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  1. Moe Bedard

    Coronavirus Mortgage and Real Estate Crisis of 2020

    As a warning to LoanSafe members and guests, I wanted to inform you in case you already do not know that there is a major mortgage crisis that is starting to brew and fester behind this coronavirus chaos. Every sign and the numbers all indicate that it is not a matter of if, but when this crash...
  2. Moe Bedard

    Bank Of America To Face Racketeering Lawsuit For Denying Loan Modifications

    Massive consumer victory upholds claims that BOA’s HAMP mortgage-modification program was a RICO enterprise The nation's seconds largest banking institution, Bank of America must face a class action lawsuit over RICO and promissory estoppel claims for conspiring to obstruct, delay and deny...
  3. Moe Bedard

    Utah Lake Closed Due To Toxic Algae Blooms

    It is not only the world’s oceans that are being taken over by harmful algae blooms, many rivers and lakes are also falling victim to this green toxic killer. This past Friday (July 15, 2016), state officials closed Utah Lake after test results confirmed that a massive algae bloom that now...
  4. Moe Bedard

    Apocalyptic Toxic Algae Blooms: A Third Of The Waters Turned Bitter And Many People Died

    The reason I’m starting to document this algae epidemic in the U.S. and across the world on my mold website is because both mold (aka fungus) and algae are two micro-organisms that live in close association with each other so much so that they appear to be a single plant. In addition, they can...
  5. Moe Bedard

    California Supreme Court Rules Homeowners Have Right To Challenge Fraudulent Foreclosure Cases

    In the case below of Yvanova V. New Century Mortgage, the California Supreme Court ruled, “A homeowner who has been foreclosed on by one with no right to do so has suffered an injurious invasion of his or her legal rights at the foreclosing entity’s hands.” “A deed of trust may thus be assigned...
  6. Moe Bedard

    Boa And Fannie Mae To Forfeit More Than $100,000 Of Interest On Loans To A Manhattan Couple

    A Manhattan Supreme Court judge ruled this past Wednesday that Bank of America and Fannie Mae will have to forfeit more than $100,000 of interest on loans to a Manhattan couple for not acting in good faith in responding to requests for a loan modification, according to the New York Law Journal...
  7. Moe Bedard

    Help Heal And Save My 8 Year Old Micah's Leg

    For the last 5 years our young family has suffered various health problems such as severe allergies, bone aches, and skin issues ever since moving into a rented home in Carlsbad, California. We thought it was related to our food and have since been on an all organic diet based on whole foods...
  8. Moe Bedard

    Fannie Mae And Freddie Mac To Streamline Loan Modifications For Struggling Homeowners

    The two Government-sponsored enterprises (GSEs), Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation), announced on Tuesday that they are changing the way they modify some mortgages. The reason for the change is because many of the loans...
  9. Moe Bedard

    We Therefore Reverse The Deficiency Judgment For The Bank

    This breaking court news is based on a recent foreclosure case in California where the bank was granted a deficiency judgement against a widow’s estate based on land owned by her deceased husband that was foreclosed on after his death. The Court of Appeals of California, Fifth District reversed...
  10. Moe Bedard

    Citigroup Banker Found Dead With Throat Slashed In The Bathtub Of His Swanky Apartment

    This is getting a little spooky to say the least... A Citigroup banker was found dead with his throat slashed in the bathtub of his swanky downtown apartment, authorities said Wednesday. Shawn D. Miller, Citigroup’s managing director of environmental and social risk management, was discovered...
  11. Moe Bedard

    Wall Street Bankster And Us Veterans

    Something is wrong with this picture.....
  12. Moe Bedard

    Deutsche Bank Fighting To Void Loan Mod Deal With 'wrong' Homeowners

    THIS IS A GOOD ONE ;) In an apparent case of mistaken identity, Deutsche Bank is hitting some roadblocks in its efforts to void a loan modification it claims resulted in a $125,000 discount on the wrong homeowners' outstanding mortgage. The bank obtained a default judgment a year ago, but a New...
  13. Moe Bedard

    George Soros Bets $2b-plus On Stock Market Collapse: Industry Insiders

    GET READY FOR A CRISIS AND MORE FORECLOSURES..... Billionaire businessman George Soros has upped his ante in what some industry insiders say in his long-running bet that the United States will suffer a massive stock market collapse in the coming months. His financial filings show that he’s...
  14. Moe Bedard

    Bank Of America Settlement Likely To Benefit Few

    Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners. The settlement requires the second-largest U.S. bank to reduce some homeowners' loan balances...
  15. Moe Bedard

    Bank ‘relief’ Leaves Homeowners In The Cold

    There have been many, many settlements with the banks such as Bank of American over the years. Billions and billions of dollars. Yet, very few homeowners seem to benefit from these settlements and the LoanSafe forum has been proof of this fact... SOURCE: NYPOST.COM Bank ‘relief’ leaves...
  16. Moe Bedard

    California Homeowner Wins $16 Million Loan Modification Lawsuit

    This past week a Northern California homeowner by the name of Phillip Linza had won a $16 million loan modification victory in a battle against the mortgage servicing company PHH Mortgage Corporation (PHH). A huge court victory that may be the largest monetary award ever won by a homeowner for...
  17. Moe Bedard

    Former Bank Of America Employee Sentenced To 30 Months In Prison For Short Sale Fraud

    A former Bank of America employee, Kevin Lauricella, 29, of Thousand Oaks, California was sentenced on Monday to 30 months in federal prison for his participation in a fraudulent short sale scheme. As an employee for the Short Sale Department at Bank of America, Lauricella was paid $1.2 million...
  18. Moe Bedard

    A Partial Win For Homeowners Suing Mers For Robosigning And Foreclosure Fraud

    Many homeowners across the nation are still battling mortgage servicers in court over various legal issues involved with the foreclosure process. A process that many lawyers and homeowners believe they have been wrongfully foreclosed upon because they claim that servicers are committing fraud...
  19. Moe Bedard

    Home, Food Or Health Care: A Choice Many Renters Can't Afford

    (Source: NPR) - The mortgage crisis that devastated the economy has received endless attention, but it's not just homeowners who have suffered badly in this economy. As of 2012, renters made up 35 percent of American households. Their numbers are growing, reversing a decades-long uptick in home...