Op-Ed Friday: "You Are Entitled To Getting Your Terms Reduced"

It’s Friday, and I don’t know which new/old housing bill this is supposed to be from, but apparently I missed it:

With the new housing bill which passed last year, YOU ARE ENTITLED TO GETTING YOUR TERMS REDUCED in order to lower your payments.

YOUR LENDER HAS TO GIVE YOU UP TO 80% of the potential loss on your home! WE FORCE THE BANK TO OBEY THE LAW. The bank does not want you to know this.

THEY HAVE THEIR OWN BEST INTEREST IN MIND, NOT YOURS! When you call your lender, their job is to get as much money out of you as possible. Whatever small amount they are readily willing to offer you, THEY HAVE A LOT MORE ROOM TO OFFER! The only way to enforce the law is with an attorney, not with a "negotiating company."

XXXXXXXXXX, attorney at law, has legal avenues and aggressive methods in order to MAXIMIZE YOUR SAVINGS. This is CHEAPER THAN REFINANCING! Take advantage of this and START SAVING TODAY

I’m hoping people ignore this ad in droves, but there’s a lot out there that we shouldn’t ignore.  What links, stories, etc. are out there that should be discussed or added to the sidebar?  This is an open thread, so grab your soapbox!

 

Related Posts

  1. Bankers Reduced To Flying Coach (October 21, 2008)
    Tagged
  2. "Use Our Proven Method To Walk Away" (January 30, 2008)
    Tagged ,
  3. Workouts AFTER Foreclosure (June 4, 2008)
    Tagged
  4. Op-Ed Friday: Get My Wife A Visa, I'll Buy Your Million Dollar House (March 7, 2008)
    Tagged ,
  5. Op-Ed Friday: From Housing Bubble To "Economy-Related Riots"? (December 19, 2008)
    Tagged in Phoenix Market

Written by

More posts by:

5 Comments for this entry

  1. AZSALUKI says:

    it sounds just like the credit card debt commercial i keep hearing on the radio. “we have secret strategies that the credit card companies don’t want you to know about. call us at……” “secret strategies” LOL!!!

  2. twist says:

    AZSaluki-

    They are working off the assumption that “There’s a sucker born every minute.”

    It’s a safe assumption.

  3. Tim Manni says:

    This ad is playing off the theme of the past two housing bills: entitlement. I’ve heard a lot of sentiment regarding the new opportunity for fraud being brought on by the latest housing rescue bill. Not only are there ads like these, but the claus in part 2 of the executive summary states “Servicers will receive an up-front fee of $1,000 for each eligible mod.” Is anyone else worried about this?

    Thanks,
    Tim Manni

  4. zazzu says:

    Sometimes, I wish I could set aside any sense of decency I have and pull stuff like this on unsuspecting fools. The same folks who got duped by all those crooked mortgage brokers are the same ones who’ll fall for this trap? There’s some real money to be made off the sheeples’ stupidity.

    Then again, I pay my bills (and taxes) on time and don’t seek handouts. That just makes me a different kind of fool.

    We should brace ourselves for a lot more of this sort of thing.

  5. Keith says:

    “There’s a sucker born every minute” is a very conservative estimate.

Comments are now closed.