Florida Leads Nation in Mortgage Fraud

That's what an article that came out Saturday in the Miami Herald read, there are thousands of Florida mortgage brokers fleeing the state.  Crazy how this mortgage crisis has such a rippling effect.  So many brokers were out there trying to make a quick buck that they committed serious crimes of fraud.  What a mess!

http://www.miamiherald.com/2011/08/13/2357835/thousands-of-fla-mortgage-brokers.html

You Are Not Alone In This Mortgage Crisis

After a year of going through this process where CitiMortgage advised me to default on my mortgage, then took 9 months to complete my paperwork, while advising me to save my money and not make any payments until my loan modification went through, then denying my loan modification, I felt in the end like I had done something wrong.  Like it was my fault, like I somehow could have done something more to resolve it.  But after speaking to an attorney I realized I wasn't alone, this was happening to a lot of homeowners out there.  Blame it on the economy, blame it on the banks poor lending practices, whatever, I realized I have become a victim of what is occurring in today's screwed up economy.  Could have I kept paying my mortgage, yes of course, would have I if I hadn't been advised by my own lender not to, yes if I could have seen into the future to see what a mess this has become.  It's sad to say I put my trust in our bank system, trusting they knew what was best for me.  Maybe it was naive of me but I was a stick to the rules with a 780 credit score type of person.  That means my credit report stated I never in my life made a late payment.  Never until a year ago when I took the advice of my mortgage lender who promised me a lower interest rate and a monthly mortgage bill so much lower than what I currently had, it almost seemed too good to be true and was.  I'm so behind now I really don't know what more I can do, I now hope with the assistance of my attorney that I can fight the banks back to save my home.  I no longer will be victimized instead I will fight back to win my first little home I cherish so much!

Homeowner Wins Case Against her Mortgage Lender Citibank

I started writing this blog because I didn't know that I had rights to fight back against the bank and their awful loan modification process, until I learned about Reaching U Network.  Last week I learned that a homeowner, who came to Reaching U Network for help, after going into foreclosure, won their home back.  Reaching U Network was able to put this homeowner in contact with an attorney who could represent her in a foreclosure defense and after a 3 year battle with the banks on Wednesday, June 15th, the banks threw out the case stating serious violations against Citibank, her mortgage lender.   Reaching U Network stood in witness of this court decision proving once again that Reaching U is helping to saves homes.  Press release to be posted soon.

Bank of America

Reaching U Network continues it's efforts to bring awareness to home owners who are victims of banks poor lending practices.  Reaching U Network found this article which unveils how Fortune examined hundreds of foreclosure documents raising more questions to the foreclosure process of one of the biggest U.S. banks, Bank of America.

http://finance.fortune.cnn.com/2011/06/03/at-bank-of-america-more-incomplete-mortgage-docs-and-more-questions/?section=magazines_fortune

Loan Modications a Process or Hassel?

Does the loan modification process actually work?  This is good article as to why it doesn't and after more than a year of having to deal with this process I don't think it will ever work for me!

http://nyshortsaleexperts.com/why-loan-modifications-really-do-not-work

Reaching U Reaches Out to the Community

The story of how Reaching U Network helped save the home of Felicia Davis came out in PRWeb today. Her story is an uplifting story of a how Reaching U Network reaches out to the community to help struggling homeowners save their home.  Reaching U Network is always looking to help others in the community and is reaching out to you. 

http://www.prweb.com/releases/2011/6/prweb8529064.htm

Reaching U Network gave me the power to fight back!

Has anyone out there been trying to get a loan modification?  Then you probably understand what I've been going through.  I went to my bank to ask for a loan modification and their advice to me, you can't apply for a loan modification until you default on your mortgage.  Really, not pay a bill? I'm someone who has never paid a late bill in my life, but I took their advice anyway.  BIG MISTAKE!  It's been a year now of calling my bank every week, continuously providing financial records, tax returns and always getting the run around and in the end DENIED!  So as I was about to give up and give up my home when I learned about Reaching U Network, a non profit organization that provides free legal counsel.  They provided me free legal advice on how to save my home, now I'm fighting back the banks to keep my home. I felt I could not win against these lenders but with all the flawed financial lending activities that is taking place my opinion has changed and my hope is restored that my home will be saved.  I want every struggling homeowner to know you have rights!