In foreclosure? Don't lose home without a fight

Ok everyone….here is another article published by Arizona Daily Star,
telling us about yet another program to help homeowners fight foreclosure. It is called the "Making Home Affordable Consumer Awareness and Education Forum". Here are some of the things it will do for the people that attend the forum as per the article’s description: The forum will have two sessions — Spanish in the morning and English in the afternoon — aimed at offering homeowners information about the "Making Home Affordable" federal program. Attendees can find out if they qualify for the program and what resources are available to help them keep their homes. The forum will offer detailed information but, unlike previous housing-related forums, counselors and loan servicers will not be available to do individual consultations with homeowners — although future appointments for individual help will be available. The "Making Home Affordable" program helps eligible homeowners refinance their loans so they can better manage their monthly payments. Part of the program applies to people with mortgages held by Fannie Mae or Freddie Mac. (Make an initial inquiry about your loan status at makinghomeaffordable.gov/ eligibility.html)
The federal program can also help homeowners who've had their income cut or are facing emergency financial circumstances — say large medical bills from an unexpected illness — or have seen their mortgage payment increase because of an interest-rate reset.
So as you can see, it is another government attempt to help homeowners fight foreclosure with the possible lender’s cooperation and the government playing to the lender’s good graces for help. Who are we kidding? There have been so many of these so-called programs and they all have failed miserably.
Here is the key folks: THE HOMEOWNER HAS TO QUALIFY! How the hell is the owner going to qualify when he was placed in a bad loan to begin with!
Why aren’t they coming out and tell us that they will make good on all the bad loans that they gave out to begin with, which by the way are the ones that are in default and have contributed to this crisis. It would fix things right away and get the economy on the way back. The banks will not do that because that would show that they are guilty of fraudulent activity, giving out toxic loans that were design to fail and never collect payments, because the lenders already got paid from selling them to the second market plus the insurance money they collected when they had taken out insurance on when the loans would fail. But instead the government is giving money to the banks and creating smoke and mirror effects to keep the homeowner under false assumptions and hopes. They are stealing our homes away from us. It is called “EQUITY STRIPPING”. They are taking our hard earned money either via a way of taking our homes or giving it back to the banks via bailout money. Bottom line is they lied to us before and they keep lying to us now! There is only one way to get financial justice and they know that and they fear it. Educate yourself, take the bastards to court and sue them for all the fraud they have done to us.

For the full article click here: http://www.azstarnet.com/business/305788