waggy
No Lifer
http://bungalowbillscw.blogspo...o-mo-arrested-for.html
Dawn Welsh thought her house was paid off. She received paperwork from her bank showing it was paid off, but through a series of her mortgage being bought and sold, Wachovia Bank was the final owner of the mortgage and claimed Welsh was still owed on her home despite papers showing otherwise.
Today, Hillsboro, Missouri police came onto her property and broke her door down to remove her from her property near St. Louis. They used a battering ram to enter her home, despite her showing evidence in the past that she owned the property. She had gone to court previously and showed a judge the mortgage was paid in full, and it is a record of the court. However, these are desperate times for Wachovia who continued to threaten the 54-year-old woman.
These paperwork problems aren't uncommon. In fact many people wind up in court after they are told they owe more money on their homes after a series of mortgages being pushed back and forth through the mortgage process.
Wachovia Mortgage took over the mortgage and said they weren't going to honor the paperwork from the previous mortgage and continued to harass this woman. So we have a woman with the proper papers showing her house is paid off with the police and the courts ignoring the paperwork according to the story.
It seems so fitting that the banks have become so desperate to make up their losses that they are bullying themselves over hard-working people in scams to collect even more from the mortgages. They have received hundreds of billions from the taxpayers, and yet they pushed this lady into the corner.
Property rights are definitely in question in the United States and with the government's interest in the banks, we might see more of this as the government looks for sources of income to fix broken programs that are running out of money. Will they go as far as confiscating property through the banks? That's the real question that comes from today's story.
Obama ran on the promise that he would help people like Welsh, but this may be the reality now the government is running the banks. This wasn't supposed to happen under Obama's promise of hope and change. Is confiscation of private property going to further spread across our country. We know the government has used eminent domain laws to confiscate property which they can make more taxes from by putting a business where a person's home was. Now with the power of the banks, they may be able to take it many steps further.
liveleak recording of it
ugh wtf this is insane! she has paperwork saying the home is paid off. why ain't this in the US news (couldnt find it)? this is insane!
Dawn Welsh thought her house was paid off. She received paperwork from her bank showing it was paid off, but through a series of her mortgage being bought and sold, Wachovia Bank was the final owner of the mortgage and claimed Welsh was still owed on her home despite papers showing otherwise.
Today, Hillsboro, Missouri police came onto her property and broke her door down to remove her from her property near St. Louis. They used a battering ram to enter her home, despite her showing evidence in the past that she owned the property. She had gone to court previously and showed a judge the mortgage was paid in full, and it is a record of the court. However, these are desperate times for Wachovia who continued to threaten the 54-year-old woman.
These paperwork problems aren't uncommon. In fact many people wind up in court after they are told they owe more money on their homes after a series of mortgages being pushed back and forth through the mortgage process.
Wachovia Mortgage took over the mortgage and said they weren't going to honor the paperwork from the previous mortgage and continued to harass this woman. So we have a woman with the proper papers showing her house is paid off with the police and the courts ignoring the paperwork according to the story.
It seems so fitting that the banks have become so desperate to make up their losses that they are bullying themselves over hard-working people in scams to collect even more from the mortgages. They have received hundreds of billions from the taxpayers, and yet they pushed this lady into the corner.
Property rights are definitely in question in the United States and with the government's interest in the banks, we might see more of this as the government looks for sources of income to fix broken programs that are running out of money. Will they go as far as confiscating property through the banks? That's the real question that comes from today's story.
Obama ran on the promise that he would help people like Welsh, but this may be the reality now the government is running the banks. This wasn't supposed to happen under Obama's promise of hope and change. Is confiscation of private property going to further spread across our country. We know the government has used eminent domain laws to confiscate property which they can make more taxes from by putting a business where a person's home was. Now with the power of the banks, they may be able to take it many steps further.
liveleak recording of it
ugh wtf this is insane! she has paperwork saying the home is paid off. why ain't this in the US news (couldnt find it)? this is insane!
