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I HEAR YOU AND THE PEOPLE WHO DID THIS WILL HEAR FROM US BOTH

By
Real Estate Broker/Owner with people first...then business Ran Right Realty 636943 licensed to thrill

When someone is held against their will as in captured and held for ransom or to make a point, there is a well documented syndrome that kicks in called the STOCKHOLM SYNDROME. This is where the captives start sympathizing and even supporting their captors. An emotional unhealthy bond is established based on all the wrong reasons

THE BANKS

The banks have us all held captive with their secret agendas and business plans. Agents all over the country are forced to surrender to the confusing policies of these hostage takers. Borrowers were the first to be taken followed by their representatives. Currently, no visible or transparent plan has been introduced by them to deal with their defaulted inventories

PLEASE STOP...NO IT TOOK AGGRESSIVE ACTION TO STOP THEM

It took the FILING of criminal charges based on FRAUD to get these institutions to give up their destructive and dysfunctional business practices. We tried suing them first civilly and that only caused us to play their game of which they excel at.

TWO FACES AT WORK...WHY?

Now, the banks are your friends. They are there for you and want to help you. You walk into any institution and you are greeted and welcomed like a long lost friend or relative. But the back end and the different departments go about their nonsense day to day...

BACK IN THE 1930'S...THEY GOT THEIR COMEUPPANCE

A bank is not a business. They want to be badly, but they just don't get it. You see no one ever had to critique a banking institution until the great recession hit. Quickly multiple errors where discovered and laws passed to better protect THE PEOPLE from bank failure and harm

FRIENDS IN HIGH PLACES?

It wasn't until NOW that we see first hand how 70 years later all those rules and watchdogs prevention agencies failed again and a great light has be shined on banks once again. They are not business people and they want desperately to be so but wont let go of the big stick they carry labeled "my way or the highway"

WE ARE YOUR FRIEND SAYS THE BANK

The current crash started on around 2006-07 and 5 years later we are finding out how inept banks and their policies are. Do not buy into their campaigns and marketing which is nothing more than mass hypnosis at work. I have yet to hear or see any real change in regards to the bank interacting with Real Estate that favors the defaulted borrower or Real Estate agent

Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

So Richie... what do you suggest people do to avoid interacting with these banks? Just curious!

Apr 30, 2012 06:03 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Richie to Rich..An excellent and honorable question....thank you. Tolerating a short sale, foreclosure, loan mod or unreasonable appraisals, and response times is the gauntlet we run, but liking it never....If we don't complain, there will be no change. In addition, I am an advocate of rewarding good behavior and not rewarding bad behavior. In going to negotiate some business recently at B of A, the manager relentlessly pursued me to open accounts there. After declining and not wanting to engage her, she asks me why in all honesty wouldn't I do business with them. I said to her do you really want to know? Because she insisted, I told her the truth....Her response...NOTHING...She had NOTHING to say about the back end of her operations. Foreclosing on military personnel who were fighting overseas so she can play at bank manager really tied her tongue. Until they can come with a satisfactory response and a mutual resolution to handling mass failure based on fraud, I stand by these beliefs...So far, only criminal prosecution has succeeded

Apr 30, 2012 06:24 AM