Stop the Eviction of Jennifer Britt in Rosedale Park!

[Occurrence]

This is why I encourage everyone who is under on their homes to walk away [[and scrap out all the metal too. That's going to be the banks problem).

[belleislerunner]

If this particular housing siutation bothers you so much, why don't you just drive 15 minutes and protest outside of Flagstar's HQ. The decisions on "loan modifications" are made in Troy. Would seem to be a little more productive.

[Lowell]

If this particular housing siutation bothers you so much, why don't you just drive 15 minutes and protest outside of Flagstar's HQ. The decisions on "loan modifications" are made in Troy. Would seem to be a little more productive.

Maybe that is what you should do, but I agree the location of the protest. It invigorates and involves the neighborhood that will be affected. A protest in Troy would merely draw yawns from passerby's who would know nothing of the personal story and guffaws from the banksters who could care less.

Also not sure if you have driven to Troy lately, but from that neighborhood, it is at leaset a half hour to Troy with all the construction and heavy traffic.

[belleislerunner]

Maybe that is what you should do, but I agree the location of the protest. It invigorates and involves the neighborhood that will be affected. A protest in Troy would merely draw yawns from passerby's who would know nothing of the personal story and guffaws from the banksters who could care less.

Also not sure if you have driven to Troy lately, but from that neighborhood, it is at leaset a half hour to Troy with all the construction and heavy traffic.

I don't agree with the protest. Adults signed a legally binding contract. Adults no longer wish to fulfill their end of the contract but wish to be absolved of the consequences of their inaction. I encourage accountability.

[Cincinnati_Kid]

I don't agree with the protest. Adults signed a legally binding contract. Adults no longer wish to fulfill their end of the contract but wish to be absolved of the consequences of their inaction. I encourage accountability.

Did you READ the story? Her Husband died in 06, she exhausted her benefits trying to keep up with the payments. Flagstar surely knew her dilemma, but they refused to work with her. This movie gets played over and over in this country by callous, cold-hearted and greedy banks and mortgage companies, that only see a $$ sign. Now if she were able to control her situation, that's one thing. It's just wrong for people to lose their homes over unforseen tragedies like health problems, job loss or death of a spouse.

[Shollin]

Did you READ the story? Her Husband died in 06, she exhausted her benefits trying to keep up with the payments. Flagstar surely knew her dilemma, but they refused to work with her. This movie gets played over and over in this country by callous, cold-hearted and greedy banks and mortgage companies, that only see a $$ sign. Now if she were able to control her situation, that's one thing. It's just wrong for people to lose their homes over unforseen tragedies like health problems, job loss or death of a spouse.

Her spouse could've had a credit life policy added to the account at any time. Her documents state she is responsible for the loan. Flagstar is a servicer. They are still bound by the investor requirements of Fannie Mae, Freddy Mac, FHA etc. If companies can just wipe away debt because someone passed, there would be no need for life insurance policies.

[DetroiterOnTheWestCoast]

Her spouse could've had a credit life policy added to the account at any time. Her documents state she is responsible for the loan. Flagstar is a servicer. They are still bound by the investor requirements of Fannie Mae, Freddy Mac, FHA etc. If companies can just wipe away debt because someone passed, there would be no need for life insurance policies.

Won't the debt be wiped away when Flagstar forecloses and sells the house for less than SWS is offering, after the house sits vacant and might be scrapped? ? If SWS is offering the appraised value, who will pay more than that? Won't the bank be responsible for the taxes after foreclosure? Despite the "bankerspeak" blaming the victim for not having a credit life policy, how is the foreclosure in ANYONE'S interest?

[Cincinnati_Kid]

Her spouse could've had a credit life policy added to the account at any time. Her documents state she is responsible for the loan. Flagstar is a servicer. They are still bound by the investor requirements of Fannie Mae, Freddy Mac, FHA etc. If companies can just wipe away debt because someone passed, there would be no need for life insurance policies.

I understand all of that. But flip the script and let that same scenerio happen to you or someone that you know. What will your stance be then?