Bailout, Mortgage Fraud- BB&T Bank, Predatory Lending, Subprime

Posted on May 23, 2009
Filed Under Real Estate Foreclosed |

Predatory Lending, Mortgage Fraud,Real Estate,Foreclosure,Subprime,FBI,FDIC,Bailout, Judicial Injustice,Value inflated 136%, BB&T Bank,loan, congress, Judicial Injustice, Adjustable Rate,News,CNN, Mortgage

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Comments

25 Responses to “Bailout, Mortgage Fraud- BB&T Bank, Predatory Lending, Subprime”

  1. wildpeachatl737 on May 23rd, 2009 6:48 pm

    Wow, I live in the …
    Wow, I live in the Atlanta area and never heard about this case, this should be on the local news.

    From what you’ve outlined, it sounds like a clear case of fraud on the seller’s part. Were you represented by an attorney?

  2. pangaea611 on May 23rd, 2009 6:48 pm

    i am so sry!!
    i am so sry!!

  3. Chiefs129 on May 23rd, 2009 6:48 pm

    A doctor invented …
    A doctor invented AIDS AND THERE IS A CURE FOR IT! DO THE RESEARCH, WAKE UP AMERICA! WHO OWNS THE FEDERAL RESERVE AND THE BANKS? WHEN WAS THE LAST TIME YOU GOT A LOAN? ILLUMINATI, THE MASONS, SKULL AND BONES!! WAKE UP WORLD!! THEY ARE CONTROLLING US ALL AND USING MUSIC TO DO IT!! END THE FEDERAL RESERVE!!! THEY MADE HIM PRESIDENT TO THROUGH THE PEOPLE OFF!!! HE WORKS FOR THE BANKERS!!!

  4. stoneofrefuge on May 23rd, 2009 6:48 pm

    couples 22, I am …
    couples 22, I am part black, and white along with indian. I am basically mixed in race. All poor people will rise and prosecute the banking elite for treason and corruption. Plus having their ets liquidated down to 1 dollar. Let them keep a dollar while all ets auctioned off to pay off the negative debts on the poor people.

  5. stoneofrefuge on May 23rd, 2009 6:48 pm

    Black people, White …
    Black people, White people, Mixed people who are making between 25k to 40 k, Lets get everyone together, Oust these s that are making a killing plus taking our tax money. This makes me so sick. Couples22, My heart goes to you. the banking system. Revolution must start with poor people demanding the fairness of the banking system.

  6. 3287667 on May 23rd, 2009 6:48 pm

    The Attorney …
    The Attorney General shouldn’t have any problem investigating; all they have to do is go down stairs. They’ll probably discuss over lunch!

  7. Jammin2dbeat on May 23rd, 2009 6:48 pm

    someone smart …
    someone smart please help me

    comment me back j9

  8. 40areasg on May 23rd, 2009 6:48 pm

    I worked with bb&t …
    I worked with bb&t and trust me they are some slick, evil, s.

  9. atlfraudcop on May 23rd, 2009 6:48 pm

    Couples22, aren’t …
    Couples22, aren’t you the one in financial ruin? I’m the idiot? Aren’t you the one that waited amost 4 years to take your complaint to the police? I’m the idiot? Atlanta lead the nation in mortgage fraud and you got wrapped up in it, but it’s a racial issue, and I’m the idiot. I think that if anyone should look in the mirror, it’s you.

  10. Aliciaisabeast on May 23rd, 2009 6:48 pm

    I NEED SOMEONE TO …
    I NEED SOMEONE TO TALK TO

    i need someone smart to keep me entertained 5h

  11. shelly120360 on May 23rd, 2009 6:48 pm

    I am so glad that …
    I am so glad that folks like you see and correct these types of errors. good job-
    thanks

  12. atgidden1 on May 23rd, 2009 6:48 pm

    dude, not sure if …
    dude, not sure if you are talking about the right BB&T, Branch Banking & Trust. They are a south eastern bank. Their HQ isn’t in TX, it’s in Winston-Salem NC. Here’s there number: 1-800-226-5228. Their HQ is 200 West Second Street Winston-Salem, NC 27101. If you want to clear up that overdraft I suggest you go into your local branch, if there is one.

  13. CoC350 on May 23rd, 2009 6:48 pm

    BB&T did the same …
    BB&T did the same bullshit to me! I bout a house in Conway S.C. The house was a pile of trash patched up. The roof and the floor fell in. And I had to move a ragged mobile home on the lot to live in, The second year of a 30 year mortgage! BB&T took the side of the lawyer and destroyed my credit! So I had the house condemd and they waited seven years to file for the government backed insurance and still have me as a negitive in my credit report! If you want me to tell the story let me know!

  14. carboniferous29 on May 23rd, 2009 6:48 pm

    To couples22 and …
    To couples22 and all others regardless of race, my heart breaks for you all. It really saddened to hear your loss of property. It’s happening all around the world because of the financial elite.
    We in the U.K. are currently trying to get the crown to prosecute the ministers and central bank for treason and fraud. But we feel that the corruption is so deep that we are struggling to make progress.
    Be strong brother and know that the people will rise when we stop being divided by those in power.

  15. kuualoha2008 on May 23rd, 2009 6:48 pm

    yeah, I heard that …
    yeah, I heard that Atlanta, Georgia was the highest fraud for mortgages. However; they will be investigated, lose their license, go to prison, do time. Many of these people that do fraud..eventually when the get caught. No amount of money is worth your time in Prison. Listen people, no one is careless if your are expecting a licensed broker, real estate agent and a appraiser to do their job properly. I’m in the mortgage business…many years..have my own company.

  16. dvmcgovern on May 23rd, 2009 6:48 pm

    It is not a racist …
    It is not a racist system, it is a corrupt system with every color of honest people getting caught up in it. It is due to the lack of control on the system. But mostly it is due to sinful black hearted people who will get their due un judgement day, which will be here sooner than people think.

  17. couples22 on May 23rd, 2009 6:48 pm

    Atlfraudcop- you …
    Atlfraudcop- you are such an Idiot. Did you also hear that the Judge took JUDICIAL NOTICE that “one half of the Duplex was later sold for 160,000″ first, look up the defination of JUDICIAL NOTICE. Now explain to the world what the Judge meant! There is no such thing a sellig one half of a Duplex, and the Duplex I bought never sold for $160,000- 65 A Spring Lane. Atlant, 30314Look it up, its public record. This decision is worse that the Dread Scott decision- look that up too. Dread Scott.Idiot

  18. couples22 on May 23rd, 2009 6:48 pm

    You are the same …
    You are the same set of peopele who made the Dread Scott decision in the 1860’s. You all have not changed, take off your white gown and hood and maybe you can see yourself in the mirror. I asked BB&T to take the property, null and void the trnsaction, and I will buy the propety for the correct value. They refused, call the note due, foreclsoe, then tried to sue me. You are a part of the Racist system, no morals, character, integrity; this is a modern day lynching; financial lynching.

  19. MoeBedard on May 23rd, 2009 6:48 pm

    Predatory Lending …
    Predatory Lending is destroying our COUNTRY!
    FOR EXCLUSIVE LEAKS ON PREDATORY LENDING AND UPDATES ON HOW YOU CAN FIGHT IT GO TO MY CHANNEL.

    -GOD BLESS AMERICA

  20. atlfraudcop on May 23rd, 2009 6:48 pm

    Did you tell people …
    Did you tell people that you took the case to the police almost 4 years after you bought the house and the statute of limitations was running out? I didn’t hear it in your video. Did you tell people that the appraiser you hired initially thought the home was a single family residence as well, and actually began the appraisal on the wrong property? I didn’t hear that either. You are a careless schmuk who didn’t do your due diligence before you bought the home.

  21. glamndring on May 23rd, 2009 6:48 pm

    BB&T has no open …
    BB&T has no open tele line for credit concerns. I sent them a money order for an outstanding overdraft and they did not respond and my calls to texas hq were not returned. Banks are not there for you even if you show good faith to make amends.

  22. KARStarla on May 23rd, 2009 6:48 pm

    Crap, I was just …
    Crap, I was just about to refinance with BB&T tommorrow, I’m not touching that bank now. I just learned about “Bank of America” and know what its like dealing with them myself.

    I’m doing my research on banks and I’m not happy about what I’m hearing.

    I have excellent credit and was turned down by my own mortgage company for a refinance (after an appraisal showing $60,000 extra equity in my home) I was turned down simpky because “my home was not COMPARABLE to other homes in my neighborhood

  23. denimblueindigo on May 23rd, 2009 6:48 pm

    couples22, you’re …
    couples22, you’re right. Whether you did your “homework” or not, BB&T ed you. Plain and simple, they were fraudulent. Sounds like the judge is getting some cash on the side from BB&T or he owns stock. Get legal help if you haven’t already.

  24. fbargus on May 23rd, 2009 6:48 pm

    The government …
    The government appraises your house so they can collect more tax. The bank appraises your house to calculate their risk. You appraise your house so you can get the best value for your money.

    There is no master price list for all houses. A house is worth what someone will pay for. You obviously made a serious error in judgement on a) whether you could actually afford the mortgage payments and b) what a good price to pay the house was.

    Accept some responsibility.

  25. couples22 on May 23rd, 2009 6:48 pm

    The value of the …
    The value of the property was inflated 136% by using fraudulent appraisal.
    If you wold like, I can send you a copy of the actual appraisal that was used to close my loan.
    Even if in your opinion, I did not do my due dillegence, it does not give anyone the right to break the laws and commit fraud.
    I requested an appraisal before purchasing the property, as admitted by te loan officer under oath.

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