The District Chronicles

Jessica, great article and thanks a lot for all the tips!! I will forward your article onto a friend who is looking at getting a mortgage.

Regarding FORECLOSURES, the FBI and Congress needs to investigate, and property owners need to Be WARNED about mortgage lenders' falsified IRS form 1099-A's or 1099-C's. Here's the gist of what I 'm talking about, and a link to my August 8, 2008 entire statement posted at:
www.lawgrace.org.

. . .As your records show, GE Capital Mortgage Services, Inc., became defunct in year 2002 when it merged into GE Mortgage Services, LLC, its "successor.". It is impossible for foreclosure auction to have LAWFULLY been carried out in 2005 on behalf of non-existent GE Capital Mortgage Services, Inc. Also, it is NOT POSSIBLE in 2005 for Wells Fargo to continue being the "mortgage servicer." Further, if my property was acquired by GE Capital, there is NO LAWFUL REASON for the 1099-A to exhibit Wells Fargo's name; and contrary to that1099, the Fair Market Value was not $12,000. Overwhelming evidence shows that, using defunct GE Capital's identity, debt collector Herschel A**** fraudulently seized and flipped my property. A lot of foreclosed property owners will one day discover a 1099-A or a 1099-C in their names for which the IRS wants answers.

Barbara Ann Jackson

Unfortunately there's a lot of scams out there. For us college students, some other scams to watch out for are "free" ringtones that trick you into signing up for an overpriced subscription service, weight loss products that don't work (wu yi green tea, acai berry, etc.), and easy money schemes like Jeff Paul's Shortcut to Internet Millions, Google Cash, Rich Jerk, Passport to Wealth, etc. etc. You may see many of these scams advertised on Facebook, so be careful out there!!