Troisky Blog

We should post 1 of these on Fannie Mae and Freddie Mac

So here's a nice way the big banks are trying to fix and cover up things after everything has gone bust.  They should have done this in the beginning and allow homeowners who are serious about keeping their homes.

Now, because of the fear of lawsuits and angry homeowners, the big banks are trying to give you some "hush-hush" money so the consumers who have lost their homes to stupid bank regulations and greed can stay quiet.

I am definitely not suggesting that it isn't partly the homeowners fault as well, but the big banks and the government should have known better than to put big corporations (non-profit they call them?) like Fannie Mae and Freddie Mac as the entities to be responsible for oversight and then give them 100s of billions of dollars for bail out money and they STILL are messing up!

Come on, guys.  Shame on you and stop taking those multi-million dollar bonus checks like you deserve them (those bonuses are happening, even today, for Fannie Mae, Freddie Mac, and the big Banks).  That's just crazy!

My brother sent this email over to me.  Hopefully it will help some of you:

The government recently agreed on a 26 billion dollar settlement with 5 major US banks over mortgage relief. I don't know who qualifies, but you may be eligible for principal reduction, refinancing, or otherwise. The hotlines each bank setup to see if you qualify are below as well as the article:

Ally/GMAC: 800-766-4622
Bank of America: 877-488-7814
Citi: 866-272-4749
JPMorgan Chase: 866-372-6901
Wells Fargo: 800-288-3212


http://www.washingtonpost.com/blogs/where-we-live/post/what-does-the-foreclosure-settlement-mean-for-you/2012/02/09/gIQAxE9U1Q_blog.html?hpid=z1



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