INCREDIBLE, HARD TO BELIEVE STORIES ABOUT ABUSIVE FORECLOSURE PRACTICES can be found at Shame the Banks.

Meet Mike Dillion, his story should make you livid. If his story is true, the people from Fairbanks need to be INDICTED.

Chase Bank tells couple to stop making payments so they can qualify for a home loan modification, then forecloses on them.

Chase Bank, Chase Bank, Chase Bank. Another couple's home bites the dust because of Chase Bank Shenanigans.

Chase Bank tells couple to stop making payments on their home so they can qualify for a home loan modification, then forecloses on the home.

States finally telling big banks where to go, but will they follow through?

Of course it makes sense for a state to invest its funds locally. The days of unrepentant derivative deals are over, and that is the primary way that Wall Street financial investment sharks make money, they simply re-package an existing service and shave off a significant amount of the profit for themselves.

Even if the shady derivative deal loses money, the Wall Street Financial Investment sharks still shave their "profit" off of the top. Cheer your state on to fight the evil that wall street cannot seem to move away from as the states consider moving their money away from the big banks.

Homeowner fighting back against Bank Of America mortgage practices.

Learn more about how homeowner John Wright is fighting back against Bank of America. The article brings up an interesting point, why did Congress spend over a year battling about healthcare, which won't take affect for SEVERAL YEARS, while homeowners are losing their homes NOW.

Florida Home Foreclosure Signature Fraud Exposed in Court Deposition.

Matt Weidner law dot com has reported that a court deposition from Cheryl Sammons reveals she regularly spent two hours a day blindly signing foreclosure paperwork without reviewing it.

Years ago I termed the phrase, "Paper violence". Apparently, we may be witnessing ground zero paper violence when it comes to foreclosure signatures without proper review.

From Mr. Attorney Weidner's blog it states, "I attach here all 138 pages of a deposition that was taken of Cheryl Sammons. Ms. Sammons may personally be responsible for more Floridians losing their homes than any other single person in this state".

To read the rest of this compelling article, please visit Mr. Weidner's blog by clicking here.

Chase Mortgage Modification Fraud, Scams, and Dirty Tactics

Chase Mortgage Modification Fraud, Scams, and Dirty Tactics

Visa Creates Black Card, because life is good and you have tons of money to spend, and Visa has tons of money to spend making this commercial.

Click here to see this piece of elitist crap commercial.

The Black Card from Visa, because after you skim billions of dollars from the government to pay yourself obscene bonuses, you gotta have fun. This commercial was disabled by Visa from being embedded anywhere but on YouTube. I wonder why. Possibly because they know about the backlash they would get if they allowed bloggers to post the actual commercial on their own blogs.

FDIC creates 500 well paying jobs in Illinois processing bank failures!

See, the economy IS CREATING JOBS! Click here to learn about the 500 jobs the FDIC is creating in Illinois to help process all the bank closings.

Instructional Video about Home Foreclosures from Thing Big Work Small.

Click here to see Video.

One aspect that is not being covered by this video is what about the original total value of the loan. While the banks that are buying existing home loans might be making money by foreclosing on a home, someone did lose money before these loans were taken over, no?

However, this video still makes important points about the banks who take over bad loans having more motivation to foreclose on a home than modifying a loan, and if true, is completely unacceptable.

Did Bank of America foreclose on the wrong house?

Check out this story about Bank of America possibly foreclosing on a homeowners house who had purchased the house with cash, click here.

There is an additional link at the link provided above that takes you to the original story along with plenty of comments.

The Problem With America's Debt - Glenn Beck - FOXNews.com - Glenn Beck thinks debt with Chase Bank is "better" than debt with China. Gasp.

The Problem With America's Debt - Glenn Beck - FOXNews.com

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Glenn Beck does not understand the real damage that consumer debt is creating. He thinks we would be "better off" owing Chase Bank rather than China. This is just nuts. We would be better off incentivizing the consumer credit card debt by removing the interest rate charges for any consumer who is committed to PAYING DOWN THEIR CREDIT CARD DEBT.

Everybody wins, even the Chinese. But Glenn Beck falls short with his analysis. The alleged tea bagger could not bring himself to admit that national banks have destroyed local economies.

I will give some credit to Glenn Beck for spotlighting that the Barack Obama is holding on to part of the stimulus money so that the democrats can use it just before the next set of elections this fall to seed Wall Street and possibly electrify regions of the country with stimulus money.

But Glenn Beck loses the credit, and then some, when he has the gall to say consumers would be better off owing Chase Bank rather than China.

Rolling Stone reveals how Barack Obama deviated from his campaign promises when it came to actually following through on them.

The Rolling Stones article by Matt Taibbi reveals the shift that occurred from Barack Obama's campaign message versus what he actually did after becoming president. Barack's team changed after the election to a Harvard / Wall Street connection and they had not done so well on wall street in the recent past.

Ironically, the one area where Barack Obama did not listen to his Harvard Wall Street money group was when it came to balancing the budget, or even coming close, Barack Obama chose not to pursue balancing the budget.

Click here to read Matt Taibbi's article in Rolling Stone

My take on the article is it is about Barack Obama giving everybody what they want, and then something happens. In the meantime, 10,000 homeowners are foreclosed upon in the United States each day.

The Street Gets it Wrong when it Blames Consumers for not Reducing their own Consumer Debt, Gasp.

I found a story identifying the reduced consumer debt as having to do with credit card write downs and not a change in consumer spending habits. I found the ending of the article offensive as it blames the american consumer for not doing more to pay down their debts.

This is an idiotic conclusion, and one that cow tows to the wall street banking banksters that have put their resources in scandaulous derivative schemes, bankster bonuses, seeding wall street, and international investments, NONE of which helps americans reseed their local economies.

The american people have been robbed of the ability to reduce debt because of existing ultra high credit card interest rates that is starving the rebirth of local commerce. To blame Main Street for the chicanery of Wall Street is just another slap in the face from the banksters as the line up for their billions in bonuses.

You can read the story and the scandalous final sentence on page three of The Street article by clicking on this sentence. If you don't move your money to a local community bank or credit union, who will?

Joel Grover of KNBC-4 Reports that GMAC actually Foreclosed on home even though GMAC knew it had already been sold!

Every time a home in your neighborhood is foreclosed upon, the appraisal value of your home drops 1 percent!

Click here to read KNBC 4 Joel Grover's report on how far GMAC went to to override the sale of a person's home (Mark Kohn) and foreclose on the home seller even though the home had already been sold almost a month earlier!

Parallel Foreclosure strikes again.

Where Does the Term Parallel Foreclosure come from? From Chase Bank as quoted by Sarah Buduson of KPHO CBS 5.

Somebody who claims to be a loan agent accused me of making up the term "parallel foreclosure". I did not make the term up, and find it sad that so few people seem to even be aware of either the term parallel foreclosure, or the practice of parallel foreclosure.

As you can clearly see in the image provided above, KPHO CBS - Channel 5 anchor person and reporter Sarah Buduson identifies the term parallel foreclosure in this news story from around Nov. 12, 2009 and credits the term to a Chase Bank representative, Mary Jane Rogers.

Click here to see my original story about Parallel Foreclosure which also includes a link to the Sarah Buduson news video clip about parallel foreclosure.

Edit update. The link above goes to an article I wrote over a year ago and I can't believe how long winded and "can't we all just get along" I was. It embarrasses me to read it now. If you want a better update on the history of parallel foreclosure (is that an oxymoron?), click here.