual that can pretty well go off inside faces of Govs Wanker, Sacitch, Krysty, and J.O. Daniels. Considering the fact that this ruling prolonged the principle of “personhood” to the two businesses and unions, to check out to deny them any right to run inside of the legal framework that they have been organized beneath deprives these “persons” of the freedoms of speech, association and movement. Which implies (after once again, quoting law school educated spouse and children) that both the courts have to uphold these rights for that unions (as particular person “persons” as assured from the Federal (and most state) constitutions, or they've to declare that these attempts at stripping or limiting union rights should utilize to main corporations, also.

For the past year, we've been digging into the administration's fumbling efforts [1]. We've crunched a lot of numbers along the way, and now we're sharing what we found 2013 including loads of previously unreported data.


Using new Treasury Department figures, previously unreleased documents obtained through Freedom of Information Act requests, and new analyses of state and industry data, we have assembled the most detailed look yet at how the the mortgage industry [2] and the government's main effort, the Home Affordable Modification Program (HAMP), have failed homeowners.


It provides crucial context to the ongoing government investigation into mortgage servicing practices, which might lead to reforms [3] of how banks and servicers handle homeowner requests for modifications.


Here's what we learned:



  • Only a fraction of struggling homeowners are getting help.2026 [4]

  • Mortgage servicers are only reaching a small fraction of struggling homeowners.2026 [5]

  • The largest servicers, especially Bank of America, have left most struggling homeowners in limbo without either modifying or foreclosing. [6]

  • HAMP itself hasn't made much difference: It hasn't led to an increase in modifications.2026 [7]

  • Just over one in five homeowners who applied for a HAMP mod have received a permanent modification2026 [8]

  • And in one quarter of rejections, mortgage servicers - notorious for losing documents - have cited missing documents as the reason. [9]

  • Here are your overall chances of getting a mod with each of the top servicers. [10]

  • Treasury claims servicers are improving, but its own data show otherwise. [11]

  • When servicers offer a mod, it's generally more affordable than mods used to be.2026 [12]

  • But instead of mods, servicers have recently been offering more repayment plans, which actually increase struggling homeowners' payments. [13]

  • In the end, most government funds set aside to help homeowners are still unused. [14]




    I mentioned JPMorgan Chase earlier today, in conjunction with Bernie Madoff’s reasoning that the banks “had to know” about his Ponzi scheme. JPM also plans to cut their trading platforms around the world, perhaps in response to Dodd-Frank. But I want to point out that JPM is working hard to clean up another of their problems, this time related to their abuse of military families.


    A Congressional hearing last week detailed how JPM illegally foreclosed on service members while they served on active duty overseas, in violation of the Servicemembers Civil Relief Act. They also charged mortgage interest rates above the cap for active-duty military personnel.


    The big bank went out of their way to fix the problem yesterday, knowing that abusing service members could get you in big trouble in this country, and lead to further scrutiny of their abusive practices. Calling these violations a “painful aberration” on a track record of honoring military families, JPM CEO Jamie Dimon announced:


    • New pricing. Under the Servicemembers Civil Relief Act, servicers are required to cap mortgage interest rates for active duty personnel at 6%. JPM will lower that cap to 4%.


    • Military modification program. JPM will go beyond HAMP requirements for all personnel who served on active duty going back to 9/11. If the borrower has a second lien with them, they will reduce the interest rate on it to 1%.


    • No foreclosures. JPM will not foreclose on any active duty military personnel overseas. Anyone who was wrongly foreclosed upon previously will not only get their home back, but JPM will forgive all remaining home debt. They promise to do that in the future with any other wrongful foreclosure of a military family.


    • Donations. JPM will donate 1,000 homes to military and veterans, through a non-profit partner, over the next five years.


    • Jobs. They will commit to hiring 100,000 military and veterans over the next ten years. They will also offer a Technology Education certificate for veterans to take free to get technology training for future careers.


    • Advisory Council. They’ll form an Advisory Council to determine other ways to help military families. They’re also opening a bunch of Homeownership Centers near military bases to assist families.


    Needless to say, this is a PR gambit to the nth degree. But look how incredibly scared JPM is that anyone will look past the abuse of military families. They are going out of their way to burnish and repair their public image on this one, and the goal is to whitewash the fact that they were merely engaging in standard servicer practices of abusing homeowners and illegally foreclosing.


    The question I have is simple: Why is it OK to abuse the vast majority of borrowers in the United States, but not military families? Why draw the line there? The answer is equally simple: it’s good politics, and they don’t want Congress breathing down their necks.


    I hope that people can see through this admission of wrongdoing and guilt, and know that it’s not confined to the military sphere.




    Source: http://removeripoffreports.net/ corporate Reputation Management

    The best in online reputation management

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