http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/ Your Source of What\'s Happening Now Mon, 01 Dec 2008 20:45:30 +0000 http://wordpress.org/?v=2.3.1 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1983 Kandy Katt Thu, 14 Feb 2008 12:09:08 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1983 Too little too late! What about those of us who already lost the house while they were talking about the quick fix in the first place? All I've gotten is shoulder shrugs when I ask if I can get help to deal with the predatory lender and the company that promised to do a quick sale and sat on the house until it went into forclosure. Now I'm stuck without a house, trying to get an attorney for a chapter 7 before the new loan company garnishes wages. That, I don't get - selling a loan on a house that's been forclosed...that's dirty. Too little too late! What about those of us who already lost the house while they were talking about the quick fix in the first place? All I’ve gotten is shoulder shrugs when I ask if I can get help to deal with the predatory lender and the company that promised to do a quick sale and sat on the house until it went into forclosure. Now I’m stuck without a house, trying to get an attorney for a chapter 7 before the new loan company garnishes wages. That, I don’t get - selling a loan on a house that’s been forclosed…that’s dirty.

]]> http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1976 Robin Suo Wed, 13 Feb 2008 22:54:42 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1976 I really took offense at this newscast as Treasury Secretary Henry Paulson stated that more people should ask for help. I have a friend who has been asking for help since August 2007 and has contacted the Hope Program who referred him back to the mortgage company for the third time. This is a farce and the process is too cumbersome for most people. No wonder there is a high foreclosure rate. Some banks, mortgage companies and realtors should have taken better care of the people borrowing to make sure that they never got in this situation with these ARM programs in the first place. I really took offense at this newscast as Treasury Secretary Henry Paulson stated that more people should ask for help. I have a friend who has been asking for help since August 2007 and has contacted the Hope Program who referred him back to the mortgage company for the third time. This is a farce and the process is too cumbersome for most people. No wonder there is a high foreclosure rate. Some banks, mortgage companies and realtors should have taken better care of the people borrowing to make sure that they never got in this situation with these ARM programs in the first place.

]]> http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1974 Alan Vanek Wed, 13 Feb 2008 20:24:12 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1974 Why wait until someone is in that deep? Why not offer this BEFORE that happens? This proposal is definitely BIASED and UNFAIR! Why wait until someone is in that deep? Why not offer this BEFORE that happens? This proposal is definitely BIASED and UNFAIR!

]]> http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1972 Alan Vanek Wed, 13 Feb 2008 20:22:47 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1972 Why wait that long? Why not offer this type assistance BEFORE someone gets in this deep? This proposal is definitely VERY biased! Why wait that long? Why not offer this type assistance BEFORE someone gets in this deep?
This proposal is definitely VERY biased!

]]> http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1971 candice Wed, 13 Feb 2008 20:16:12 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1971 What about those of us that our loans involved fraud? The realtor that did my loan, was supposed to be a 30 year fixed at 7% int., switched the forms to a 9% adj rate to reset 06/09/08 to 16%! I never signed a truth and lending or the ajustable rate document. Several documents weren't signed and had everyone's approval from the title company right up to the mortgage company. I hope this program can help me save my home, I'm a 54 year resident of Las Vegas and been in my home since 1989! What about those of us that our loans involved fraud? The realtor that did my loan, was supposed to be a 30 year fixed at 7% int., switched the forms to a 9% adj
rate to reset 06/09/08 to 16%! I never signed a truth and lending or the ajustable rate document. Several documents weren’t signed and had everyone’s approval from the title company right up to the mortgage company. I hope this program can help me save my home, I’m a 54 year resident of Las Vegas and been in my home since 1989!

]]> http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1970 Cathy Wed, 13 Feb 2008 19:14:23 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1970 What about someone like me, a single Mom who is now upside down on her house, has a huge monthly budget deficit, but borrows and gets further into debt every month jus tto pay on time? I asked my mortgage company (Countrywide!) for a reassessment and was virtually ignored. Should I stop paying my mortgage now???? What about someone like me, a single Mom who is now upside down on her house, has a huge monthly budget deficit, but borrows and gets further into debt every month jus tto pay on time? I asked my mortgage company (Countrywide!) for a reassessment and was virtually ignored. Should I stop paying my mortgage now????

]]> http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1964 patricia BLANTON Wed, 13 Feb 2008 04:30:20 +0000 http://blogs.lasvegasnow.com/blog/2008/02/12/project-lifeline-and-your-mortgage/#comment-1964 IT WILL NOT DO ANY GOOD FOR NEVADANS. ITS JUST LIP SERVICE FROM WASHINGTON. THAT'S ALL IT IS. IT WILL NOT DO ANY GOOD FOR NEVADANS. ITS JUST LIP SERVICE FROM WASHINGTON. THAT’S ALL IT IS.

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