California Real Estate Fraud Report

This blog exists to educate law enforcement and consumers as to the kinds of real estate crimes being committed in the state of California. I assemble timely news reports of real estate fraud, mortgage fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams and elder financial fraud in order to spotlight real estate professionals and businesses who are being prosecuted for real estate crimes -Monique Bryher

09
Feb

Why banks don’t write (many) loan modifications

Here’s  a YouTube video by a couple of real estate professionals in Fairfield, California, whose business is called ThinkBigWorkSmall.

The Troubled Asset Relief Program, aka TARP, has been the biggest piece of corporate pork ever bestowed by both Republicans and Democrats, Congress and presidents alike, on the never-too-rich obscenely wealthy.

After watching this video, you will have an understanding of what the new math is and why the concept of loan modifications is a pure con perpetuated on the taxpayer by the cooperation of Wall Street and our elected leaders.

Click here to watch the Indymac / OneWest rip-off.

This entry was posted on Tuesday, February 9th, 2010 at 11:13 pm and is filed under Corporate Welfare, TARP (Troubled Asset Relief Program). Responses are currently closed, but you can trackback from your own site.

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© Copyright 2007-2010 Monique Bryher

Legal Disclaimer.

The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.