Got and register at me website: www.thestenchoftruth.com Get updates on radio show guests, original posts, and links to all of my blogs and more. Listen to my radio show on Fridays from 7 to 9PM Eastern (US) time on www.inceptionradionetwork.com The Stench of Truth (552).mp4 Despite the story circulating on the internet that said that Iceland was forgiving mortgage debt it is not quite like that. They are forgiving a great portion of underwater debt AND they are making banks refinance the debts at current value and in line with the ability to repay. The banks seem to have to eat this loss. AND this is under an IMF program, which amazes me. The IMF sucks and guts countries but in this case Iceland got at least one good thing out of it. What do we have in this shitbag country? Empty words of an empty suit. Mortgage modification if the bank feels like it. It’s about time the banks start paying for the economic collapse they caused.

THE LAW STATES: § 3-603. TENDER OF PAYMENT. • (b) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument and the tender is refused, there is discharge, to the extent of the amount of the tender, of the obligation of an indorser or accommodation party having a right of recourse with respect to the obligation to which the tender relates. Basically, the bank just gave him his house! cont.. WTF??? Part 2 3 4 below… COPS get called even OMG!!!! Origin: rpsomerton on Feb 3, 2012 And rest of his VIDS: 2- www.youtube.com 3- www.youtube.com 4- www.youtube.com Thanks to: larrabeeg on Feb 4, 2012 For bringing this to our attention! SOURCE: rpsomerton on Feb 3, 2012 Feb 3 2012 Bank of America Lakeport, Ca. I attempted to make a cash payment on our mortgage, the manager refused to take the cash saying it was against bank policy. I was shocked, had no idea this would happen, since when does a bank not accept cash… Right! When I protested, the manager called the Lakeport poilce dept. After being detained for about 1/2 hour and nearly arrested for shooting video inside the bank the cops decided to let me go. The BofA manager made a complaint against me and had the cops inform me that I am “no longer welcome inside the Lakeport branch of Bank of America.” Also that if I “ever attempted to enter the branch again I WILL be arrested!” So apparently Bank of America DOES NOT accept American cash dollars as a form of payment on …

Understanding how mortgage interest rates are quoted

On October 12, 2010, Wei Jiang, professor of finance and economics at Columbia Business School, presented Are Mortgage Banks Villains or Victims? The presentation was part of the Program for Financial Studies’ No Free Lunch Seminar Series. The October 12 event was centered on Current Research about Financial Institutions. The Program for Financial Studies’ No Free Lunch Seminar Series provides broader community access to Columbia Business School faculty research. At each seminar, attended by invited MBA and PhD students, faculty members introduce their current research within an informal lunch setting. Learn more at www4.gsb.columbia.edu

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Most of the mortgage companys I have tryed will not give me a mortgage because I have a credit score under 400. They say they will not help anyone with out having a credit score over 500.

I have a fourclouser on my credit and a really old credit card bill that I refuse to pay. Other then that every thing else on my credit report has been paid. Some late some on time.

I have tryed every mortgage company on line and the bank in my town.

I DO NOT want to get a credit card to ‘fix’ my credit history. I have had those and I do not do well with them. Or a store card either. Or a gas card.

I think things will stay on my credit report for up to ten years but I would like to know if there is a mortgage out there that will give me a mortgage now. Yes I have thought about rent.
Adam.. What is a a self certify, tracker based mortgage ?
ok OPEN:
Why jump all over me. I was just asking for help. I DO NOT THINK I KNOW IT ALL.

YES I have had a credit card and I have come to learn that I do NOT need one. I have a debit card Visa card and that is ALL i need.

How can I fix my credit with out findone someone to help me out. Things happen, I am NOT the only one that has gotten in this postion.
I want to respond to why I refuse to pay off the credit card that is on my credit report. I had a credit limit of 300$ It got up that high and I decided that I did not need it any more so I canceled it.

Come to find out a few months of ‘paying’ on it to pay it off the credit card co. was still charging ‘finance fees’ to it. after talking to them they informed me they could not completly cancel it untill it was at 0.

I told them the reason I canceled it was cause I could not affored it. To add charges to it would not help me pay it off.

I have spoke to other credit card co and have been told they can stop charging to it it they want.

The credit card bill has gone from 350$ to over 15 hundred dollars.

Pride or not I find this unprofessional and rude and that is why I refuse to pay it.

If they would agree I would pay the original 350$ if they would take off the rest of the ‘Charges’