Tag Archives: Banking

Bank of America Loan Modification Horror Story Video Series Gains in Recognition on the Banking Poor You Tube Channel

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San Diego, CA (PRWEB) November 27, 2012

When Southern California filmmaker De Veau Dunn went to Bank of America to apply for a refinance on his property loan, he had no thought he would be provided a loan modification that would swiftly turn into a fiasco. The information of his predicament were in the end featured in BloombergBusinessweek. Dunn was asked to give a death certificate numerous instances, along with other financial documents, in order to complete the financial transaction with Bank of America.

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Initially, I thought the bank was generating fairly a handful of mistakes with all of their repeated, outrageous requests, but they continued this madness till I started broadcasting their shocking Bank of America loan modification horror story on social media, said Dunn.

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The “Bank of America Wants You to Die Prior to they Modify video that Dunn released has received close to 30,000 views on the Banking Undesirable Youtube Channel. When asked what prompted the creating of the video Dunn replied, Initially I did not want to make a video about this experience, but I felt I required to produce this project in case there were other folks out there that had been silently enduring this type of abuse. It turns out Dunns instincts were correct, as his very first video has received quite a quantity of emails and remarks on the Banking Poor YouTube channel. Most of the comments and emails Banking Bad has received talked about the identical sorts of troubles with loan modifications that he highlights in his first video.

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Dunn says, In the end, I am extremely satisfied to be a portion of a movement that sheds light on abuses by banking institutions that may possibly have otherwise been swept beneath the rug or forgotten. It feels very good realizing that I am helping other homeowners in the process of modifying their home loans to attain some degree of financial relief.

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Dunn has also teamed up with home owners advocate Steve Triebernig, who hosts the Facebook web page Preserve Bank of America Truthful. Steve has been instrumental in helping a quantity of homeowners in dealing with the banks in order to save their homes through his firm All Things True Estate that was nominated for a Far better Company Bureau Integrity Award All factors Actual Estate is located in Minnesota.

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Dunn concludes, So far, the real advantage of all of this has been tapping into a vast social network of consumers that are in some way being adversely affected by the sometimes appalling behavior of large banks. Men and women have been connecting and reaching out to “Banking Negative” on the Banking Undesirable Twitter feed, Facebook and YouTube channel. Social media has truly changed the speed and volume in which the globe can connect and make progress.

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About Banking Poor:&#13

The Banking Bad site and YouTube channel are dedicated to educating and informing the public of strange or immoral activities involving banking institutions. Banking Bads social media expertise enables customers to join the conversation and exchange info about their newest loan modification or banking pitfalls or successes.

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Related Loan Modification Press Releases

Company and Banking Attorney Jack Easterbrook has joined Structure Law Group, LLP in San Jose

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San Jose, California (PRWEB) September 07, 2012

Tamara Pow and Mark Figueiredo, founders of Structure Law Group, LLP in San Jose, are pleased to announce that John (Jack) Easterbrook has joined the firm. Mr. Easterbrook represents monetary institutions, company entities and folks in matters regarding industrial debt financing, true estate transactions, loan workouts, insolvency and creditor’s rights matters. Tamara Pow stated, We are thrilled to have Jack join our firm. We have frequently relied on his knowledge in the past and we are thrilled to have him in-property now so that we can seamlessly provide his solutions to our customers. &#13

Mr. Easterbrook joins Structure Law Group from Silicon Valley Law Group in San Jose. Prior to becoming an lawyer, Mr. Easterbrook worked for Wells Fargo Bank in industrial asset based lending and management positions, and he has given that represented quite a few industrial banks and parties dealing with debt financing problems. Line group knowledge in the banking business gives Mr. Easterbrook the potential to strategy legal issues with a keen eye for creating sensible, enterprise options.

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Mr. Easterbrook has in depth experience in the following locations:&#13

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Negotiating, structuring and documenting loan transactions such as financings secured by organization assets, intellectual house, genuine property, or mixed collateral, and structuring complicated debt transactions involving several parties including trusts and guarantors.&#13

Representing customers in the sale and assignment of loans, such as loan participations.&#13

Negotiating dilemma loan, real estate, construction, and contract disputes working with lenders and borrowers to create techniques for addressing dilemma credit transactions and formalizing them with forbearance agreements, or loan modifications.&#13

Representing creditors in bankruptcy and insolvency proceedings to assert and shield rights, including getting relief from the automatic remain, establishing cash collateral orders and other “1st day” agreements, asserting lease rejection claims for landlords and defending preference claims, and negotiating or litigating rights below safety agreements.&#13

Analyzing and taking action on matters arising below the Uniform Commercial Code involving the taking and perfecting of security interests, and protection of the rights of an owner or a lender in house positioned with vendors or third parties. &#13

Enforcing lenders treatments in state and federal court litigating lender liability claims representing clients in matters involving writs of attachment, writs of possession and appointment of receivers conducting discovery, drafting motions and advocating on behalf of clientele in court.&#13

Addressing legal issues that may possibly arise in non-judicial foreclosures of true and individual property collateral litigating judicial foreclosure actions operating with title businesses and trustees regarding foreclosures.

In addition to holding a J.D from Santa Clara University, Mr. Easterbrook also holds an MBA from U.C. Berkeley. He has published quite a few articles, and most lately an post with the Day-to-day Journal titled: Forging Into the New Year: Renewed Self-assurance Amongst Industrial Banking Lenders. &#13

Mr. Easterbrook has also received the distinguished AV Peer Assessment Rating of 5. out of five. from Martindale-Hubbell

Go Banking Prices Releases Latest in Series: Six Possibilities for When A Person Can not Afford their Mortgage

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EL SEGUNDO, CA (PRWEB) October 31, 2012

Foreclosures hit a record high in August 2011. Despite the fact that they have considering that dropped about 13 % from that peak, the housing saga continues to unfold as high unemployment prices and financial stagnation leave property owners broke and occasionally unable to make their mortgage payments. In its most recent feature, and as a component of an ongoing series exploring the existing challenges home owners face when it comes to property loans, Go Banking Rates expert contributor explains the choices accessible to mortgage holders who can no longer afford their payments.

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The six options, which variety from working to make the loan a lot more inexpensive to providing up the house all together, contain:

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MSN Real Estate Functions Banking Bads New Strategy of Addressing Grievances with Large Banks

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San Diego, CA (PRWEB) December 12, 2012

A multitude of bank buyers have complained about the loan modification approach, but one Bank of America consumer, De Veau Dunn, took his grievance to a new level. Dunn developed a internet series titled Bank of America Desires You to Die Prior to They Modify soon after Bank of America repeatedly requested a death certificate along with other economic documents to full his loan modification.

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Dunns network is named Banking Undesirable and was lately featured on MSN Real Estate. A simple monetary transaction turned into a real life document mystery, said Dunn, who turned to social media to voice his discontent following he felt Bank of America was mishandling his economic transaction. I am a bit shocked to see the Banking Negative YouTube Channel get so several responses from dissatisfied consumers going by way of similar scenarios with massive banks. There is a real require for improvement from a buyers standpoint, continued Dunn. De Veau employed social media as a tool right after continually reporting banking problems and concerns to the bank itself through emails, letters, and telephone calls, but still not getting the problems resolved.

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Bloomberg Businessweek also did a function story on Dunn and his Banking Poor channel. Businessweek week reporter Karen Weise stated, Dunns creation stands out for its higher production worth and at instances humorous writing. Dunn said in response to the Businessweek report, The mentions are good, but the point of this channel is to assist individuals that may not otherwise have a voice and may well be silently enduring abuses from some big monetary institution. If the media shines light on some dark banking practices, then it is truly worth it to me. With over 30,000 views and well over 800 subscribers on YouTube, the Banking Negative channel appears to be gradually becoming a voice for many disgruntled consumers along with the Banking Poor Facebook web page. One Youtuber in a comment left on the Banking Bad YouTube page stated, Thank you for putting such a compelling voice to the discomfort of so numerous of us.

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Dunn has also teamed up with homeowners advocate Steve Triebernig, who hosts the Facebook web page Maintain Bank of America Truthful. Steve Triebernig has been instrumental in assisting quite a few home owners in dealing with the banks in order to save their residences via his organization All Factors True Estate. Steves firm has been nominated for a Greater Company Bureau Integrity Award and is positioned in Minnesota.

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To date there have been two episodes released in the Banking Bad series. Banking Negative Episode 1 chronicles the story of “Dee”, who was looking for a loan modification with Bank of America. This transaction became increasingly far more complicated when the bank sent two separate letters saying, “they need to have” a “Death Certificate” as one particular of their specifications to approach his loan modification. Banking Bad Episode two explores loan modifications on a larger scale. Via broadcasting his story onto social media, “Dee” becomes a significant contributor to a increasing network of customers banning with each other to cease negative behavior from huge banks. The principal character, Dee, interviews a residence loan advocate who in turn provides lurid specifics of why some house loan modifications get stalled.

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About Banking Undesirable: &#13

The Banking Poor site and YouTube channel are committed to educating and informing the public of strange or immoral activities involving banking institutions. Banking Bads social media encounter which includes the Banking Undesirable Twitter page enables customers to join the conversation and exchange data about their newest loan modification or banking pitfalls or successes.

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Associated Loan Modification Services Press Releases

Bank of America Loan Modification Response Video Featuring Attractive Vampires Debuts on the Banking Bad YouTube Channel

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San Deigo, CA (PRWEB) December 27, 2012

The Banking Poor YouTube channel just recently completed the second video in a series of brief films that addressed a shocking banking scenario with a colorful cast of characters. Banking Undesirable Episode two features a quirky banker (with less than personable client service abilities), a pair of sexy vampires operating at a mortuary, and a comedian. All of these characters work in an revolutionary and inventive collaboration in order to assist tell the tale of a outrageous banking encounter, which is based on actual events. The Banking Poor channel has been featured on Bloombergs Businessweek and has been written up in MSN Real Estate.

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Nicholas George, author of the film generating book Film Crew: Fundamentals of Specialist Film and Video Production, makes his contribution to the series by playing a modern day day vampire variety who performs as an undertaker. It was a wonderful deal of entertaining to portray such a macabre and mysterious character, and hopefully that segment added some comedic relief and extra entertainment worth to the Banking Poor show. mentioned George, But it was also a great feeling to be a element of a project that brings focus to financial and social issues that influence so several individuals on a individual level.

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The Banking Poor YouTube channel seems to be steadily becoming a platform for a lot of disgruntled buyers to voice their personal experiences with the banks. Banking Bad has also teamed up with homeowners advocate Steve Triebernig, who hosts the Facebook page Hold Bank of America Honest. Steve Triebernig appears in the newest episode of Banking Undesirable and has been instrumental in helping many home owners in dealing with the banks in order to save their properties through his business All Factors True Estate. Steves business has been nominated for a Much better Enterprise Bureau Integrity Award and is positioned in Minnesota.

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The Banking Poor YouTube channel began recently with zero subscribers, but had swiftly gained viewership. The channel now has over 31,000 views and close to 1000 subscribers. As more and far more men and women use social media as a way to reach out to big corporations and try to have a optimistic influence on the buyer service they receive, Banking Negative intends to help give a voice to the average customer. Shoppers are welcome to use the Banking Undesirable Facebook web page or leave comments on the Banking Bad YouTube channel or web site.

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About Banking Bad: &#13

The Banking Poor internet site and YouTube channel are dedicated to educating and informing the public of strange or immoral activities involving banking institutions. Banking Bads social media expertise such as the Banking Negative Twitter web page allows users to join the conversation and exchange details about their newest loan modification or banking pitfalls or successes.

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Stopping Online Banking Fraud By means of Anomaly Detection

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San Jose, CA (PRWEB) June 03, 2013

nProtect, a worldwide Net and mobile security leader, announced the release of nProtect Fraud Detection Technique, to offer financial institutions with a solution to proactively avoid on-line banking fraud.

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Detecting on the web banking fraud and taking actions following they occur can cost financial institutions millions of dollar in loss. As soon as on-line fraudsters have currently produced fraudulent transfers, economic institutions might not be able to recover the lost income. Usually malware utilised by fraudsters target certain financial institutions infecting several customers at when, the monetary loss can be higher and brand substantially broken.

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Just before fraudulent attacks occur, monetary institutions require to concentrate on detecting anomalous transactions and stopping them in advance. Monetary institutions have all the essential details transaction amount, date, place, and frequency to monitor and detect abnormal activities to safeguard their on the internet banking consumers.

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nProtect has released the nProtect Fraud Detection Technique (NFDS) to monitor and analyze on-line transactions for abnormal behaviors and safeguard monetary institutions and users against net fraud. The NFDS answer collects details to generate a pattern DNA for each on the web banking client and detects paterns and blocks the transactions in genuine-time. Administrators are alerted of policy rule violations and reports and statistics are accessible for regulatory compliance and auditing.

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The monetary institutions can monitor the online banking clientele geo-place to IP address to be utilised to generate person evaluation of pattern. By picking much more in-depth info such as the clientele operating method, MAC address, and proxy IP, economic institutions have a greater probability of blocking fraudulent transactions and tracking down online fraudsters.

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Although its often important for online banking consumers to have anti-malware tools that can aid avoid on-line frauds from occurring, adding a number of layers of safety is advised to safeguard the financial institutions and on-line banking consumers private identity and money.

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About nProtect, Inc.

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Founded in January 2000, nProtect, also known as INCA World wide web, is headquartered in San Jose, California and gives online and mobile banking/payment safety to monetary institutions. More than 100 million endpoint users from a lot more than 1,020 organizations rely on nProtects on the web security solutions to secure their personal computer and mobile devices against malware, phishing, and number of other security threats even though meeting regulatory compliance specifications such as FFIEC Guidance. Global economic institutions such as Bank of America, Deutsche Bank, ING, and HSBC trust and use nProtect safety answer.

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nProtect was awarded a single of the Fastest Increasing Firms by Deloitte.

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For more info, contact nProtect Inc.&#13

Tel: 408-477-1742&#13

E-mail: sales(at)nProtect(dot)com&#13

http://www.nProtect.com

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