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My heart goes out to this family and all who suffer in this way. I can't imagine anything more heartbreaking, short of losing a loved one, than losing one's home and belongings.

Anyone who asserts these are only material attachments should reconsider whether attachment to one's own life is "a material attachment"...Of course it is!

Never mind.

As for the "gonif" in us all -- some are conned for quite the opposite reason; that they could never imagine doing such a thing to another. Or maybe they're naive. Desperate?

Yes, by mere degrees of difference a sphere is traversed, but the whole way around is inclusive of 180 degrees as well, and some people's impulses are as different from others' as night from day.

So please -- no tidy equations for reading the underpinnings of human nature. Trusting a con MAY make one similarly prone, but not necessarily. Just sayin'.

Respect.

Mr. President why are the banking,and loan company not making loans as you promised they would do for the american people we are all hurting and not getting any help. Time for them to answer to you for not helping us the little people that keep them in business, maybe we should boycott their business. Check http://obamamortgage2009.blogspot.com/2009/03/obamas-mortgage-modification-do-you.html#comments

This is a reply also to PAUL FROM NYC. This also is oneof Mr. Paschalls children but i guess that comment wasnt meant for me because im 17 years old and soon by gods grace will be graduating next week. I hope with all of my heart that God has mercy on your soul for the comment you just made. And yes i know life goes on but when you dont even have a chance to grow off of an inheritance that was meant for you it gets hectic where you feel you can go on. You have no clue what to what iv'e gone through these last two years.Four days exact after my seventh birthday is when we were completely evicted. Not even making it completely to school and having to turn around to find my father in the dinig room with his face in his hands, you talk as if you'v been there. The struggle its been making it this far in highschool The struggle im having now to get financial help for school. And God knows i wonder how a person could sleep at night knowing what they did i wonder how you could sleep at night with what you just said and that speaks alot about the person you are and what you stand for. May God have mercy on your soul and i wish you and your family the best of luck. Because in the end this only made my family, my father whom is a pastor and me stronger.
God bless

As to PAUL FROM NYC. I am one of Mr. Paschall grown children if the only house that you have lived in all your life was wrongfully taken from you and all the worldly posessions that you have equivilated over your life span which still resides on the premisis was taken as well i would like to see you to move on. Dont judge until the MARSHALLS come knocking on your door! Or someone scams you

have a nice day

he got the house for free, he took out more then
it's value in loans which he could not repay then he tried to get even more and was cheated.
i think he and his grown children should get jobs and move on.

Dear Brian, I was touched by the story of the person who lost his home in Brooklyn and cannot afford to pay a lawyer. I think that this was because a similar thing happened to me but in another state: Georgia. I was a victim of mortgage fraud in 2002 and when I contacted the GA Attorney General, they said to try the civil case route. I had no money for a lawyer. Not only did I lose a beautiful condo in Buckhead, Atlanta, I lost my credit (once 754), my savings and have lived on charity. I hope that there is some way for people like us to both get the so called professionals who scammed us put in jail. Getting our money back would be great too. It would make me believe that someone is looking out for us. In my case, I have no children to put through collegr. I am thank ful for that because no one except me and my pets had to suffer the consequences of this mortgage fraud/foreclosure mess. With or without money to hire lawyers, our voices must count. We are citizens of this country and taxpayers and we deserve respect. There should not be a They don't matter. There are more suckers out there mentality on the part of anybody in the real estate or any other type of business. Eugenia Renskoff

people who are conned have some goniff in them themselves.

everyone has some goniff in them, themselves. It's part of human nature. I think it's a matter of whether it's expressed or not.

I often wonder if that's why more people aren't protesting the bank bailout - we were all part of the bubble, even if we didn't buy property during that time or take out credit card debt - we "benefited" indirectly through higher salaries, et cetera. Or were employed by the FIRE sector.

Having said that, people should be out in the streets over the bank bailout. It's a matter of proportion.

35 years ago I worked for my father-in-law who ran a scrupulosly honest car dealership. When I had lost another customer to another dealer's obvious low ball deal, I asked him how could people be taken in like this. He passed on two pieces of wisdom pertinent to this kind of scam: if it's too good to be true, it is; and people who are conned have some goniff in them themselves. There is no free lunch.

since the Mayor is suppose to be so knowledgeable about finances and protecting the citizens from financial fraud, what did he do to stop this fraud that was rampant. Did any of the city council members do anything like submit legislation to prevent this mortgage fraud and subprime lending. This fraud did not all happen over night.

Anybody think that the legal concept of placing a lean on someone's property allows for this sort of transaction to happen through the financial system in the first place? And did this particular fraud have anything to do with regentrification, possibly? There are some finance companies being investigated via rent stabilized buildings being used for capital and not properly maintained.
The whole idea of basing credit default swaps was working on the idea of housing prices increasing, which seems inflationary and building failure right into the whole market system to begin with [for everyone except those with the info and means to 'get away with it'].

I wonder if the Brooklyn DA would be more active in these cases if they were Dyker Heights, Bath Beach, etc...

I am a real estate investor and this makes me FURIOUS!! I, and other real estate investors I know, operate with the greatest integrity, full transparency, and absolute honesty.

I, and other real estate investors I know, would rather forego profit than erode, even slightly, the well being of a distressed homeowner.

Those who committed this crime must be punished to the greatest extent of the law.

Yes sir, come to the point of giving up. Not going to negotiate with thieves. Better off sitting waitng for the sherrif to kick in the door. Good Luck