| | Foreclosure Freeloaders?October 17, 2011 - Sylvia HeldrethSome delinquent mortgage holders are defying lenders and staying in their homes while living for free, sometimes for years. They have attorneys pleading their cases causing the lengthy foreclosure process to take even longer. Sometimes, banks are not pushing to go to foreclosure because they do not want to increase their inventory of repossessed homes. AARP recently reported, "Florida retiree C. Light is still holding on to his three-bedroom home in the scenic Gulf Coast community of Cape Coral, as well as a five-bedroom residence in the town of Bartow. It's been almost two years since he made a mortgage payment on either one." There are mixed feelings about those who aren't paying. Some are sympathetic to their neighbors' financial plight. Others see them as freeloaders who are working the system, an insult to the millions who are working hard to pay their mortgages on time. What do you think? Article Comments(5)SylviaHeldrethNov-16-11 1:03 PM Sorry to take so long to respond. I've been away from the Internet and only today saw the very interesting posts in response to my Foreclosure Freeloaders blog entry. Now I know the answer to "what do you think?" Thank you. keithkayeOct-28-11 6:55 AM I just happened to watch and saw the boys on The Factor trying to bail you out last nite. Stossel says, "the banks are good" and O'Reilly (referring to the mortgage fiasco) said, "There were no laws broken"; whatta bunch of hooey. All three of you are puppets for the Federal Reserve Bank. The differences between ya? The boys are waaay higher on the payoff scale and they KNOW they are lying but you, I think, don't have a clue as to what the crimes are that I refer to. keithkayeOct-25-11 9:53 AM You asked, "What do you think?" I thought, told you what I thought and asked you a question and you went South. Are you training for the B.A.R.? keithkayeOct-22-11 10:57 AM No comment, Ms. Hedreth? In bold letters you proclaim that “freeloaders” are involved in the foreclosure process and I countered your statement. Subsequently, you failed to respond and you remained silent. From about a bazillion sources I have learned that to be ‘silent’ or the ‘failure to respond’ equates to acquiescence, or agreement. In law you have agreed with my comments. It is universally understood that it is a crime to sell or obtain stolen property. And, it matters not that those involved in such frauds are banks or government agencies, it is still unlawful. The mortgages were predicated on fraud from the start; the foreclosures are fraudulent and the seizing of those properties constitutes fraud; that is fact. What might you want to say to those whose homes have been stolen from them? Are they still freeloaders?! keithkayeOct-21-11 5:03 PM The residential home mortgage system is nothing more than a Continuing Criminal Enterprise; otherwise referred to as R.I.C.O. violations. With proof of said criminal enterprise could it possibly be that some 'freeloaders' are merely exercising their Constitutional and equitable Rights to defend THEIR property? Get real Ms. Heldreth. Or better said, get TRUTHFUL. Post a Comment | in: News, Blogs & Events Web  |
