LUCRATIVE BUSINESS

Are you about to have your home foreclosed?
this is what Banks and Financia Institutions are doing to foreclose it.
Following are the steps some Mortgage and Loan Service Companies including banks, are utilizing to take away your property. (Golden Empire Morgage Corporation Example):
1. Golden Empire Mortgage Corporation place new clients into ARM mortgages (Not Fixed
Interest Rates) knowing that client will face problems to make the monthly payments when the first two years of fixed rate expires and the payment increases about $1,000.00 per month.
2. Within the first three months of making payments GMEC transfers the loan to America's Servicing Company to service the loan, BLOCKING ALL WAYS OF COMMUNICATION BETWEEN THE CLIENT and GMEC employees.
3. America's Servicing Company collects monthly payments from clients while awaiting for those clients to be in financial difficulties when the payment increases. Then the client is reported to the credit reporting agencies.
4. Once the client's credit is damaged, the client has no choice but to be caged to Golden Empire Morgage Corporation (please check the website for America's Servicing Company Complaints, you will find thirteen pages of complaints.
5. America's Servicing Co. denies all loan modification or rifinancing requests by the client, even when the clients is well qualified for it.
6. Golden Empire Morgage Corporation through its authorized agent NDEx West L.L.C. forces the situation to foreclose the property.
7. Foreclosed property is sold to DEUTSCHE BANK NATIONAL/TRUST COMPANY at a non-judicial foreclosure sale.
8. DEUTSCHE BANK NATIONAL CO. advertises foreclosed properties for sale (please check its website)
My Family home has been sold in a PREVENTABLE and FRAUDULENT foreclosure procedure by NDEx West L.L.C. to DUTSCHE BANK TRUST COMPANY AS TRUSTEE FOR MORGAN STANLEY ABS CAPITAL INC. reprsented by Attorney Grace Everitt at Los Angeles.

I hope this blog will help other families in the same situation to save your home and keep your family under a roof.