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Foreclosure Defense Florida

WARNING….Do Banks Want To Make Americans Homeless (And Get Paid Taxpayer Dollars For Their Efforts?)

What follows is a story of how seemingly illegal, but very common, bank machinations affect ordinary homeowners — who, after bad luck or an accident of timing, turn to their bank for help, only to get caught up in a nightmare. There’s a tremendous amount of shame put upon homeowners, who are unaware of the institutional forces working against them, and who think they somehow deserve this treatment. And there’s a risk that others will fall prey to the same scheme.

Within a year or so of floating between temporary jobs and a home-based business, none of which earned the same wages as before the layoffs, the money had run out for the Matas. They could no longer afford the mortgage payment. So Gisele contacted Bank of America in January of 2012, seeking a loan modification.

Eighteen months later, she has applied and reapplied six different times for modifications, without success. And many of the tactics she has had to deal with match perfectly with what bombshell Bank of America whistle-blowers have revealed was standard practice inside the loan modification unit. “They claimed I didn’t send in paperwork after I did, then they claimed I didn’t send in the right paperwork, and then they claimed I had a tax lien on the house which didn’t exist,” said Mata, 43.

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