Let my story serve as a harbinger of what it means to be completely engaged and alerted to this old worn out narrative of how ignornat the consumer is of economic processes, that you have people literally throwing caution to the wind when considering on investing their scarce and precious resources in real estate. No!!! That is absolutely not true. In fact, they are very serious and thoughtful about the future outcomes. It is the bankers business model in practices that we see on display and can explain these horrific outcomes , wherein  they spend countless hours of their management core to devise nefarious techniques and practices to commit fraud, where they intentionally use deception that they knowing will prove difficult to detect unless exceptional efforts are made to uncover them, where the fraud is cloaked in government regulation in direct contradiction to other juxtaposed regulations meant to protect consumers from the entanglement of fraudulent practices. In conclusion, it is the consumer that is the victim here, plain and simple!!! We must fight the forces behind this mass assault on the consumer, now!

Although BOA was unwilling to engage in workout discussions, it initiated and pursued a foreclosure of my home.  Specifically, my 12 year old daughter discovered a letter dated November 14, 2008 from BOA’s attorneys Orlans Moran, tucked under my front mat informing me that BOA was pursuing foreclosure.  Imagine my frustration when I received form foreclosure documents at the same time BOA refused to communicate with me.  More communications with BOA resulted in the request that we once again submit the documents that had been previously provided.  But we still received no meaningful response from BOA.

I further advised him that I knew nothing of my original workout being canceled and that there was a new workout submitted as indicated on the notes he read in my file.  Also when I spoke to Brandy Davis from Tennessee on September 29, 2010, she stated that I would be charged a fee of $20.00 for making the payment by phone.  I said I was never charged a fee when I made my payments by phone before, she said, “Oh, that’s right, there is not a fee for people who are in the modification trail payment period”.  I have all of my bank statements showing that no fee was ever deducted because each month the Representative from the Modification Department knew I was in a trial payment , up until this last month when I called on September 29, 2010.

Now, we've been asked to re-apply for the HAMP program, re-submit income documents, proof of occupancy, profit and loss statement since I am self- employed, pay-stubs for my wife, and in the meantime my payment is unaffordable and I am forced to go into default again. They say the banks dont want your house, and it costs them to foreclose on your home and they loose money. What a joke! Homeowners like myself all across this country are being forced out of their home.

One day, I placed a call to GMAC’s customer service and their representative "Mary" assisted us.  With me on one phone and my husband on the other and a tape recorder running, Mary informed us that we were never submitted to anyone...so there was no denial!  Conveniently, she did state that they had received the paperwork that we had faxed, but it was dated the 29th--the day after the foreclosure.  We knew that we provided this on the 27th and objected--Why then did we receive a denial?  Still, Mary insisted that "everything is in the computer...and there were no submissions or denials".  We were devastated…and stunned.