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Chase Bank Steals Home From Struggling Musician.
07-12-2015, 12:21 PM
Post: #1
Chase Bank Steals Home From Struggling Musician.
As the banking crisis hit full swing, billions in bailout money was taken from the public and given to the banks while the customers of the banks were slowly robbed of their homes under the guise and promise of "refinancing".

Here is a description of how the process worked from a struggling musician who, along with his bride, lost everything including fan support because of what they did.


Quote:New life back in town. My wife, me, two large dogs and four cats crammed into her little house. Things were still heavy regarding our loss and would of course continue to be. She had lost her mom only a few years prior, about the time we started dating, but there was adventure to be found in our new domesticity. Neither of us had been married before and, despite the heartbreak of recent events, we were and remain very much in love. Later in the year she received a letter from her mortgage provider. Seems the government, in the wake of 2008’s banking meltdown and subsequent mortgage crisis wanted lenders to provide more affordable terms to ease the burden on underwater borrowers in the midst of the troubling downturn. Now my wife had never had any trouble paying the monthly note on her modest little home (in fact, we pay more now just to rent), but a subsequent phone call from Chase assured her that it was the prudent thing to do, it being offered, and that she could shave a couple hundred bucks off a month. Paperwork was signed and she was enrolled in the “trial period”. Turns out the “trial period” was a few months of her lender, Chase Bank, telling her NOT to send in her mortgage payment until the trial period was over and her paperwork was finalized. Sketchy, right? But this was a MAJOR bank and mortgage provider, not some fly-by-night firm. She sent her check every month anyways only to have it returned to her with some variation on the same letter about “trial periods” and modification enrollment. Then she got a letter telling her that she didn’t meet the criteria for mortgage modification (that she never asked for in the first place), but that lo and behold, Chase had their own mortgage modification plan that they were enrolling her in. A few more months of returned mortgage payments and vague paperwork and futile phone calls to a different “case manager” every time she called ensued until a new letter arrived informing her of foreclosure. Due to her mortgage not be paid for several months. The months they kept returning the checks to her during her “trial enrollment. Several WTF???’s were produced, and phone calls made only to be told that she needed to short-sell her house immediately for about $35K less than the note and just be on the hook for the rest. Look, times were tough, the banks had been bailed out but people were drowning everywhere. But Kate hadn’t been. She was completely above board. We finally got in contact with a retired mortgage lawyer, a friend of my parents, who told my wife this: walk away. Stop dealing or speaking with them at all. Stay in the house if you want, they are so inundated that it may take months or even a year or more to actually give you the boot, but don’t short-sell, don’t give them another dime. They, Chase, and all the others were thieves in the midst of perpetrating a massive land grab in order to shave the books and reset the bubble. It made no sense. She had done everything right. Why wasn’t this shit on the news? Plenty of stories of people underwater, trying to live beyond their means according to the assholes who sold them the mortgages at adjustable rates and packaged them up as Grade A shit to investors, but nothing about them actively deceiving and luring people into loan modifications and then willfully botching the terms and procedures. Subsequent Google searches revealed it was happening to tens, maybe hundreds of thousand others but no mention on the news until a couple of years later. People were absolutely burnt. No one went to jail. And there was nothing she could do. She was far too proud to stay and essentially be squatting in her own house. She was wrecked (along with her credit), worn out and ashamed, still reeling from the loss of her father. We began looking for a rent house that would lease to us and that we could afford, which would end up costing more than her mortgage did. I started working more bartending shifts. She did too, in addition to teaching, and we moved.

http://brentbest.com/letter-to-donors/

Yet the show goes on and years later Brent Best's album, "Your Dog, Champ", is finally due for release on August 7th.

How the banks were allowed to do this to people, I have no idea.

But it shows the level of corruption that is the American political system.

Anybody looking to help this particular musician out, I will post a link to the album preview below and bump it again later on when it is released.

http://brentbest.com/

"If you don't love all, you love no one" - Reverend Jesse Lee Peterson
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07-12-2015, 12:54 PM
Post: #2
RE: Chase Bank Steals Home From Struggling Musician.
They print the money, they make the rules.

It's unbelievable, but here we are.

come for the calo, stay for the yoshida brotha
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07-12-2015, 06:35 PM
Post: #3
RE: Chase Bank Steals Home From Struggling Musician.
debt slavery.

i actually think owning a home should be a right.

back in the day the caveman had a home or could claim some space or a tent.
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07-13-2015, 03:51 AM
Post: #4
RE: Chase Bank Steals Home From Struggling Musician.
Absolutely disgusting, but not exactly out of character for a firm that financed Hitler.

I guess it didn't matter whether we elected Clinton or Trump.
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07-13-2015, 08:21 AM
Post: #5
RE: Chase Bank Steals Home From Struggling Musician.
How them markets doing? Didn't NYSE shut down for almost a full day the other day? Hmmm, no one even seemed to notice.

How convenient.

come for the calo, stay for the yoshida brotha
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07-13-2015, 10:24 AM
Post: #6
RE: Chase Bank Steals Home From Struggling Musician.
Unfucking believable
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07-13-2015, 11:06 AM
Post: #7
RE: Chase Bank Steals Home From Struggling Musician.
they were pumping them collaterized debt obligations back then and need the avg. dupe to take out loans.

the whole thing crashed and tons of people went underwater

many ppl including people I know walked away from their homes
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07-13-2015, 12:14 PM
Post: #8
RE: Chase Bank Steals Home From Struggling Musician.
Western citizens attitudes towards their governments are like those little girls that get kidnapped and raped their whole life and end up loving and defending their oppressors.

You would think after making so many people homeless, at least a good portion of those families would be marching onto the White House/fed reserve/ bilderberg meeting etc.

Who knows? Maybe they're too busy with their gay marriage rallies.
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07-13-2015, 12:20 PM
Post: #9
RE: Chase Bank Steals Home From Struggling Musician.
^ stockholm syndrome.

the US elite are vicious but the citizens are pacified beyond belief.

protests no longer work. esp the way western people do it. they are more like parties or hippy get togethers.

you have to organize and boycott big business.

a week ban on hollywood films would send a great message. no facebook for 1 month would make them scared. very scared. that's where they doing "human computation" on the masses. they need you to be on that shit "speaking your mind"

you don't need to engage in anything violent. you need to organize and take effective action on a large scale. Boycotting is the best.

when the jews decided to boycott germany, Adolf got scared and initiated the transfer agreement and cooperated with the zionists on the palestine issue.
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07-13-2015, 04:13 PM
Post: #10
RE: Chase Bank Steals Home From Struggling Musician.
Most people are working and don't have time to protest. We have bills to pay. The hippies that protest weren't making a difference anyway. The only thing that will change this is when the economy fails and people go hungry.

--I Eat Grits--
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07-13-2015, 04:20 PM
Post: #11
RE: Chase Bank Steals Home From Struggling Musician.
^even that won't change anything as the masses will eat each other first before they touch the "elite"

even if they go after the elite they'll be hiding in their bunkers.

the only thing that can change the situation is a return to traditional christianity. it is the only thing that has been ever capable of holding the conspiracy the down.

the world's #1 thorn for the NWO is Putin's Christian Russia. we are in a spiritual war.. and a spiritual evil needs a spiritual antidote.
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07-13-2015, 04:25 PM
Post: #12
RE: Chase Bank Steals Home From Struggling Musician.
the other thing that can change the situation is if there is infighting within the elite and a portion of them take up the populist position to seize power from another group. this is traditionally how revolutions start.

it always starts from above.

the citizenry just need to be armed with knowledge to know who to back.

that is the most people can do at this point. Identify the real ones, and bash the fake ones.
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