B of A Parallel Foreclosure CONFESSION

Saturday, December 11, 2010

Local family and organization fighting mainland bank - Hawaii News Now - KGMB and KHNL Home - Looks like another example of Parallel Foreclosure.


The Hawaiian family fighting foreclosure looks like another example of parallel foreclosure in action. Foreclosure is not an Option, by David Bornstein, chronicles ESOP's successes in Cleveland Ohio with dealing directly with the banks.

The Hawaiian family is right in being concerned that "mainland banks" are not helping them. It was only after ESOP threw plastic sharks on the lawns of bank presidents that they got the bank's attention. And ESOP also tries to qualify their own home owners to help ensure they will be able to make their payments once they get a home loan modification.

None the less, initiating foreclosure actions BEFORE a homeowner can even apply for HAMP, is parallel foreclosure, and that seems ethically challenged, morally repugnant, and hopefully, reimbursible in a court of law.

No comments:

Post a Comment

SCROLL DOWN TO SEE ARTICLES

SCROLL DOWN TO SEE ARTICLES
CLICK ON IMAGE TO GO TO DAILY-PROTEST

CLICK ABOVE to TELL YOUR PARALLEL FORECLOSURE STORY!

AD SPACE AVAILABLE for CLASS ACTION LAWSUIT to help PARALLEL FORECLOSURE VICTIMS fight back.

CLICK ABOVE IMAGE to see how many have been victimized by PARALLEL FORECLOSURE.

Share Gadget