Foreclosure scam, real estate scam Pt 1 of 2

This video is from the show Open House on CNN. Homeowners in trouble facing short sale or foreclosure should be careful when answering to unsolicited mail, phone calls or emails. A HUD representative and a legal services representatives explain what homeowners should watch out for and what to do.

More info at:

sccrealestateuncensored.com/2007/foreclosure-scam/

micasamidinero.com/2007/foreclosure-fraude/

Duration : 0:4:51


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25 Responses to “Foreclosure scam, real estate scam Pt 1 of 2”

  1. 407buddy Says:

    The Fed and Gov’t ( …
    The Fed and Gov’t (Data) are lies and frauds in bed with the Blankfein’s
    of WallStreet, manipulating the global fiat money system, cdo’s, sdr’s
    high frequency trading, flash orders, naked short selling, on and on
    Unions busted, Jobs exported, labor de-valued to Zero and screw you into debt
    FICO scores a scam to enslave you into debt, ACT NOW, walk away from your
    CC cards and (underwater) mortgage, insurance policies a scam, cancel them
    Take the red pill. Don’t be sheeple. Fight back!

  2. MrTabby5000 Says:

    have you ever read …
    have you ever read and understand mortgage contract?You need to pay a lawyer to convert it to laymans terms.

  3. MissOutlier Says:

    they didn’t read …
    they didn’t read the contract properly. It was their own fault. At least this will save some people from making stupid mistakes, like not getting a lawyer to read a contract.

  4. billjesusgates Says:

    tough luck, old man.
    tough luck, old man.

  5. billjesusgates Says:

    fuck you, feldman!
    you, feldman!

  6. Exposed2468 Says:

    If you want to lose …
    If you want to lose your home, go to Steven Craig Feldman/Feldman Law Center.
    If you want to be scammed, contact Feldman Law Center.
    If you want to get charged thousands of dollars for nothing, contact Steven Craig Feldman.
    If you want someone to lie to you, contact Steven Craig Feldman.

  7. Siconify Says:

    Everything is a …
    Everything is a fraud….and i feel sorry for people who all fall for it…

  8. Anothercoilgun Says:

    Business as usual. …
    Business as usual. You are a renter if you are in remittance.

  9. unytcommsys Says:

    Why I trust myself …
    Why I trust myself more than any other person. For if you fail you have nobody to blame but yourself.

  10. flagship21 Says:

    what a scumbag
    what a scumbag

  11. 5yearplan1 Says:

    I paid a law firm …
    I paid a law firm $3000 up front to modify my loan. I gave them all the paperwork, they have passed my paperwork around to 5 different people and still nothing is getting done. I just found out today that my lender has sent me a default letter. They intend to foreclose on my home and I am out of $3000 for what? I got fucked, I want to die.

  12. goma3 Says:

    Read contracts, …
    Read contracts, people! If you can’t understand it, contact your lawyer before you sign ANYTHING. Going into this life without reading the most important paperwork in your life will get you to cost triple! Tell your kids to be friendly and all, but tell them to always read everything that they have to sign.

  13. sickwiththetruth Says:

    This guy should …
    This guy should burn in for what he did to this poor couple. So sad.

  14. scamfighter100 Says:

    Steven Craig …
    Steven Craig Feldman, founder of the Feldman (rip-off) Law Center, is a deadbeat dad.

  15. scamfighter100 Says:

    Feldman Law Center …
    Feldman Law Center is a big scam!!!!!!

    Steven Craig Feldman is a dead beat dad and a scam artist!!!

  16. scamfighter100 Says:

    Feldman Law Center …
    Feldman Law Center is a scam. Steven Craig Feldman has a very bad record. Check out his law record with the California State Bar. Also, compair his record to good laywers. His license has been suspended for reasons that demonstrate he is a deadbeat and irresponsible. You can not trust this snake!

  17. MiCasaMiDinero Says:

    State of Nevada has …
    State of Nevada has state laws prohibiting fees being charged up front for foreclosure assistance. According to NRS 645F.400, foreclosure consultants cannot charge a fee before they have performed the services promised at the point of contact.

    According to NRS 598.741, companies providing counseling or assistance to a person for a loan modification should be registered with Consumer Affairs in the State of Nevada. If your company FHLM is actually a company, is it registered in Nevada?

  18. MiCasaMiDinero Says:

    Based on this info, …
    Based on this info, would it be correct to say that you, Louie Frias of First Federal Realty, and Robert Wilmer of TerraSpec Holdings, are two real estate agents in the state of Nevada who has teamed up with an attorney to do the loan modifications?

    If so, who receives the $3,500 fee you company charges? Is it you, your partner, or the attorney you guys work with? Or do you guys split that fee between all of you?

  19. MiCasaMiDinero Says:

    Mr LouieFrias (user …
    Mr LouieFrias (user name)

    I took down your message because you are spamming my videos and my blog posts. And since you did not respond to my previous questions, I will ask them again:
    On your website you state The founders of FederalHomeLoanMods(.)com are real estate licensees and not attorneys. You also state our attorneys focus on removing any past due balances and late charges etc. at the time of the loan modification.

  20. 2on185 Says:

    I work for a loan …
    I work for a loan modification company that really helps people. IF your dumb enough to sign a contract with out reading it that says your signing over the deed and your a renter your a moron anyway…look into every companies bbb rating before you do business with them. My company for instance has an A rating the only Loan Mod company in the country that has one. Be weary!!! but one bad apple doesnt ruin the bunch. There are places that are really helping people!!!!

  21. isisqueenafrika Says:

    Stay away from …
    Stay away from Feldman Law Center!!!!

  22. bigdaddydylan Says:

    The Bank Managers …
    The Bank Managers and CEO’s, mortagage company’s management and CEO’s, Real Estate brokerages, Home Builders and crooked stock brokers should be imprisoned and their assests should be repossessed and used to pay the deficit. This is what would happens to any lower class criminal. The laws are being bent and broken and these people are walking with billions while the average American is broke as shit.

  23. fulltimehumanOG Says:

    If they don’t …
    If they don’t understand what they sign they are not LIABLE and the contract is VOIDED.

  24. sickwiththetruth Says:

    California’s …
    California’s Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): “It shall be a violation for a foreclosure consultant to:
    (a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform.”

  25. Tellingulikeitis Says:

    What these loan …
    What these loan modification companies don’t tell you is that they are brokers and mortgage companies that charge anywhere from $1,400 to $4,000 to re-negotiate your loans for 5 years. Then your interest rate will adjust. It might adjust to something you can’t afford. If you are behind, contact your lender and work out a deal. Do not fall into the scam of the loan modification infomercials.

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