So those beds are going to see a year or two of use before they must be burned?

How can someone live in a house for 50 years and not own it?

... RTFA.....

The issue over the home involves a second mortgage Hall's grandson took out almost 10 years ago.

Ahh - hopefully he wasn't trying to take advantage of her equity.

GoodOmens: How can someone live in a house for 50 years and not own it?

... RTFA.....

The issue over the home involves a second mortgage Hall's grandson took out almost 10 years ago.

Ahh - hopefully he wasn't trying to take advantage of her equity.

no, I am sure the grandson used that money for something noble and important like setting up a soup kitchen or giving the money to charity.

geez, some guy who got foreclosed is helping out this grandmother, while the grandson is doing what? lets see that farktard do something to help out.

In this thread, socialists believe that people should be able to take things that they haven't paid for. Everybody has a human right to a free house that they haven't earnt.

"Hey homies, dat Obama said that we is gonna get free money!"

tenpoundsofcheese: no, I am sure the grandson used that money for something noble and important like setting up a soup kitchen or giving the money to charity.

Well his last name was mohammed so that means hes a turrorist and we need to arrest him immediately.

Some banks absolutely do not want to work with you and will outright lie to you in order to get you into foreclosure.

My wife lost her late fathers estate after Regions Mortgage outright lied to her mother about a modification. If it wasn't for TARP bailing out those SOB banks we wouldn't have to deal with these awful people.

mister aj: In this thread, socialists believe that people should be able to take things that they haven't paid for. Everybody has a human right to a free house that they haven't earnt.

"Hey homies, dat Obama said that we is gonna get free money!"

I'm still waiting for my free gas.

What are you going to do with 187 one-year-olds?

Chase knew they'd have an armed mob on their door if they foreclosed on a 103 year old lady with an 86 year old daughter. They didn't do this to be kind, I can reassure you...

"103 year-old woman and her 84 year-old daughter "

ConConHead: Chase knew they'd have an armed mob on their door if they foreclosed on a 103 year old lady with an 86 year old daughter. They didn't do this to be kind, I can reassure you...

No, they did initially foreclose. When the deputies and moving company showed up to evict, they collectively decided "No".
Only after much media coverage did JPM-C decide to "work out a settlement".

The issue over the home involves a second mortgage Hall's grandson took out almost 10 years ago.

In 2002, Ali Muhammad got a second mortgage on the house from Deutsche Bank National Trust, according to Fulton County Civil Superior Court records. That loan ultimately was administered by Chase.

Muhammad was listed as the owner of the home, though his grandmother had lived in it for decades. Seven years after getting the loan -- in March 2009 -- Deutsche foreclosed on the property.

Hall remained in the home while Muhammad fought the foreclosure, said Derrick Boazman, a former Atlanta City Council member who said he negotiated with the banks to keep the two elderly women from eviction.

So the grandson took out an equity loan against the house and didn't pay it back so his grandmom gets evicted. Noticed the article doesn't specify how much or what he used the money for.

steklo: "103 year-old woman and her 84 year-old daughter "

[www.cmt.com image 430x250]

TOASTY!

GacysBasement: "Noticed the article doesn't specify how much or what he used the money for."

Because it's largely irrelevant. The question is whether or not you want to see two elderly upstanding citizens kicked out onto the street just because they were victims of some two-bit hustler. Does it really matter whether they knew the piece of shiat who did it to them, or whether it was a stranger? Does it matter whether it was a mortgage, or pressured withdrawals from their savings, or a roof/siding scam?

You've got two people who were taken advantage of. How much further suffering should these *victims* be put through before your twisted sense of justice is satisfied?

ringersol: Because it's largely irrelevant. The question is whether or not you want to see two elderly upstanding citizens kicked out onto the street just because they were victims of some two-bit hustler. Does it really matter whether they knew the piece of shiat who did it to them, or whether it was a stranger? Does it matter whether it was a mortgage, or pressured withdrawals from their savings, or a roof/siding scam?

How do you know the house wasn't in the grandson's name? If his name is on the deed, he would be able to take out a second mortgage.

ringersol: Because it's largely irrelevant. The question is whether or not you want to see two elderly upstanding citizens kicked out onto the street just because they were victims of some two-bit hustler. Does it really matter whether they knew the piece of shiat who did it to them, or whether it was a stranger? Does it matter whether it was a mortgage, or pressured withdrawals from their savings, or a roof/siding scam?

You've got two people who were taken advantage of. How much further suffering should these *victims* be put through before your twisted sense of justice is satisfied?

Would you be saying the same thing if the grandson borrowed this money from you?

i wonder if he got any grilled cheese out of all of it???

//drippy cheese nuggets

Lanctwa: "How do you know the house wasn't in the grandson's name?"

Whether the guy got the house signed over to him is about as relevant as whether a skeezy Florida contractor got a signed contract to replace a roof that didn't need replacing. I'm not saying he should necessarily be in jail. I'm saying he clearly took advantage of them. If the second mortgage was used to pay medical bills or fix up the house, the grandson would be front and center with that story.

And, again, this is all an irrelevant. You've got two elderly citizens. The question is whether it's right to kick them out onto the street (for the benefit of apparently no-one as there's shiat-tons of unoccupied real-estate in this country) and as a corollary whether it's wrong to help them out and fight to keep them in that house.

YouPeopleAreCrazy: ConConHead: Chase knew they'd have an armed mob on their door if they foreclosed on a 103 year old lady with an 86 year old daughter. They didn't do this to be kind, I can reassure you...

No, they did initially foreclose. When the deputies and moving company showed up to evict, they collectively decided "No".
Only after much media coverage did JPM-C decide to "work out a settlement".

This makes MUCH more sense knowing that god-afwul bank. Thanky.

YouFarkingIdiot: "Would you be saying the same thing if the grandson borrowed this money from you?"

I'm not sure what you're even asking. If my grandson tried to take financial advantage of me? if this grandson asked me for a loan equivalent to what the kind people from the article donated?

ringersol: I'm not sure what you're even asking. If my grandson tried to take financial advantage of me? if this grandson asked me for a loan equivalent to what the kind people from the article donated?

What would your position be if the grandson had gotten a loan from you (instead of the bank) using the house as collateral?

Someone should do a story on that grandson. TFA didn't say what he used the money for, but I hope it was something worthwhile.

YouFarkingIdiot: "What would your position be if the grandson had gotten a loan from you (instead of the bank) using the house as collateral?"

Well I've had the displeasure of working in and around banking for a while. So I've seen the sad parade of children and grandchildren pushing their elderly relatives in to sign over accounts, open lines of credit, liquidate savings, etc. So I'd like to think that I'd decline the business. (That experience is why I feel so strongly about this shiat. I've seen first-hand how tragically common it is.)

But for the sake of your argument "what *should* the bank have done?" let's say I didn't. The short answer is that I probably would take the deed. I probably would also work with them to see what they could afford rent-wise. I don't begrudge a bank their business, even if it involves profit from someone else's bad luck or mistrust. But I absolutely would not blindly evict a 103 year old and 84 year old from their home. Any loss that might occur (which I'm doubtful there would be in the end), I would absolutely be willing to write off as the cost of doing business.

This is what happens when you get teenage pregnent

ringersol: Well I've had the displeasure of working in and around banking for a while. So I've seen the sad parade of children and grandchildren pushing their elderly relatives in to sign over accounts, open lines of credit, liquidate savings, etc. So I'd like to think that I'd decline the business. (That experience is why I feel so strongly about this shiat. I've seen first-hand how tragically common it is.)

But for the sake of your argument "what *should* the bank have done?" let's say I didn't. The short answer is that I probably would take the deed. I probably would also work with them to see what they could afford rent-wise. I don't begrudge a bank their business, even if it involves profit from someone else's bad luck or mistrust. But I absolutely would not blindly evict a 103 year old and 84 year old from their home. Any loss that might occur (which I'm doubtful there would be in the end), I would absolutely be willing to write off as the cost of doing business

You're a good man or woman. If you were in this business though, I think you'd end up poor or broke because there are too many folks like the grandson. It would be interesting to know what you'd do if you needed the loan money back (for whatever reason). Not saying that bank must have it ASAP, but just a hypothetical.

RedPhoenix122: WarszawaScream: RedPhoenix122: Pwnchubr: mister aj: In this thread, socialists believe that people should be able to take things that they haven't paid for. Everybody has a human right to a free house that they haven't earnt.

"Hey homies, dat Obama said that we is gonna get free money!"

I'm still waiting for my free gas.

I'm still waiting for the wealth to "trickle down".

I'm still waiting for my flying cars. I was promised flying cars.

I was promised hoverboards.

I was told there would be pie and punch.

Bacontastesgood: This is what happens when you get teenage pregnent

Wat

cretinbob: Wow. That article pretty much sums up this entire era.
Greedy farking shiathead bank makes an illegal risky loan without checking out the entire story, and regular people step in and make things right.

Where did it say that?