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frdmfytr

02/01/15 9:26 AM

#413091 RE: bkshadow #413020

The problem is much deeper and that is what most people don't understand.

Understanding how something is supposed to work and understanding how it really works to avoid how its should are two very different arguments...

One person can argue nothing has been done wrong its just peoples lack of understanding... only because they themselves lack understanding.

at what point was wrong done is a good question!

All one has to do is research the "wamu mortgage pass-through trusts" (the heart of this fraud mess) to get a better understanding and then the situation as a whole becomes clear.


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frdmfytr

02/23/15 6:29 AM

#414402 RE: bkshadow #413020

Hi, and thanx for welcoming me to the board.

First I just want to say I am in no way an expert when it comes to this stuff. I'm far from it, but have I plenty of room and desire to keep learning, anytime I can.

What I do know is from what I have learned in actually trying to help someone who has/had a loan with wamu, and chase is attempting to foreclose. At first I thought what any normal rational person would, which is they borrowed money, they defaulted, and now they do and should owe the money. I don't want to get too much into it
being I'm new and also not wanting to offend or disrespect others views, but I certainly learned a lot. If anyone is interested in it, I would be more than happy to share and talk about it.

I definitely learned things are not always what they seem, and greed can truly be infinite.

Oh, and that those wamu pools are #u(@ed up. Especially the 2005. If you noticed all the litigation going on, you will start to see a pattern that will specifically steer clear of 2005-AR12 and AR14. Everything is either 2005-AR15 and up or AR11 and down. I have now dedicated a lot of time in trying to help her from becoming a victim. I believe Homeowners and Investors alike have every right to know when something isn't what it seems to be.



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frdmfytr

02/23/15 6:52 AM

#414405 RE: bkshadow #413020

I noticed you mentioned something about there not being any "phantom loans".. we should talk lol