bp oil spill petition

It seems that people are getting restless.

This is a petition circulating at full speed and in the online world designed to capture the attention of legislators on Capitol Hill. He is entitled, simply, the U.S. government asked the owners of the United States.

With hundreds of thousands of homeowners facing foreclosure homes and the management of bureaucratic delays in the hands of fewer bank employees friendly, lost documents constantly, never test modifications post last trial, but never made permanent and forced sales in the middle consideration of the amendment of the loan cries of fairness and responsibility are reaching a crescendo.

COPE system as banks make sentences modified by the progress of the trial that almost a third of the funds available for modification in all owners time in the trial. Given the truth to enter the modification of the trial is a small step in the process, banks with less than a excellent performance to make these changes permanent seems that compensation may be premature and offline.

When a borrower enters changing the test administrator receives $ 1,000. Bank of America has more than 200,000 borrowers received test modifications received more than $ 200 million by the simple expedient of home owners into account changes to the test "without guarantee of ever obtaining a permanent change. In one time the bank had rushed 180,000 test changes by mail without full documentation on income, leaving doubt on the ability to make these changes.

According to the latest Treasury report IndyMac / OneWest entered 19,623 homeowners in the process the evolution of the test and achieved an astonishing changes and still filled ZERO This effort marked the most dismal investment group 19 million taxpayers. Number of borrowers and consumer advocates complain IndyMac makes no effort to make these changes permanent, in fact, invented new ways to reject the changes.

Many administrators mass mail to test changes to risk borrowers to get their share of free money offered by the borrower simply get in the test plan. And apparently all the obstacles to stop the process and prevent permanent changes.

IndyMac borrowers across the country are looking for lawyers to take action class to test the changes have been sent and denied before the second payment has been received by the bank. Even in these cases, the administrator was paid $ 1,000 to enter the owner in the trial period and then rush to dump the plan.

I spoke with owners who say that the lender receives constant income and financial account numbers wrong and will not listen to reason or to revise the figures they used to deny the amendment. Mithen, owner of a house under siege in Brooklyn, NY complains of "customer service blamed the negotiator" and "never" put the person on the phone "she continued, saying" calls to employees IndyMac result scripted answers, so I always end in favor of the bank. "

The system now seems to be a disaster and the trial period has created a new layer of bureaucracy in an already overburdened. The economic benefit obtained by managers simply to an owner in the trial is important. The funds deposited in lasting change is nothing in comparison.

Banks that have made the loan documents with original and little or no closed time in less than a week now routinely applying 5.6 to 7 months to approve a loan modification. The irony is not lost.

To further complicate the situation of creditors of the work being outsourced to third party providers is even worse in the handling of documents, and have little access to an account of the borrower. Bank of America uses the third team out HOPE of his way to believe that the owners are part of the bank. Until recently used this LoanCare SunTrust outsourcing have led to many delays and problems recently retired Suntrust LoanCare all your files. Some lenders use Zenta, which has a large number of addresses and if you send documents to the wrong address is returned Zenta employees as undeliverable.

BP = Ballot Poison – PETITION TO BOYCOTT BP-FUNDED CANDIDATES IN 2010