IF YOU WERE FORECLOSED AFTER YOUR MONTHLY PAYMENT SUDDENLY JUMPED UP DRAMATICALLY, YOU WERE A VICTIM OF WHAT I CALL A CALENDAR ARM.
“Court business is a hell of a problem. It’s a good deal like politics. It asks for the highest type of men and women, and there’s nothing in it to attract the highest type of men and women. So we have to work with what we get...”
Paraphrasing of ― Raymond Chandler, The Lady in the Lake
CALENDAR ARMS: THE TYPE OF LOAN THAT CAUSED YOUR FORECLOSURE AND BROUGHT THE US ECONOMY TO ITS KNEES APPARENTLY IT WAS INTENTIONAL MORTGAGE FRAUD
 |
| by Danny Hammond |
The single largest cause of the 2008 meltdown was a home loan product that has been used for many years safely and effectively. That is until the bankers which control government and courts added a little time bomb that is estimated to have caused ten million families to lose their homes. If it was done intentionally and with design and forethought then every investment banker in America should be in prison. If it was an ignorant unintentional global screw up, then every banker in America should be in prison. It doesn’t matter if there was malicious intent or no malice was even present the result is the same. CONTINUING READING
GO TO THE BEGINNING OF THIS BLOG
