20 years of loans with the same bank, major equity built up from turning dumps into lovingly cared for charming homes...and my sole retirement money was in the houses..20 years of hard hard work for me...all rented..i had the best medical insurance at the time..still, recovery took over a year longer than anticipated and i dipped into my equilty..back to work, commission only in real estate..bam, in a minute compared to the rest of my life, house values in some places here were halved, no one was buying anything, and banks did not give a crap. I had already been set back by the illness and then the collapse..all of a sudden, i couldn't get money..wamu shut off my home equity line for no good reason..along with millions of others.. 4 of my properties were with chase..and i know every single tactic, every single thing they did, when it was instituted, when they changed, how they have helped ( only in 2012) and how they didn't help before then and now...i was terrorized by them ..at one point i thought about writing a note and blowing my brains out in their parking lot..yes, it got that bad..i know every bs thing they do..i lost my home to foreclosure, i sold one short sale, i moved into my oldest home which was a rental and fought like hell to keep it, and i have one other which i'm fighting like hell to keep ane dealing with the same crap..I was interested in what Barofsky had to say because I lived thru it..first hand...customer service reps treating you like dog turds.lost papers..he said and then he lied about it..unbelievable stupid stuff.
I used direct quotes from Barofsky when I sent my applications for an independent review before the deadline in December.. That was the deal that the banks made with the state attorney generals in order to minimize their liabillity to the people they screwed over. .I suggested that anyone reading my request for compensation read Barofskys book. You had to prove you were financially harmed. Such a joke. 20 plus years of never a late payment with the same bank for all my properties, perfect credit, secure lifestyle,...to rolling pennies to eat over the last 5 years.
Thank God he wrote that book. We needed him to do just that. He exposed Geithner for his role in it and I know Geithner ruined a lot of lives. He's put a major stumbling book in the evoloution of his soul. Pitiful morally bankrupt excuse of a man.