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Wednesday, April 10, 2013

Things you can buy with the $ you got for having your house stolen by the megabanks

http://forhavingmyhousestolen.tumblr.com/




What You Can Buy For Having Your House Stolen

 

The OCC announced on 4/9/13 how much $ homeowners that banks wrongfully foreclosed on will get. Here's what they can buy!


 

About One Hour’s Worth of Legal Advice

 

Lawyer Bashing Is Fun


“Hello, yes, it’s very nice to meet you, too, I’m LAWYER.”

“Ok, so, you were approved for a loan modification? Great! So legally the bank can no longer foreclose on you. Oh? You are still being foreclosed on? I’m very sorry to hear that.”

“How long has this been going on? And you received $500 as a part of the @USOCC settlement with the banks?”

“Well, you can still pursue legal action. Next steps? Well, I’m afraid our one hour is up. If you’d like to continue, we’ll need to schedule another meeting. And yes, my rate is $500/hour, so if you need to set up a payment plan we can definitely help you with that…”

h/t @kiplet
Filed under OCC IFR independent foreclosure review dual-tracking megabanks



Enough Alcohol To Drown Your Sorrows

Another Alcohol Shot
Yes, maligned homeowner, one of the megabanks screwed you. You had a loan modification request APPROVED, and yet you were STILL foreclosed on. The banks fucked up, what can we say?

You know, it was probably Wells Fargo, who had up to an 80% error rate in foreclosure files reviewed, as reported on by the WSJ last year: “Ms. Cordova, who trained contract workers on a review of Wells Fargo files in Orange, Calif., said the rate of errors on files she saw was rising when banks and regulators halted the exams. Certain batches produced error rates as high as 45% to 80% in late 2012, she added.”

But don’t worry! The @USOCC has a solution! They’re gonna make the banks pay you between $300 and $500!

THINK OF ALL THE BOOZE YOU CAN BUY WITH THAT MONEY!?
Who needs a house when you can drown your sorrows with drink?!
h/t @smck0wn

Filed under OCC IFR independent foreclosure review dual-tracking



Ten Pitchforks Yeah, sure, you are only getting $500 for being foreclosed on even though the bank approved your loan mod. Hey, you know, the banks mess up sometimes! And sure, the consultant who reviewed your file & your tale of heartbreak made $10,000.  But think about it! With that $500 you can buy TEN PITCHFORKS and go visit the offices of Promonotory Financial Group (Where The Bank Regulators Go To Get Rich™).

Ten Pitchforks

Yeah, sure, you are only getting $500 for being foreclosed on even though the bank approved your loan mod. Hey, you know, the banks mess up sometimes! And sure, the consultant who reviewed your file & your tale of heartbreak made $10,000.

But think about it! With that $500 you can buy TEN PITCHFORKS and go visit the offices of Promonotory Financial Group (Where The Bank Regulators Go To Get Rich™).
Filed under promonotory consultant rip-off IFR OCC foreclosure settlement independent foreclosure review



Nearly Four Months Rent in Alaska If you are being illegally foreclosed on FOR NO REASON (you are not even in default), the @USOCC will make the banks pay you $5000 for this illegal foreclosure. You could rent a place in Alaska for like 4 months with that money! WHAT ARE YOU EVEN COMPLAINING ABOUT, WRONGED BORROWER! 

Nearly Four Months Rent in Alaska

If you are being illegally foreclosed on FOR NO REASON (you are not even in default), the @USOCC will make the banks pay you $5000 for this illegal foreclosure.

You could rent a place in Alaska for like 4 months with that money! WHAT ARE YOU EVEN COMPLAINING ABOUT, WRONGED BORROWER!
Filed under OCC IFR illegal foreclosures foreclosure settlement independent foreclosure review
 
An iPhone 5! (Uh, w/ a 2yr contract…) You can buy a 32GB iPhone 5 if you are a homeowners who had a loan modification APPROVED, but are STILL BEING FORECLOSED ON because the banks do not have their shit together (one dept handles loan mods, another handles foreclosures; this is called “dual-tracking”)! Congratulations! It only took the pain and suffering of a foreclosure fight that wasn’t your fault to get the $ for your new phone! Enjoy!

An iPhone 5! (Uh, w/ a 2yr contract…)

You can buy a 32GB iPhone 5 if you are a homeowners who had a loan modification APPROVED, but are STILL BEING FORECLOSED ON because the banks do not have their shit together (one dept handles loan mods, another handles foreclosures; this is called “dual-tracking”)! Congratulations! It only took the pain and suffering of a foreclosure fight that wasn’t your fault to get the $ for your new phone! Enjoy!


Filed under OCC IFR settle independent foreclosure review bank errors servicer errors
In @USOCC settlement, 234K+ homeowners had a loan modification APPROVED, but were STILL FORECLOSED ON. They get a paltry $300
https://twitter.com/alexisgoldstein/status/321648266917867520
 
 
Filed under IFR OCC Fed independent foreclosure review settlement bank errors




Things you can buy with the $ you got for having your house stolen by the megabanks

The OCC announced on April 9th, 2013 the details of how much money the banks will pay homeowners who were found to be wrongfully foreclosed on—or who suffered financial harm at the hands of the banks. 

This is compensation for losing your home due to ERRORS BY THE BANKS. This is not homeowners who were foreclosed on because they didn’t pay. This is $ given to those WRONGFULLY FORECLOSED ON because the banks messed up.
This settlement is a slap in the face for many homeowners. This tumblr is dedicated to the things YOU CAN NOW BUY with the compensation you received for having your home STOLEN BY THE BANK.

Filed under independent foreclosure review IFR OCC Fed Settlement wrongful foreclosures bank errors illegal foreclosures



 
April 9, 2013

Thank the @USOCC for this Hot Mess!

The OCC announced on 4/9/13 how much $ homeowners that banks wrongfully foreclosed on will get. Here's what they can buy!

For complete background, see this Storify, "Insults & Injuries in the OCC Foreclosure Settlement Payouts"

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