Florida Rep Erik Fresen is Facing Foreclosure »
Posted By altnrg 2 months, 4 weeks ago in News
A Florida lawmaker is facing foreclosed home for sale because he defaulted on his loan for more than a year now. Fresen explained that he is a victim of the financial crisis and haphazard record keeping by his lender.
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Progressive2 months, 4 weeks ago
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FTA:
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Fresen will vie against Republican Representative Chris Dorworth for House speakership on 2014. Dorworth has also his own financial problems concerning a $2.7 million court ruling over an unsuccessful business deal. He is also at risk of losing his home to foreclosure.-
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wtagg2 months, 4 weeks ago
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I'm awaiting the comments from a certain group declaring that it is the representatives fault for ignorantly and stupidly taking a loan he could not afford.
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I doubt that a response will be forth coming. It is only looked upon the "entitled" as having this issue.
The issue was and is widespread and covers many different economic strata.
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Jeboba2 months, 4 weeks ago
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No one is 'safe' from the predatory practices of the mortgage industry just now. Fresen should be able to easily prove he paid the property taxes to the county. Witholding the mortgage payments is just stupid. But then the Republicans don't have any intelligent people in their party it seems.
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VOTE OUT ALL REPUBLICANS IN 2010! -
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kr1121572 months, 4 weeks ago
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"Fresen said that his property tax payments got lost in the turnover of the loan from Washington Mutual to JPMorgan Chase. He admitted that his loan is the type in which he is responsible for directly paying his property tax to the county. He added that it is one of the conditions on his purchase agreement with his lender that he pay the property tax."
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Another example of the problems of the turnover of WaMu customers to JP Morgan Chase. I still think JP Morgan Chase need to be investigated for the way they are handle the customers they took over from WaMu. First we heard of cancelled credit card accounts for customers who were up to date and now this! -
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VocalOp2 months, 4 weeks ago
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Well, I can certainly inderstand the position of many 'Publicans. We can't afford to bail out average Americans and keep the stautus quo of the wealthiest among us. We must allow corporations to continually dump their billion dollar mistakes, remain in their million dollar homes at our expense. And useless and brainless 'Publicans say, why not? - I'm just an unsuspecting dolt who can't see that I'm being taken advantage of.
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THOMNH622 months, 4 weeks ago
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your an idiot, who cares what party he is from. He is part of a larger picture that includes people from all parties, it is your party that is spending us into trillion dollar deficits, your party is to blame for the real estate crash and lending money to people who couldn't afford it any way, just google youtube and burning down the house, have the courage to admit the deals Barney the *** Fwank and Chris the lush Dodd made for themselves and their rich friends. If you think the Dems are for the little guy your an idiot
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