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Archive for February 15th, 2008

Lookout distressed homeowners!  The government’s most recent scheme, blessed by the mortgage industry, may sound like a good idea, but after Benjamin Dover explains why biting on offers to fix your mortgage mess via “Project Lifeline” could be the biggest mistake you’ve made since you signed-the-line in the first place.  Find out how you could be waiving your rights to substantial financial awards and remedies if your lender violated your rights protected by two under-utilized federal laws: The Fair Housing & Truth In Lending Acts.  Dover will explain how the subprime mortgage world engaged in massive acts of fraud and misrepresentation and Predatory Lending practices since the late 20th century, and why you’d better not jump on offers to fix your mess until you know what your rights and alternatives are.  

Topics covered include: Ben Bernanke, Sheila Bair, President George Bush, HopeNow, Project Lifeline, Countrywide, Wells Fargo, CitiMortgage, Chase Home Finance, Washington Mutual and Bank of America, Consumer Credit Counseling Service, CCCS, credit counseling, counselors, debt collectors, ARMs, adjustable rate mortgages, workouts, recast, restructure, bankruptcy, foreclosure.   

(c) 2008 NowWhatDoYouDo.com  

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