Complaint on Countywide Home Loans

This letter is in reference to Alice Grant's compaint about mortgage Fraud commited by Countrywide Home Loans. I am her son Samuel Grant and I have attachted information on thier crime and that of Service Link LP and Townes Davis & Associates.

My Email is Email User

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Through The Mod Loan Glass With Dewy, Cheatem & Howe's Jason Curry, Bank of America, Steve Curry, and Impac Mortgage, Impac Lending Services. Today�s corporate executive�s lack of ethics make John D. Rockefeller look like an amateur. I'm glad that complaints. com is providing this service. Exposes happen for a reason. Reasons like bad customer service or injustice. As the realization sinks in that in internet is a real time conduit of ones reputations, customer service will only be forced to get better.

�The public not only has the right to know what sort of person they are; it is the duty of the public to know.� Just tell it to The Man like it is. My hat�s off to you watchdog's who dare speak the truth and spit in the eye of those who think they are in charge. It's the people who are in charge. Here is effective and thoughtful work examining this most critical issue.

(Watchdog: Gadfly: a person who arouses lazy citizens from apathy and ignorance with never-ending and ubiquitous watchdogging. Watchdog: a successful gadfly.)

Indirectly, this �circumventuous� flapdoodle is right on the mark, as in-the-know citizens well understand.

The issue is that house prices have dropped. Why? Because of the mortgage fraud that manipulated them up in the mortgage fraud run-up of late 2003, all of 2004 going into spring of 2005. The mortgage fraud is a significant number of all the home loans. The problem is not just the sub-prime home loans. The problem is that people owe more than the home is worth. The symptoms of the drop in housing prices is foreclosures. The result is a fundamental problem to not only the occupants of a home but also the American economy and global economy as well. There is just way too much housing inventory out there for home prices to have hit bottom. Home prices will go down further as foreclosures continue to further flood the market. Borrowers that owe more than the value of their homes just walk away.

At one time good American townspeople correctly and effectively tarred, feathered and ran out of town on a rail these scoundrels. Be American, don�t get mad, expose these shysters, blog them, then tar, feather and run them out of town on a rail. Starting with Bank of America�s Brian Moyihan, James Emerick, Loraine Raymer, Sonja Wright, Linda Jordan, Thomas Ryan, Charles Holliday, Jr, Walter Massey, Temena McGee, Michelle Langley, Ashley Stix, and Brandon Coltin.

Asking if your lender a patriot or a terrorist is a valid question. Now a patriot is one who loves, supports, and defends one's country. A patriot loves his or her country and supports their country's authority and interests. A terrorist on the other hand, is one that engages in acts or an act of terrorism. Terrorism is the unlawful use or threatened use of force or violence by a person or an organized group against people or property with the intention of intimidating or coercing societies or governments, often for ideological or political reasons. Terrorism is the systematic use of terror especially as a means of coercion. Terror is a state of intense fear, one or something that inspires fear, a frightening aspect terrors of invasion, a cause of anxiety, worry, an appalling person or thing. That's all very clear and straight forward to me. That's all exactly how my family and feel from these home lenders.

OPINION:

Q: What kind of person steals soap?

A: A dirty crook

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Countrywide now Bank of America is definitely anti-America. They�re not doing the required homeloans because of the origination fees they make off the refinance loans for the loans they should never have put us into in the first place.

Sheryl Christensen, can you spell MORTGAGE FRAUD? Sure you can. The one with the 30-year Federal felony and $1 million fine per occurrence. Remember me Sheryl? The one your Ferrari-Lund Real Estate buddies referred to you. The one that did three purchases with you from Spring 2003 to Fall 2005 for a total of six loans. The one that you created that first rental agreement for the house I was selling through your Ferrari-Lund Real Estate buddies. You were then with Wells Fargo on Kietzke Lane across from Lowe�s. You told me that your manager, James Elvick had told you to do that when the underwriter conditioned for either the sale of that house or a rental contract of that house. It was faster for you to create that rental contract than it was then to sell the house. I had never been a landlord nor did I have any intention of ever becoming one. Your rental contract worked. I moved into my new home. I never did rent my previous home as your Ferrari-Lund Real Estate buddies listed it the morning after close of escrow on my new home. A bit of a financial hardship for me making both payments, but the market was starting to heat up and it sold in six months. You put me on that 100% 80 Heloc-20 Heloc that you sold me on that I �could just write a check out of as the property appreciated.� Use my home as a checking account you extolled. I�m sure now Wells Fargo was paying you a bonus to push that product. You sure quickly glossed over the details about that product. I naively made the mistake of assuming that what you told me was the same as what was in that paperwork in very small print that you mailed to me. The Sheryl mouth giveth and the small print taketh. I didn�t know until much later that your 100% 80 Heloc-20 Heloc was a bullet to my head.

Then your Ferrari-Lund Real Estate buddies told me I �should buy another property and flip it for a quick buck.� I had zero cash but your Ferrari-Lund Real Estate buddies told me �Sheryl�ll show you how to do it.� Sheryl certainly did. Sheryl, the Pusher, created another rental contract on my home and put on the loan I was moving into the new property. Again, I had no intention of being a landlord, and in this case, of moving. That property was flipped, but the next year during tax filing, after all the loan fees to you, the real estate commissions buying and selling, the income tax prep fees, and the capital gains taxes since the loan paperwork had it as an owner occupant which wasn�t exempt since I�d just taken the exemption on my other home, since my tax preparer wisely disclosed to me what tax fraud is, its consequences and that she wasn�t participating in it, I�d made a grand net profit of minus $9,872. At the time though, I hadn�t yet learned all that. Or that the only ones that made money off that deal was you and your fellow Pusher Ferrari-Lund Real Estate buddies. In fact, it turned out, you and your Ferrari-Lund Real Estate buddies made a lot of money of that deal. In stocks, what you and your Ferrari-Lund Real Estate buddies were doing is known as churning. The deal was done for your benefit, not mine. I still didn�t yet know that though.

So you and your Ferrari-Lund Real Estate buddies had me do another one exactly like the previous one. But the market, unknown to me, had peaked and was collapsing. No flipping in that market. I lost that house in foreclosure soon after my tax preparer broke all the bad news to me of what you and your Ferrari-Lund Real Estate buddies had aggressively tricked me into.

My tax preparer also broke more bad news. The IRS is one of the few hiring. The IRS is hiring

So the IRS can go back and audit loan files such as yours. The IRS is looking for declarations of rental status then matching that up to the borrower�s income tax returns. No rental income tax income declared and the IRS hauls the borrower in for an audit. In my case, there was no rental income, but my tax preparer says I won�t be believed since my loan documents, with my signature, say different. My six Deed of Trusts recorded at the Washoe County Recorder�s Office clearly has owner occupant on all those turns out were fraudulent loans you did for me. So I�ll be assessed taxes and penalties for rental income that I never received on three properties. I may even be facing criminal charges. My recourse will then be to sue you and Wells Fargo and Countrywide and your Ferrari-Lund Real Estate buddies and Ferrari-Lund Real Estate for the MORTGAGE FRAUD I didn�t know then you and they then were doing. MORTGAGE FRAUD, you know, that creating and/or providing false information to a lender. Which I have since learned is also an NRS 645 violation for Ferrari-Lund Real Estate.

My tax preparer is convinced once the IRS gets to me I�m screwed. I�m not going down alone. I hear the FBI and Nevada AG is also hiring to go after the MORTGAGE FRAUDSTERS. If the IRS comes after me, I�m going to the FBI and Nevada AG and telling them everything. I know you�ll then say to them what you said to me, that your manager, James Elvick had told you to create a rental contract when the underwriter conditioned for either the sale of that house or a rental contract of that house. Elvick will of course deny he said that. I�ll have your loan records and Ferrari-Lund�s real estate records subpoenaed and since you and/or your Ferrari-Lund Real Estate buddies created the false rental contracts, they�re not in my handwriting.

My home? Well, I finally met an honest loan officer and she, a veteran herself, refinanced me into the loan you really didn�t want to do for me, my 30 year fixed VA loan.