PROJECT13D.COM - Reverse Morgages & Fraud
PROJECT13D.COM -  Will media get busted taking Mortgage bribes to lie on Trump?

Reverse the curse....Reverse
Mortgages have cost thousands of elderly people their homes.

Why have  Reverse Mortgages  become a Curse to senior citizens?

Many are full of fraud and terms not disclosed to home owners. Why are so many tricked into taking these evil loans? First most of the homes are super inflated in appraisal value allowing crooked lenders to loan more on paper than the home is worth. Example a home is appraised at $400,000 for the reverse, home owner only owes $20 grand on home.
Reverse pays off the mortgage then gives homeowner $100 grand minus the $20 grand. The $80 grand is given to homeowner, the senior doesn't realize this is a 16% interest/ adjustable rate going up on the repayment of loan.

Then there's taxes & insurance on the property that senior must pay to be in good standing. This is not always clear to borrower. If the borrower is married and both parties on original deed of home it's likely the mortgage company may check medical records to see who might die first.

The unhealthiest of the two gets the loan in their name and the other spouse is removed from deed by signing a fraudulent quit claim deed. 

The other spouse is allegedly coerced to do this, not realizing this will extinguish their rights to stay in the home after the death of their spouse.
In most cases the taxes come in the names of both homeowners after the property had been foreclosed after the death of the spouse whose names in the reverse mortgage is in.  This is indication that the title company who closed the corrupt reverse mortgage was in on the loan deceit also.  Yes they don't advise the victim of what will happen if they go thru with this loan.  Once the senior has the check and is convinced, the high interest rate takes a toll on the value of the home using up the equity daily.  By the property being inflated it lulls senior borrower into thinking home is worth more than actual value.

This scam makes it easy for lender to get the cherished home and cast out borrower.


It wasn't enough that banks and crooked mortgage companies screwed millions of homeowners with adjustable rate loans and predatory lending causing the mortgage crash. Some borrowers owe back more than the home is worth because of the fraud  and can't get a new loan to refinance home.
Reverse mortgage are not suppose to go this way but too many have.  It's suppose to allow home owners to only pay back loan if they move from home, sell home, or die.

Then families of homeowner can buy back house from lender, most don't because of the cost. Next, there are the lenders who have had reports of duping customers.

Amazing in urban areas where Blacks & Hispanic seniors had lived in paid off homes they were never given Reverse Mortgages, only predatory non conventional sub prime adjustable rate loans.  Now these lenders are desperate and will do what ever to draw a dime.

Hey! it wasn't just the mortgage companies but their evil relationship between Title companies, brokers who set up fraud, appraisers, notaries/escrow agents who all feed into the fraud & corruption nationwide.
Don't forget the foreclosure attorneys they are a big part of this operation also.

As the Lord Jesus Christ lives this evil will be caught and punished. So many are desperate for finances and being tricked into this daily.

Congress has not done anything to stop this because these same demons pour millions into the campaigns of these crooked senators & congress members.

How about a case like this going before the supreme court?  Folks if you know of anyone who was done this way contact us at project 13d
on the contact page.

We want to help and allow others to reconsider reversing the curse
of reverse mortgage.

Arm pit or The muscle what is it going to be?  Most folks that are involved in mortgage fraud such as brokers, crooked judges, foreclosure attorneys, crooked title companies are arm pits, & some lenders are musty minded evil ticks who have hurt millions.
Of course there are honest people who will go the distance to help customers even making less in commissions to bless others if need be and truthful. Bravo & Blessings to them... 
Here's the challenge  friends to gather the names of these types and send them in to project at our contact info.  we want to start a list of these arm pits (people who have lied to consumers and cheated them.) You must be truthful and put only their name and their alleged evil concerning your loan.

Anyone who was involved with your mortgage loan, the title company, the trustee on your loan, see if it is a foreclosure attorney? the notary/escrow agent see if they were registered at the dept of insurance in your state & secretary of state notary dept & when.

Check out title company for same info, the lender, the broker and see if they defrauded you.

This is where you become the MUSCLE friends, and lastly judges who did foreclosures & the attorneys they may have taken bribes to do so.  Robo digest has list of notaries that allegedly worked for LPS & DOCX & Fidelity National Financial. See if names of notary & Vice President of mortgage banks appear on your foreclosure documents as assignments of mortgages at the local court house. This could validate a scam. Seeing one person as VP for 5 different banks going thru the same judge to foreclose.

**Your reward will be the following: an opportunity to have your story for the world to see on project 13d. com
Friends the only way to cure evil is exposure and sunlight.

So let the light began

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