No Money Down Home Loans

There Are Still No Money Down Home Loans Available

No matter what you've may have heard, you can still buy a home with no money down, and you can do it regardless of your credit or your income situation.  For more information and assistance please see:

*****No Money Down Home Loans*****

My Personal Experience With Foreclosure

What Happen To Me During Foreclosure

Immediate Foreclosure Issues Click Here 

SEE The Actual House here. Brick Front Lower & Upper blue Siding.

My name is Charles T. I was a homeowner until March 05, 2010

when I lost my home to foreclosure. Let me give you a brief recap 

of what happen to me.I built my home new in Chicago, Illinois, and 

closed Oct. 29, 2006. I put down $13,000.00 and moved into a 

beautiful home. We loved our home. In 2007 it was appraised at 

$240,000.00 THEN THE MARKET WENT SOUTH. My bank went belly 

up. National City Mortgage . It was then bought by Bank Of America, 

who promptly sold it to PNC. Next PNC sold it to Saxon Mortgage, 

Who in turn sold it to Kandour. Who then Bundled it, and sold it to a 

company of private investor's  out of Colorado.

I worked for the Chicago Transit Authority who laid off 1500 drivers 

in Jan. 2010. I was blessed to keep my job, but our hours 

were cut. I went after a refi and was blessed to get a closing date.

but as things would go, I was set to close on that Friday Sept. 19,

2008  and the Monday before  on Sept. 15, 2008   Lehman Brother 

went belly-up. The whole credit and Financial worlds collided & the   

markets dried up and they cancelled my closing. Talking about being

between a rock and a hard place. Man I thought I would lose my 

mind. I tried to get a modified loan and could not. NACA fought 

for me, but the day before my house was to sell a caseworker called 

almost crying, (WE WERE CRYING), saying they were sorry, but they 

could not save my home. 

( I found out why the Obama plan, and most loan modifications 

don't work . The big banks bundle and sell our mortgages to small 

investor's who are not required by government to do loan 

modifications, because they took no bail-out monies.) So they have 

no restraint to foreclose.

I have since learned of several ways to stop them. Just one of the 

ways would have saved my home.I can't even begin to tell you how 

much HELL my family went threw. My wife is very sick now from this 

experience. I don't want anyone to go threw what we did. Please 

check the record My Address was 6429 S. Honore st. Chicago, Illinois 

60636 . I didn't tell you the worst of it. My home lost its value From 

$240,000.00 to the last 2 CMA's were $9,400.00 and $10,000.00. 

Believe it, I said Nine Thousand four hundred dollars. My taxes went 

up this year to $4,200 a year. ARE YOU KIDDING ME. Do you know 

they refused to do the loan modification for $67,000.00. Greed at it's 

purest form. I have provided a link for you to consider. IF I WOULD 

HAVE KNOWN BEFORE I GAVE THEM MY KEYS I WOULD STILL BE IN MY 

HOUSE! Take a look! Get the information and give them a FIGHT. 

Save Your Home. GOD BLESS YOU! I HOPE YOU KEEP YOUR HOME! 

2014 Foreclosure Stats

 Were you aware under the new rules, REGULATION X which 

became 

effective Jan. 01, 2014 , at any time during the life of the loan,

a borrower facing foreclosure, could now challenge the QM

status of their loan. The borrower could claim that things were

not done correctly and that they didn't have the ability to repay

the loan.  He or she could be granted an injunction against the

foreclosure, and could receive up to three years interest, which

could be offset against his or her indebtedness.

I Highly recommend Clicking the link below for some amazing information to help you.

 Click Here! 

Foreclosure Process

Foreclosure Process State by State

FORECLOSURE PROCESS BY STATE

           ^Click The Link Above To See Your States Process ^

BEEN A WHILE

I Just want to encourage everyone that is battling Foreclosure. Keep up the fight for your Home.And If you are in the Casper, Wyoming area and about to lose your home. Send me an e-mail @ damccctrimm@yahoo.com, I have some solutions that will help you keep your home, or get out from under it with your Credit and Good Name Intact.  

             

How's Everybody Doing?

Just a short note to encourage U. Continue to fight for your home. You are not in the fight alone. By the Grace of God He will bring you threw. You can make it. I know sometimes this statement sounds cheap while U are in the middle of the battle. But I am praying for you. For he alone has the power to Turn It Around.
 Remember there are loans to help U.



Click on the link SAVE YOUR HOME for more information

HOME LOANS AVAILABLE TO SAVE YOUR HOMES

Home Loans Available To You, and Other Loans Also.

My Personal Experience With Foreclosure...... Read more

Hello Everyone. I thought I would post this info on the blog. I have found a great source of funding for home loans. Doesn't matter what you situation is. You can get funded.You heard me right, THERE IS MONEY TO HELP YOU.

                 With the country going in the direction of halting foreclosures while they investigate, why not use this time to get the much need funds to become current. Click on the link:

Okay Let's Talk About What No One Really Want To Say Out Loud.  What is that you say?

I Need Money- Money- Money

Let me ask you a very important question !!!!!!!!!!

Do you have a situation in your financial world right ????

I know you got here because of  a possible foreclosure, but are you

In need of a car? Behind on your mortgage? Bills, Bills, Bills

Credit card debt. Just to name a few.  You don't want to miss this page.

Go to All Solutions Network see how It can be a help to you.

 

                   

Racial predatory loans fueled U.S. housing crisis.

This article was posted on the Wall Street Journal that I think would be of great value.Check it out Charles T.


By Nick Carey


CHICAGO (Reuters) - Predatory lending aimed at racially segregated minority neighborhoods led to mass foreclosures that fueled the U.S. housing crisis, according to a new study published in the American Sociological Review.
Predatory lending typically refers to loans that carry unreasonable fees, interest rates and payment requirements.
Poorer minority areas became a focus of these practices in the 1990s with the growth of mortgage-backed securities, which enabled lenders to pool low- and high-risk loans to sell on the secondary market, Professor Douglas Massey of the Woodrow Wilson School of Public and International Affairs at Princeton University and PhD candidate Jacob Rugh, said in their study.
The financial institutions likely to be found in minority areas tended to be predatory -- pawn shops, payday lenders and check cashing services that "charge high fees and usurious rates of interest," they said in the study.
"By definition, segregation creates minority dominant neighborhoods, which, given the legacy of redlining and institutional discrimination, continue to be underserved by mainstream financial institutions," the study says.
Redlining is the practice of denying or increasing the cost of services, such as banking and insurance, to residents in specific areas, often based on race.
The U.S. economy is still struggling with the effects of its longest recession since the 1930s, which was triggered in large part by the housing crisis, which was in part triggered by the crash of the subprime loan market.
Subprime lending refers to loans made to consumers with poor credit and others considered higher risk. They tend to have a higher interest rate than traditional loans.
The study, which used data from the 100 largest U.S. metropolitan areas, found that living in a predominantly African-American area, and to a lesser extent Hispanic area, were "powerful predictors of foreclosures" in the nation.
Even African-Americans with similar credit profiles and down-payment ratios to white borrowers were more likely to receive subprime loans, according to the study.
"As a result, from 1993 to 2000, the share of subprime mortgages going to households in minority neighborhoods rose from 2 to 18 percent," Massey and Rugh said.
They said the U.S. Civil Rights Act should be amended to create mechanisms that would uncover discrimination and penalize those who discriminated against minority borrowers.
The study is published in the October issue of the journal.
(Editing by Paul Simao)

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