Are These the Banksters?
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.
Images of Thom
Mueller's favorite place to pray (written about in "Prophet's Way"), and the roof of the room where the Last Supper is reputed to have happened.
From Cracking the Code:
"No one communicates more thoughtfully or effectively on the radio airwaves than Thom Hartmann. He gets inside the arguments and helps people to think them through—to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
From The Thom Hartmann Reader:
"Right through the worst of the Bush years and into the present, Thom Hartmann has been one of the very few voices constantly willing to tell the truth. Rank him up there with Jon Stewart, Bill Moyers, and Paul Krugman for having the sheer persistent courage of his convictions."
From Screwed:
"The powers that be are running roughshod over the powers that OUGHT to be. Hartmann tells us what went wrong — and what you and I can do to help set American right again."
Countrywide and Bank of America are doing exactly what Goldman Sachs did - they also should be investigated. Here's why: I am losing two houses to foreclosure. They were my rental business and the market here in Michigan has more than crashed. My mortgages were with countrywide and now, Bank of America. I tried to re-work the mortgages before I lost my auto engineering job and the rental rates were dropping. Countrywide refused, stating that the property needed to be at least 4 payments behind. ..so when that happened, they still refused to work with me, losing paperwork sending dential letters...I found buyers for a short sale, bank of america dragged their feet and kept refusing things and asking for more and more info, after 7 months, buyers walked.
A few months ago, a mortgage insurance company called me and said that countrywide had insured the mortgages on both houses when I bought them. They asked if countrywide worked in good faith with me to re-write mortgages, - I told him no and asked him why. He told me that they had insured the mortgages and wanted their money. Countrywide was betting on them being a risky mortgage due to the market conditions and rental rates dropping. Isn't this what Goldman did? Shouldn't this be illegal also? Countrywide and bank of america are getting insurance for the full value of the foreclosed mortgages, while still going after me for 10 years and sending me a 1099 stating that I had that income - this is double dipping!
Short sales aren't happening easy around here and this explains it - it's because they already got their money - why should they take a lower amount of money for a short sale and agree to it? They get their mortgage insurance and also whatever the house auctions off for, without having to agree to sell at a lower value, which would probably negate their mortgage insurance.
They should be investigated with Goldman Sachs!