A friend of mine that worked at Countrywide Home Loans and ended up losing everything. He launched this new blog at Sue the Banks.com and I thought that I would give it a plug. Here is an excerpt.

The only website dedicated to tracking and reporting on the lawsuits against banks, lenders, builders, investment brokerages and anyone associated with what is known as "subprime slime."

Countrywide Home Loans and Angelo Mozilo are the poster child for SuetheBanks.com. Yes, there are many other lenders and banks that contributed to the mess that we are in today. But none come close to the decade of greed and decadence that came from this lending and banking institution.

I should know, I worked there for several years and "know" what happened behind closed doors.

Everyone in our country has now been affected by terrible lending practices and imprudent lending standards. From my now ex-colleagues to investors, cities and to the poor homeowners who are losing their homes because of loans that I never should have gave them. You see, I was a loan officer and I am ashamed of my past. I live with my shame every day as I drink myself to sleep on my dirty studio apartment floor.

Reality blogging at its finest!

 

1 Comments on Sue the Banks.com

AUG
06
2008
Outside Blog

Hi Moe,

Thank you for your post. Listen, we all have contributed to this mess one way or another. But instead of beating yourself up, concentrate on making things better. It seems to me like your doing just that. Thank you for being a part of the solution. And remember:

Yesterday is history, Tomorrow is a mystery, and Today is a gift. That's why we call it the Present. Make the best of today and things will be better tomorrow. :-)

11:35pm • #1

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Moe Bedard

Temecula, CA

More about me…

LoanSafe.org

Address: Temecula, Ca

Office Phone: (888) 516-1116

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My name is Moe Bedard and I am Founder of LoanSafe.org and LoanWorkout.org. My mission is to educate consumers about the loan modification process and inform homeowners that there is free foreclosure help and tools to help stop foreclosure. Let's fix these loans and save people's homes!


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