Foreclosed Homeowners Break Into Former Home

[andymajumder]

Interesting…..now what do you say to that.

http://www.cnbc.com/id/39726698/

There’s been a lot of funny business in the mortgage industry. It’s getting less funny by the minute.

Danielle and Jim Earl admit they skipped mortgage payments, filed for bankruptcy, and lost their home. But they broke back into the house last week after changing the locks.

“How can you trespass on your own home?” asks Danielle Earl inside the 4,000 square foot house in Simi Valley, California, where she and her stay-at-home husband, Jim, live with their nine children (six of them adopted).

The Earls are the new face of the mortgage crisis.

They admit having money troubles in the past, including bankruptcies. Danielle Earl reportedly co-owns a medical equipment company, and she says times were tight in 2006, so they skipped some mortgage payments. Earl says they eventually caught up, paying more than $100,000, only to receive a notice of default. The home was foreclosed on earlier this year and sold to an investor group, Conejo Capital. The Earls were evicted.
…

[ucodegen]

It is the new entitlement mentality.

You don’t own the home until you finish paying for it. Until then, all you have is roughly a lease-option-to-buy from the bank with a few more legal protections.

Don’t pay a lease and you are out. Don’t pay a mortgage and you are out.

The Earls have been ordered to move out a week from today, but their attorney, Michael Pines, says they may move back in, saying they can legally do that since the judge didn’t issue a permanent injunction.

Unless you consider being put in prison for contempt of court(they were ordered out), B&E, trespass, vandalism, felony theft(amounts greater than 10k).

He’s reportedly helped other Southern California families break back into their old homes, and Pines claims that mortgage securitization calls into question every commercial and residential loan going back decades.

I wonder how much longer this guy will have his ABA license?

[ucodegen]

It is the new entitlement mentality.

You don’t own the home until you finish paying for it. Until then, all you have is roughly a lease-option-to-buy from the bank with a few more legal protections.

Don’t pay a lease and you are out. Don’t pay a mortgage and you are out.

The Earls have been ordered to move out a week from today, but their attorney, Michael Pines, says they may move back in, saying they can legally do that since the judge didn’t issue a permanent injunction.

Unless you consider being put in prison for contempt of court(they were ordered out), B&E, trespass, vandalism, felony theft(amounts greater than 10k).

He’s reportedly helped other Southern California families break back into their old homes, and Pines claims that mortgage securitization calls into question every commercial and residential loan going back decades.

I wonder how much longer this guy will have his ABA license?

[ucodegen]

It is the new entitlement mentality.

You don’t own the home until you finish paying for it. Until then, all you have is roughly a lease-option-to-buy from the bank with a few more legal protections.

Don’t pay a lease and you are out. Don’t pay a mortgage and you are out.

The Earls have been ordered to move out a week from today, but their attorney, Michael Pines, says they may move back in, saying they can legally do that since the judge didn’t issue a permanent injunction.

Unless you consider being put in prison for contempt of court(they were ordered out), B&E, trespass, vandalism, felony theft(amounts greater than 10k).

He’s reportedly helped other Southern California families break back into their old homes, and Pines claims that mortgage securitization calls into question every commercial and residential loan going back decades.

I wonder how much longer this guy will have his ABA license?

[ucodegen]

It is the new entitlement mentality.

You don’t own the home until you finish paying for it. Until then, all you have is roughly a lease-option-to-buy from the bank with a few more legal protections.

Don’t pay a lease and you are out. Don’t pay a mortgage and you are out.

The Earls have been ordered to move out a week from today, but their attorney, Michael Pines, says they may move back in, saying they can legally do that since the judge didn’t issue a permanent injunction.

Unless you consider being put in prison for contempt of court(they were ordered out), B&E, trespass, vandalism, felony theft(amounts greater than 10k).

He’s reportedly helped other Southern California families break back into their old homes, and Pines claims that mortgage securitization calls into question every commercial and residential loan going back decades.

I wonder how much longer this guy will have his ABA license?

[ucodegen]

It is the new entitlement mentality.

You don’t own the home until you finish paying for it. Until then, all you have is roughly a lease-option-to-buy from the bank with a few more legal protections.

Don’t pay a lease and you are out. Don’t pay a mortgage and you are out.

The Earls have been ordered to move out a week from today, but their attorney, Michael Pines, says they may move back in, saying they can legally do that since the judge didn’t issue a permanent injunction.

Unless you consider being put in prison for contempt of court(they were ordered out), B&E, trespass, vandalism, felony theft(amounts greater than 10k).

He’s reportedly helped other Southern California families break back into their old homes, and Pines claims that mortgage securitization calls into question every commercial and residential loan going back decades.

I wonder how much longer this guy will have his ABA license?

[scaredyclassic]

the ABA doesn’t issue licenses. each state issues its own law licenses. the ABA just has conventions and offers good deals on insurance and I think discounts on dell conputers. also they take positions on things. it’s really expensive to join. i t hink $400.00. i tried a free trial membership once but it didn’t work out for me so i cancelled.

[scaredyclassic]

the ABA doesn’t issue licenses. each state issues its own law licenses. the ABA just has conventions and offers good deals on insurance and I think discounts on dell conputers. also they take positions on things. it’s really expensive to join. i t hink $400.00. i tried a free trial membership once but it didn’t work out for me so i cancelled.

[scaredyclassic]

the ABA doesn’t issue licenses. each state issues its own law licenses. the ABA just has conventions and offers good deals on insurance and I think discounts on dell conputers. also they take positions on things. it’s really expensive to join. i t hink $400.00. i tried a free trial membership once but it didn’t work out for me so i cancelled.

[scaredyclassic]

the ABA doesn’t issue licenses. each state issues its own law licenses. the ABA just has conventions and offers good deals on insurance and I think discounts on dell conputers. also they take positions on things. it’s really expensive to join. i t hink $400.00. i tried a free trial membership once but it didn’t work out for me so i cancelled.

[scaredyclassic]

the ABA doesn’t issue licenses. each state issues its own law licenses. the ABA just has conventions and offers good deals on insurance and I think discounts on dell conputers. also they take positions on things. it’s really expensive to join. i t hink $400.00. i tried a free trial membership once but it didn’t work out for me so i cancelled.

[Wickedheart]

Funny, how the Earls neglect to mention in their sad little tale those 6 cash out refi’s totaling $504,000.

[Wickedheart]

Funny, how the Earls neglect to mention in their sad little tale those 6 cash out refi’s totaling $504,000.

[Wickedheart]

Funny, how the Earls neglect to mention in their sad little tale those 6 cash out refi’s totaling $504,000.

[Wickedheart]

Funny, how the Earls neglect to mention in their sad little tale those 6 cash out refi’s totaling $504,000.

[Author]

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