Mortgage and Foreclosure Fraud, Syria and More: Weekly News Wrap-Up

Mortgage and Foreclosure Fraud, Syria and More: Weekly News Wrap-Up. CMPS Certified Mortgage Planning Specialist - Wrap Up

Mortgage and Foreclosure Fraud, Syria and More: Weekly News Wrap-Up video duration 6 Minute(s) 16 Second(s), published by Greg Hunter on 10 02 2012 - 07:38:30.

http://usawatchdog.com/ - It looks like the biggest banks in the country have cut a deal with state and federal regulators to end some of the mortgage and http://LeahCoss.ca Hi, everyone, how are you? It's Leah Coss with The Mortgage Center
I've had a few of you out there ask me recently if you can wrap up your .

Wrapping Up Debt Into Your Mortgage or Consolidating Debt
'Consolidating' debt means taking out a new loan to wrap all our existing debts together and pay Putting house wrap on our mortgage free $8015 house The book that helped us renovate: http://www.amazon.com/dp/1600852467/?tag=drrob-20 On October 8, This #PillarPoints series is to educate consumers on credit and how it impacts the home buying process.

http://usawatchdog.com/ - It looks like the biggest banks in the country have cut a deal with state and federal regulators to end some of the mortgage and foreclosure fraud liabilities.

It is reported there is possibly $13.5 trillion in mortgage and foreclosure fraud,
and it is all being settled for $25 billion. This settlement is a travesty of
justice and a total rip-off of America. This deal is being spun that delinquent
homeowners are getting a bailout, refinancing and debt forgiveness and that it was the government's fault because it forced the banks to loan money to people who couldn't pay it back. I don't think the government forced the banks to sell liar
loans and package those loans into mortgage-backed securities, selling the toxic
junk to unsuspecting investors. Then, when it all blew up, I don't think the
government forced the banks to commit foreclosure fraud and forgery to take back the houses. The government did turn a blind eye to all the fraud and is still doing so today. Not a single financial elite has been prosecuted for these alleged crimes, and I don't think they ever will. There will still be lawsuits, but the Federal government looks like it will turn a blind eye to criminal charges now that this deal is done. Don't look for the housing market to get better. This deal shows prices have a lot further to fall as more homes are taken by the banks.

Let the foreclosure flood gates open again so the banks can make some more money to stay afloat. There was also a $170 billion Greek debt deal this week. More cuts are coming to wages, pensions and public services. You wonder why there are more strikes and demonstrations going on in one of the world's oldest democracies. Is this a glimpse of what's in store for America? Things in Syria are heating up, and it is looking more and more like a full blown revolution that the west is covertly supporting. It was reported, this week, the U.S. military is looking at its options in the region, as if possible war between Israel and Iran is not enough to consider. See all these stories and more from Greg Hunter and USAWatchdog.com in the Weekly News Wrap-Up.