October 19, 2009
Foreclosure Rescue Fraud
As the foreclosure crisis continues to detriment many Americans, even more could now lose their homes due to a phony rescue loan company. Bill Whitaker reports from Woodland Hills, California.
Filed under Videos by on Oct 19th, 2009. 
Comments on Foreclosure Rescue Fraud
they shouldn’t be able to do this to people,
if she got scammed from a company,
this so called company that got paid,
should be sued and brought to court.
2:02. Did they say she was moving INTO HER CAR? God.
Maybe she should not have bought a house she could not afford.
you have to laugh, they are breaking her life over like no money at all. Meanwhile they let that guy steal 50b and he gets to keep it all and only gets house arrest.
All these financial crooks should be drawn and quartered
Austin. is. a. fucking. hamburgeler. god damnit.
jvfran2 the house was left to her by her parents.
Her house was inherited.
most people who have nice things are barely holding on to them and swimming in debt to hold them.They be more like her in 2009.
She is dumb.This is something a dumb person would do.
for me.. it’s stupid to have a loan in a untrusted and unpopular company.
“they’ve got you by the ba…” I am really not liking the news today!!!
About two years ago I went to a forclosure seminar. Well worth the $99 bucks. They taught how to do this but not in the shady way it was done here. She is stupid to have actually done this.
if they know who did it why don’t authorites do something? they sure will do something to take her home! is the world really as awful as it seems? this is just wrong.. they should be trying to find that thief who scammed her.. why arent they?
YES..AGREED.. can we help her? what can we as observers do?
she didn’t buy it, dope, she inherited it.
she didn’t make the greatest of decisions, but, that’s beside the point.
Perhaps people should buy RVs instead? At least with RVs you’re not paying property taxes all of the time like you are with houses, right?
Oh, ok. Well, that makes sense. Then…maybe she should not have taken out a loan against a house SHE put no equity into. What about inheritence tax? Death tax and all of those?
wow thats really sad
So true and now she’s crying the blues about a situation about which she had some control…caveat emptor
We are not getting the full story, it would not be interesting news. An investor can legally do this is the dumb ass homeowner signs off all certain paperwork.
please help ther foreclosing on my house
Huge red flag yes. But most loan modification companies do charge anywhere from $1400 to $4000 in up front fees. Yes you can try to talk to your lender, but they don’t always want to work with you. They will try to get the best deal for them. The best thing to do is get an attorney to do the loan mod for you. They will also look over your loan to make sure there aren’t any RESPA violations.
Not humorous by any means. Ignorant piece of shit.
Yes the world really is that awful. Society is rotten to the core.
I may have to finance something and pay interest on it for the first time in my life, but that is only to advance myself. Not to be flashy. People these days don’t want to live within their means in terms of material possessions. They want to buy on credit, enjoy it, and then die with debt and the companies know that. I say try to find joy in your life without buying a bunch of crap. It is not like it’s going to be sold at auction. More than likely it will be trash. Poor investment for the kids
Let no one fool you. President Barack Obama is a representative of the financial corporate aristocracy of our nation whose policies are designed to defend the wealth of the ruling corporate elite. Unfortunately, organized advocacy group’s like ACORN or Move On should get together and organize a huge monster demonstration against their beloved President on the same spot where they shouted with glee when he was sworn into office in Washington D.C.