Extra: "Save the Dream" events
April 3, 2011 5:00 PM
Bruce Marks, founder and CEO of the nonprofit Neighborhood Assistance Corporation of America talks to Scott Pelley about his "Save the Dream" events and how foreclosures are causing a crisis in America.
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Tell us you heard about us through this CNS News comment thread and go right to the top of the line for service!
So if it walks like a piggy, talks like a piggy, by golly it's a PIGGY!
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WHERE IS MY LOAN MODIFICATION BANK OF DESTROYING AMERICA!
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BofA and it's CEO Brian Moynihan reminds me of that song by John Lennon and George Harrison titled "Piggies" I invite you to listen to this song on youtube and see if it appropriately fits.
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http://www.youtube.com/watch?v=ovD9rTzs2q4&feature=player_embedded
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Have you seen the little piggies
Crawling in the dirt
And for all the little piggies
Life is getting worse
Always having dirt to play around in.
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Have you seen the bigger piggies
In their starched white shirts
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in.
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In their ties with all their backing
They don't care what goes on around
In their eyes there's something lacking
What they need's a damn good whacking.
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Everywhere there's lots of piggies
Living piggy lives
You can see them out for dinner
With their piggy wives
Clutching forks and knives to eat their bacon.
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When I filed my lawsuit against Bank of America, I thought of the many others out there in the same situation. It was then that we decided to educate the public on what these piggy banks are doing, as well as unite us all together as one voice. Please help me turn this David vs. Goliath modification process, into a Goliath vs. Goliath.
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Please stand with me and Brookstone Law Firm, and send an email to Bank of Abusing America that states that we will no longer tolerate their potentially illegal, fraudulent, irregular and abusive business methods.
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So please send your email directly to Bank of America and include the following:
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1. Your name
2. Your complaint concerning your experience with Bank of America.
3. Please end your email "I support John Wright vs. BofA Lawsuit!"
4. Please send a copy of your email to piggybankblog@earthlink.net
5. Please send your email to BofA CEO Brian Moynihan:
brian.t.moynihan@bankofamerica.com
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I HAVE HAD ENOUGH AND I AM FIGHTING BACK!
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I have created piggybankblog.com for all of those who have been abused by Bank of Destroying Americas potentially irregular, fraudulent and simply abusive home loan modification process.
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Divided we might have fell America. UNITED WE MUST STAND!
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http://www.youtube.com/watch?v=PoOJMr7OJ0s
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My name is John Wright AND I AM FIGHTING BACK!
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John Wright
piggybankblog.com
America stop spending in other countries, focus in your people that is suffering all the consequences of those actions, if the middle eastens want to kill each other, like they had being doing it for long time ago, is their choice, stop sending money to countries that suffered disasters, because that money never is deliver to proper hands, check Haiti, Chile, etc. They still living roofless, foodless and clothless, where is all the money??? People of America don't get fooled again, think before you give.
Ciao
I purchased my home in June 2007 with Nationpoint as my lender. My loan is an 80/20...with the first loan at an interest of 9.05% and my second loan at 13.1%. This is a condominium with a monthly association fee of $187.
I attended one of the "Save The Dream" events, met with one of their counselors, filed the appropriate paperwork initially February 2010, was asked to refile March 2010, asked to refile April 2010 and it was pretty much every month sending via email and or faxing at least 72 to 100 pages of information, documentation for the past five years including bank statements and such. With over a year of working with this institution my loan was sold to Bank of America where then the "Save The Dream" wanted me to resubmit all documents for the reason that my mortgage had been assumed by another bank.
As of today, Bank of America has given me a forebearance until May 1st. I've continued to contact all parties concerning this assistance. I've even contacted government officials in Tennessee. All seem willing to assist me, but I'm still "floundering around" trying to get some kind of assistance.
I wanted to let folks know that "Save The Dream" aka NACA has done nothing to assist those folks that are self-employed and or anyone that has a high percentage mortgage. I'm not the only person, I've talked with a number of folks that attended these events and they are experiencing the same results. It seems that the "dream" of being an entrepreneur and the encouragement has been a "train-wreck" for all intensive purposes.
I hope that some kind of resolution can happen for those of us who continue to do the right thing - following up with lenders and mortgage companies.
- by josemedeiros007 April 4, 2011 1:51 PM EDT
- Thank God for the American News, and for this story! My home loan was with Norwest, who merged Wells Fargo. I owned the home for 15 years, and I never took out a second, or a home equity line of credit, and my request to refinance with Wells Fargo, so I could consolidate my car loan, credit card, and do repairs on my home, was denied in 2004, and I was transferred to their security department, as I was told it appeared as two loans were recorded on my property for the same amount. After explaining to them I only had one loan, and never took out two loans, they still denied my application for a refinance stating that I was unemployed and could not qualify. I also had a home breakin, where my safe and all my papers were stolen in 2004.
- Reply to this comment
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See all 14 CommentsIn 2009 my home that was worth about 700,000, with a loan balance of 216,000 was foreclosed on after I was told I was going to have a loan modification by Wells Fargo's Home loan department, I was served my eviction notice on Christmas Eve, and evicted by the Santa Clara County Sherifs office on New Years eve.
Today, I am still unemployed, homeless, and Wells Fargo wants me to file a claim for less then half my home equity. They also will not tell me why a Bank of America Vice President signed the foreclosure approval with First American Loan Star services when I never had a home loan with Bank of America. I am still waiting for the FBI to reply to my complaint I filed in person to investigate loan fraud.
My understanding of Sorbanes Oxley, is that fraudulent accounting practices are considered Criminal, and the executives at that banks are responsible.
Also such practice of setting up a company and out sourcing the dirty work, so the company can later file bankruptcy and be disolved, that way the company executives can use Plausible deniability, needs to be addressed by the Federal Courts. In my opinion, a company that uses a shady contractor, should be responsible for their actions.
Where is the justice in this world?
Jose F. Medeiros
http://www.linkedin.com/in/josemedeiros