5 comments

• Comment Link Wednesday, March 18 2009 10:52 posted by Kerri

  What is most definately sad is that These individuals did not just partake in fraud against lenders but they also victimized many innocent people in order to get the funds that they obtained and the victims are swept under a rug by the government and agents. I was one of these un lucky people to fall trap to Mr. Washington and Victoria Bennett. They lied, cheated, manipulated with everyone involved. I am the victim that gave the FBI the information during their investigation that revoked their bonds. I have been sadened by the lack of concern that the government, the FBI and lawyers show when it comes to the people that have been victimized. Those victoms are thrown aside and ignored through out the whole case. No one is helping the victims get through the tramatic and financially devistating situation that people like Mr. Washington has destroyed. He put me in a downfall of a million dollars. I know of 27 other woman that he did this too and absolutely none of them will be heard at his trial. None of them has even been informed of or kept in the loop of what is taking place. It is extremely hard to pick up your life and move on when you have been victimized in the mortgage industry. It discusts me that the only ones that will get justice and be heard are the financial institutions, the lenders. I want to start some kind of public awareness, let my story be heard. I went through almost 3 years of this crap and the end is no where in sight. I am a single mother with four children so picking up the pieces after something like this will be long and hard. Stories need to be told. People need to know how easy it is to be taken advantage of in an industry where we thought we were safe.
• Comment Link Saturday, May 03 2008 12:19 posted by Pat Lee

  Recently banks have suddenly pulled many prime deals and increased their rates and fees without warning to take shelter in the current market of no liquidity where lenders do not feel confident lending to each other. The
  America finance Federal Reserve Chairman Ben Bernanke has warned of a possible recession on the horizon. This would directly effect the UK.
• Comment Link Saturday, May 03 2008 12:17 posted by Pat Lee

  Estate agents have stated that approximately a third of property purchases are failing due to the increased difficulty in obtaining home finance and that buyers can be choosey and put in very low offers because it is a buyers' market. There is a fear prices may drop some way. The problem is that it is the fear that kills demand, people feel nervous so do not buy, nobody wants to catch falling knifes.
• Comment Link Saturday, May 03 2008 12:15 posted by Pat Lee

  It was stated this week at the London 2008 commercial mortgage expo that some UK inner city flat developements could aspect a 50% decrease in value in the near future.
• Comment Link Wednesday, April 23 2008 20:05 posted by VA Refinance

  I am so amazed. but really why am i surprised, they people thought they could get away with it once what would make them think any different. throw the book at them I say and lets just hope others see and learn.