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Friday we have Personal Income, Consumer Spending, and University of Michigan Consumer Confidence. The report to watch this week is the initial jobless claims, as early reports are we may see over 2 million claims, which would be unprecedented. Government recording offices and third-party vendors shutting down will potentially affect borrowers being able to successfully close on the purchase loan of their new home One of the major issues here is the price of homes. There has to be some kind of control to keep the cronies from profiting off of the people. People do not make enough money to keep paying these prices.

I have saw the writing on the wall from my previous experience in the last real estate crash. As soon as the last tax cut was approved, I knew that a possible crash was coming.

My 27 year repair business does not take debit or credit cards as I believe these card are the problem with this economy. This seems to be the problem with the whole economy and why we have problems every three or four years. The Fed announced this morning that they will purchase as much US debt as necessary to stabilize the economy. This will include buying lots of mortgage debt, which should help keep mortgage rates low for some time. Erik, does this purchase include non-secured investor loans like the investment pool (U. If so, does this mean us that have such loans will receive help? Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Oh I have a lot of knowledge Moe- as an investor, a real estate investor, a businessman and a person whose family was bludgeoned by the sub-prime crisis. This experience dates back to 1981, so spare me your condescension. At the peak of my business career, my business was in the Top 100 in the U. My wife and I have been married for close to 40 years.

We have two adult children that are college graduates and are successful now in their own careers. I know things have been rough since you lost your home, and had to move back in with parents, but you are not fooling anyone here. You come across so pathetic in your posts, and desperate. I know things have been rough since you lost your home, and had to move back in with parents, but you easy cash loans online are not fooling anyone here. You come across so pathetic in your posts, and desperate. And, thanks in part to this website, we never lost our home. Also, I moved out of my parents home to attend www personal loans com college when I was 18 years old.


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Just do a search here on this 500 loans no credit check website under everything Chasegame.

We had an underwater 2nd with Chase and our 1st with Chase as well.

Ultimately we decided to go silent with RTR (they had our 2nd for awhile) because our settlement attempts were going nowhere. RTR must have given up too as they sent our 2nd back to Chase! Then out of nowhere, Chase released us from the second. Before celebrating or telling my wife, I went to the county recorder and sure enough, they released it.

Caveat to anyone on this forum: never screw with Krafty. He and I often see things differently but we disagree as friends easy cash loans online and with respect. Dissent in our discussions is productive and the point is not about being right but using the opportunity to expand our understanding. I think is challenge for all of us - who has learned the ropes and got one or two knowledge picked up past 10 years. This is weekly easy loan approval payday loans the time to care, be calm to beat covid 19. Or give this forum - some tips, based on your readings - the oversight agency, if any, who unsecured loans for bad credit direct lenders can verify what HAMP Directives for homeowners to know.

For getting your 2nd forgiven is one big blessing and maybe share this - thru the kindness of your heart, if you care to? Thanks again I know things have been rough since you lost your home, and had to move back in with parents, but you are not fooling anyone here.

You come across so pathetic in your posts, and desperate. CG2, just remember all of us are used to fighting the banks and arguing with their attorneys.

I think is challenge for all of us - who has learned the ropes and got one or two knowledge picked up past 10 years. This is the time to care, be calm to beat covid 19. Or give this forum - some tips, based on your readings - the oversight agency, if any, who can verify what HAMP Directives for homeowners to know. For getting your 2nd forgiven is one big blessing and maybe share this - thru the kindness of your heart, if you care to? Thanks again Smile Back (love that handle btw)- you should be able to find my previous posts here and they may go back to 2014.

I had to start this thread because I still cannot post in most of the older threads here. Not just the real estate we owned, but also our business went through a natural disaster at the same time. Like many, we went from pretty significant success and wealth to being forced to file Chapter 7.


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We were barely able to hang on to our instant approval loans home and stayed current on our first, and the 2nd, but time was running out. Like clockwork, as the strategy predicted, we started getting calls from Chase. They said no, sent us all the Loan Mod paperwork several times, pushed HARD for us to make even token payments. Without success, I sent them a letter asking them not to call me anymore and just to communicate in writing. I did easy cash loans online easy cash loans online get a letter back each time saying essentially my offer could not be accepted. Not sure the gap in time but I was then noticed by Chase that my 2nd was now being serviced by RTR. So we started again with RTR, same pressure tactics, same suggestions (loan mod. Pretty sure she goofed in telling me that, but I celebrated that night thinking I had finally broken through. Several months later I received a letter from RTR saying they had returned our file back to Chase!

If Chase had decided to foreclose on the second we were cooked. Then, out of nowhere, I received a letter from Chase that the debt was released. They included a copy of the release document that had our county recorder stamp on it.

CG2, just remember all of us are used to fighting the banks and arguing with their attorneys. FWIW- I watched a very well produced 2018 documentary on Amazon Prime (maybe HBO? Amazing inside info with all the players (Geitner, Bernanke, Paulson et al).

The uncertainty will be resolved fairly quickly (malaria medicine etc) with permanent vaccination talk further easing concerns.

Before someone in China ate bat soup (or whatever), the U. In summary, this virus issue will be resolved very soon. In the very (very) short term there will be some economic trauma that will take a few months to recover from. But this is no way going to replicate the sub-prime crisis. Over the life of the program, all TALF loans were repaid in full at or before their respective maturity dates. The New York Fed did not incur a loss on any TALF loan, according to the Fed. As all TALF loans were repaid in full, no TALF collateral was surrendered to the New York Fed, and TALF LLC acquired easy cash loans online no such assets during its existence. Krafty, Raffy, Jzone from Ca, Chase 2 (who came back to provide positive support), and with a lot bright minds here, with admirable fighting spirit and very generous to share- amazing!

We all applaud and grateful you all are well to empower yourself and low income loan having the generosity of each other to fight your cause. I wonder do these struggling homeowners took the time to read the fine line by servicer that may actually a trap , worse off than what happened in Great Recession 2008?

Yet next stimulus is feeding Billions to these monsters? This amendment will not put these homeowners back to pre-G Recession sub-prime loan thus continue with sustainable payment. This means 90 day payday loans to provide a Guideline - maybe CARES ACT 2, to allow homeowners, whose 2nd liens or 1st liens were incompletely modified and they are now being help by affiliate as silent loans, awaiting for positive equity that they can grab again, despite bgetting credited 1:1 to either extinguish or forgive the loan. Instead banks either sold or transfer to affiliate collection companies. As most survived 10, 11 12 years of this loan mod horror, surviving coronavirus will give us strength and courage to recoup, recharge and resurge. The key point is for all of us to unite and truly connect to those who can provide the solutions that we can feed them the truth of how the banks have been enriching themselves to the point of homeowners and consumers getting poorer with negative net worth, because the banks kept manipulating the mortgage servicing system with all their lawyers, and funds that Feds continually feed them crisis after crisis. Thank you for summarizing what happened to your loan. Krafty, Raffy, Jzone from Ca, Chase 2 (who came back to provide positive support), and with a lot bright minds here, with admirable fighting spirit and very generous to share- amazing!

We all applaud and grateful you all are well to empower yourself and having the generosity of each other to fight your cause. I wonder do these struggling homeowners took installment payday loans online the time to read the fine line by servicer that may actually a trap , worse off than what happened in Great Recession 2008? Yet next stimulus is feeding Billions to these monsters?

This amendment will not put these homeowners back to pre-G Recession sub-prime loan thus continue with sustainable payment. This means to provide a Guideline - maybe CARES ACT 2, to allow homeowners, whose 2nd liens or 1st liens were incompletely modified and they are now being help by affiliate as silent loans, awaiting for positive equity that they can grab again, despite bgetting credited 1:1 to either extinguish or forgive the loan.