If Obama brings up this woman and her foreclosure her is what they are not telling you:
"The reality behind the often reported story of an ACORN member who is part of the San Francisco Occupy movement is far more complex than the mainstream press has told the public. Donna Vieira, a frequent spokesman for the 99% who tells the heartrending tale of having her home foreclosed on, is actually referring to a second home in another state that she and her husband paid nearly $750,000 for."
"Nobody is going after the big banks. And loss and pain and suffering doesn't matter to the regulators," Vieira said."
"the home was foreclosed on in Reno was not the Vieira family's place of residence. It was, in fact, a second home of the family, who actually live in San Leandro, a medium-size residential community just across the bay from San Francisco."
"Apparently it wasn't hardship on the part of the Vieiras family. They simply stopped making payments to Wells Fargo because they felt that an appraisal conducted by an independent firm was "fraudulent."
"While boasting about the couple's "near perfect credit score," the article also reveals the fact that the family sends their son to private school, despite the good public schools in the area.
"We can't send Leo [to the public school], because I don't have the time to help him with his homework or to track his progress in school," she said."
"both Donna Vieira and her husband areâ€"wait for itâ€"licensed real estate appraisers. The court also points out that the contested appraisal was performed four months after the Vieira family had already entered into a contract to buy the home. Both the Vieiras also testified that they did not rely on the appraisal when they agreed to buy the house for $715,000 because they had experience in valuing real estate and believed the asking amount was fair. They never even inquired about the results of the appraisal in question until a year after escrow closed on the house.
The “Faces of Foreclosure†article puts the value of the house at $565,000, but the district court documents says that the Vieiras agreed to pay $715,000."
bigjournalism.com
This woman is a perfect example of what's wrong with America!
And to think Obama wants to buy votes by paying off $20,000.00 of these mortgages with money collected by taxes from those that struggle to actually pay their mortgages.
