Tuesday, May 18, 2010
Senator Al Franken (D-Minnesota), who in my opinion should be wearing a cape to work every day, introduced an amendment to the Financial Reform Bill that would create an Office of Homeowner Advocate to assist homeowners who have been denied a loan modification through HAMP.
The Franken Homeowner Advocate Amendment, according to the press release, would be funded from existing sources and its focus would be to assist homeowners who believe their mortgage servicer is breaking the rules.
Click here to go to Shame the Banks and read the rest of this very important, call to action article for homeowners in fear of losing their homes by Richard Zombeck.
Article by Richard Zombeck.
Posted using ShareThis
Saturday, May 15, 2010
Perplexed people are popping up peeved and pissed off at Chase Bank. It seems the people that get the most pissed off are the ones that appear to have good credit card paying habits and receive some sort of "punishment" from Chase. It appears that either their interest rates are raised, or their credit card line is dropped.
Is that what it takes to get the "economy going again", Chase Bank shifting their credit lines from people who are responsible with their monthly payments to those that Chase Bank hope's will make a mistake and pay a seriously wrong rate of 29.99%?