Comments on: Many Homeowners in Foreclosure Believe in Magic http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/ The Truth Report: Sharing my discovery of the truth Tue, 20 Oct 2009 20:41:28 +0000 http://wordpress.com/ hourly 1 By: Eric http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/#comment-60 Eric Fri, 13 Jun 2008 00:33:45 +0000 http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/#comment-60 Actually I've known several independent foreclosure assistants and investors who do exactly what they agree to and save people's credit and finances. The reality is that foreclosure can stopped because the processes most commonly used by bank trustees exploit loopholes in the laws rather than being fully legitimate. They use these loopholes because otherwise foreclosure would take them years sometimes and that wouldn't be good for profit. When someone actively stonewalls those loopholes most banks don't even know how to follow the lawful process anymore and because of their lack of understand often they don't even retain possession of the original promissory note, without which their mortgage is meaningless. There are a lot of scammers in every field - lending and banking not least of all - but not everything is a scam. Actually I’ve known several independent foreclosure assistants and investors who do exactly what they agree to and save people’s credit and finances. The reality is that foreclosure can stopped because the processes most commonly used by bank trustees exploit loopholes in the laws rather than being fully legitimate. They use these loopholes because otherwise foreclosure would take them years sometimes and that wouldn’t be good for profit. When someone actively stonewalls those loopholes most banks don’t even know how to follow the lawful process anymore and because of their lack of understand often they don’t even retain possession of the original promissory note, without which their mortgage is meaningless.

There are a lot of scammers in every field – lending and banking not least of all – but not everything is a scam.

]]> By: debt collection agency http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/#comment-57 debt collection agency Tue, 19 Feb 2008 00:39:38 +0000 http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/#comment-57 I wanted to take time to thank you for this interesting article. I found it to be very helpful as I can relate to it. I look forward to you writing again in the future. I wanted to take time to thank you for this interesting article. I found it to be very helpful as I can relate to it. I look forward to you writing again in the future.

]]> By: Troy http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/#comment-55 Troy Mon, 28 Jan 2008 01:22:49 +0000 http://juliomartinezclark.wordpress.com/2007/12/21/many-homeowners-in-foreclosure-believe-in-magic/#comment-55 Thank you for taking the time to write this blog. I found this to be very helpful. The information was good and look forward to you writing in the future. Thanks again. Thank you for taking the time to write this blog. I found this to be very helpful. The information was good and look forward to you writing in the future. Thanks again.

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