Homeowners Recently Received Letters Regarding the Transfer of Loans to Select Portfolio Servicing, Inc.
If you feel that you've been harmed by this agreement between said banks and companies, please contact George Mandell at (203) 745-1251 to join group.
It appears that this move was made by Bank of America to deliberately exclude only certain people from a side-deal program that was agreed upon with the Federal Government to avoid prosecution and lawsuits stemming from numerous acts of fraud. The government rolled over for the agreement on the bank's terms as they once, illustrated their vice-grip on our government and their total disregard for the rights and freedoms of the American people, who should be treated equally. Yes, it appears that most of those homeowners that have responded so far are seniors, disabled and others on fixed incomes. We do expect others as we are sure that many more loans were batched together and sold for pennies on the dollar to Credit Suisse Group AG.
This group has already petitioned the ACLU to assist all group members in demanding and obtaining ample relief and punitive damages.
Interested Law Firms are also invited to respond, clients are from various U.S. States.
Group stands opposed to the following:
Bank of America, BAC Home Loan Servicing LP, Countrywide Home Loans, Select Portfolio Servicing, Credit Suisse First Boston-USA, Credit Suisse Group AG-Zurich, DLJ Investment Partners I, L.P., DLJ Merchant Banking Partners & DLJ Real Estate Capital Partners
The said loans will now be serviced by a company known as Select Portfolio Servicing located in Salt Lake City, Utah. They are only the muscle for the actual "Head-of-the Snake," which is Credit Suisse First Bank/Credit Suisse Group AG, headed by a Mr. Brady Dougan of Greenwich, Ct. Credit Suisse Group AG feels that principal reductions will not help and they won't provide them according to an interview with reporters in January 2012, Dale Westhoff, Credit Suisse:s head of global products research said “We’ve never done this before; we don’t know what the risk is,” Westhoff, a top-ranked mortgage-bond analyst in polls by Institutional Investor magazine for 15 years in a row while at Bear Stearns Cos., said today at a briefing for reporters in New York. Along with creating so-called moral hazard, the step may also tighten lending by forcing banks to offer “price protection” to borrowers, he said.
Credit Suisse’s views on principal reductions and modification put it at odds with Federal Reserve Bank of New York President William C. Dudley; Amherst Securities Group LP analyst Laurie Goodman, a member of the Fixed Income Analysts Society’s Hall of Fame; and hedge-fund manager Greg Lippmann, who last year advocated principal reductions, citing data from his former employer, Deutsche Bank AG. This makes Bank of America sound good, but they're not. Credit Suisse Group AG is a Financial Global giant that has no regard for people, they don't care who they hurt on their sociopathic-like climb to world dominance.
If your mortgage is affected by this arrangement between Bank of America, Select Portfolio Servicing Inc. and Credit Suisse First Bank/Credit Suisse AG, then we strongly suggest that you first contact William C. Dudley-President of the New York Federal Reserve Bank and Laurie Goodman at Amherst Securities Group LP before contacting Bank of America, Credit Suisse or the "Enforcers" at Select Portfolio Servicing Inc. Be watchful of any dealings and/or actions of SPS as they are the muscle for Credit Suisse, they play strictly by their rules as they've done in the past when they were known as Fairbanks Capital and the parent company at that time was PMI Group. SPS was purchased by Credit Suisse in 2025.
, if you have any problems at all, Contact the FTC immediately to submit a complaint. It would be a good thing if you visit their site anyway to see what your rights are. http://ftc.gov/
Contact information for: William C. Dudley-President Federal Reserve Bank of New York Contact: Calvin A. Mitchell III (212) 720-6136 (646) 720-6136
Andrew Williams (212) 720-6143 (646) 720-6143
Contact information for: Mr. Brady Dougan-CEO Credit Suisse Group Corporate Headquarters* Paradeplatz 8 Zurich, Zurich 8070 Switzerland Phone: 41 44 212 16 16 Fax: 41 44 332 55 55
Contact information for: Mr. Brian Moynihan-President & CEO Bank of America Corporate Center Charlotte, North Carolina 28255 Phone: 704-386-5681 Fax: 704-386-6699
Ms. Laurie Goodman-Analyst Amherst Securities Group LP 7801 North Capital of Texas Highway Austin, TX 78731 Phone: 512-342-3000 Fax: 512-342-3097 spiresfin.com
Contact information for: Mr. Matt L. Hollingsworth-President & CEO Select Portfolio Servicing, Inc. 3815 South West Temple Salt Lake City, Utah 84115-4412 Phone: (801) 293-1883 FAX: (801) 293-2555
Lastly a little about the President and CEO of Credit Suisse Group AG
see headline below from www.dealbreaker.com/
15 May 2009 at 12:15 PM
Any Chance You’ll Accept Payment In Toxic Paper?
By Bess Levin
Credit Suisse Group AG Chief Executive Officer Brady Dougan must pay a year’s worth of interest on a late $7.5 million payment he made to his ex-wife under their 2005 divorce agreement, a Connecticut appeals court ruled that Dougan, 49, and Tomoko Hamada Dougan, 52, were divorced on June 17, 2005, under an agreement requiring him to pay $7.83 million within 30 days and another $7.5 million by June 16, 2006, according to an opinion released by the appellate panel yesterday in Hartford. Dougan made the second payment 12 days late, triggering a 10 percent interest payment provision. The court epressed that Dougan “had use of $7.5 million for one year,” according to the majority opinion by Judge C. Ian McLachlan. The bank CEO “could have made that payment at the time of the judgment. Instead, the plaintiff, an investment banker,* had the use of the money with the knowledge that he would lose the benefit of no interest for that year if he failed to pay the defendant on time.
Brady Dougan's approximate worth in 2011 was listed as 77 million and his home worth 9.6 million. How can this man be the judge of what should happen to average Americans. We allege that Mr. Dougan is just another cookie-cutter mold of the majority of sociopathic politicians and bankers. These men and women unfortunately are in the majority, leaving very few to help or simply lack the courage to stand up to the all of them and demand that Congress provide meaningful solutions for them. If this is done Americans will be afforded justice, freedom of speech, liberty and equality as it was designed to do, over 200 years ago.
Mrs. Ronni Mandell (203) 745-1251