Mortgage, Loans, Insurance, Real Estate, Investment, Tax and Financial Services

Americas Watchdog Says Auction Rate Securities Victims Need To Stop Waiting & Act Now

(PRWEB) August 4, 2008 -- Americas Watchdog has been fighting for victims of the US auction rate securities scandal for nearly six months. Auction rate securities victims can call Americas Watchdog anytime at 866-714-6466 for free help and advice.

According to Americas Watchdog, "actually this is more than just a scandal, it is the worst case of fraud in US history, and we are doing everything we can think of, to help the 150,000 auction rate securities victims. We were happy to see Citi Group and Merrill Lynch get added to what will soon be growing list of big US or European banks or stock brokerage firms under investigation. Expect two more big US banks in the next two weeks". That's the good news.

Now The Bad News For Individuals With Auction Rate Securities:

According to Americas Watchdog, "we have been involved in helping in federal & state investigations before, and don't get your hopes up. The best you can expect is about the same as a auction rate securities class action-------ten cents on the dollar. We are advising against class actions, we are strongly encouraging auction rate securities victims to call us, so we can explain the restricted trading network, and give them the names of the best securities arbitration attorneys in the country". Auction rate securities victims can call Americas Watchdog anytime at 866-714-6466.

Americas Watchdog is also warning;"there are only a handful of securities arbitration attorneys in the country that:

* A. Know what they are doing &

* B. Will not rip you off either by going into arbitration not knowing what they are doing, or charge you a huge retainer fee & then never hear from them again".

If you are a victim of the auction rate securities fraud involving auction rate shares (ARS), auction rate preferred shares (ARPS) & especially those of you who have student loan auction rate securities (SLARS), call Americas Watchdog anytime at 866-714-6466 or visit their web site at Http://ARSWatchdog.Com

From a statistical standpoint only 1 in 10 individuals involved in a scheme like auction rate securities get their money back. According to Americas Watchdog, "we want every victim of the auction rate securities fraud to get as much of their money back as possible, and arbitration is the only way it will happen". Even with the UBS e-mail, or what we expect to come out of Wachovia, Citi Group and Merrill Lynch, its only worth something in arbitration, where you might get attorneys fees and or punitive damages".

"As long as we are talking reality, we are also advising all auction rate securities victims to have their stock broker or bank manager/investment officer to put in writing that everything will be ok, or don't worry we are working very hard at fixing this". Its a lie that they will not put in writing. This is especially true for those of you who were defrauded with student loan auction rate securities". (same as cash, liquid, no risk=fraud and a lie)

Americas Watchdog says, "if you have student loan auction rate securities, if your auction rate securities statement shows a mark down, if your stock broker or banker is not returning your calls, we will help you fight to get your money back. After talking to over 2000 victims, many of whom are senior citizens, working class people or disabled people, who were all cheated by their bank or stock broker with ARPS, ARS or SLARS, Americas Watchdog will not back down for one simple reason- its now personal".

Auction rate securities victims can call Americas Watchdog anytime at 866-714-6466 or visit their web site at Http://ARSWatchdog.Com

"Americas Watchdog is devoted to the idea of getting every auction rate security victim as much of their money back as possible, from stock brokers and banks that lied about a safe, just like cash liquid investment".

"The gloves are off".

###

Student loan consolidation with federal debt program
If you are a college student (parents please take note), this Federal Government program can help you cut monthly payments on your student loans. You can consolidate now and lock in a low fixed rate. When you consolidate student loans with a Federal Consolidation Loan, you not only can take advantage of these low rates, you can lock in that rate for the life of your loan. One easy process, one low fixed rate, one low monthly payment, one lender. This is a free U.S. Government program (no fees or other charges). Really Great Rate is an authorized agency for this program - you can check your eligibility in a minute or two, with no obligation

Home Equity Loans: Expert Tips and Advice
Get expert advice, tips, and timely information. Manage your own Real Estate and Investment Portfolio to generate an income so you can take control of your financial life and do the things you want to do.

MORE ARTICLES:

Refinancing With A Second Mortgage Or Home Equity Loan
If you're looking into refinancing your home and have a second mortgage or a home equity loan or line of credit, in some cases you may be out of luck If you want to refinance your primary loan, you first must convince the lenders holding any second position loans to agree to continue to be in a subordinate position behind the new primary loan

Cash Out Refinance Mortgage Loans – Home Equity, 2nd Mortgage or Cash Out Refinance Loan
There are some definite benefits to doing a cash out refinance. Just make sure that overall you are not going to be spending more money in fees and interest doing a cash out refinance as opposed to a home equity loan.

Bad Credit Home Loans - Dealing With Bad Credit Mortgage Companies Online
Dealing with mortgage companies online can enable you to get a home loan even with bad credit. Bank associates' skepticism and talk around are avoided when you apply online with a mortgage broker.

Adjustable Rate (ARM) Mortgage Holders Should Refinance to Fixed Rates, Recommends the Katz Mortgage Team
Katz Mortgage Team, www.KatzMortgageTeam.net, of Amtrust Mortgage Corporation, has announced that Fixed Mortgage Rates are now at their lowest point in over a year. They are officially changing their recommendation from "HOLD" to "REFI" for many of their clients who took advantage of the extremely low adjustable rate mortgages of 2002 and 2003.

Loan Application Mortgage Rate Calculator for your Mortgage Loan
Are you thinking of purchasing land, a piece of property, or your dream house? Then maybe you have considered applying for a mortgage loan. If you have already decided that you are getting a mortgage loan, then let a loan application mortgage rate calculator help you.

Interest Only Home Equity Loans Featuring a Fixed Second Mortgage Rate from BD Nationwide
BD Nationwide Mortgage introduces an affordable only home equity loan that features an interest only payment option with a fixed rate. This second mortgage allows borrowers to get a fixed mortgage rate while also benefitting from a reduced payment and increased cash flow. Homeowners have the luxury of converting their home equity line of credit into a fixed rate second mortgage while keeping the interest only option. BD Nationwide has released several new second mortgage products in 2006 that have offered additional "cash out" opportunities for homeowners without requiring them to refinance their existing first mortgage.

Bad Credit Home Loan Mortgage Services - What To Consider When Applying For A Mortgage
Most new homebuyers are unfamiliar with how mortgage loans work. Because of this, several people accept bad loans. This results in homebuyers paying more than necessary. If you have bad credit, accepting a mortgage with good terms is a must. Many lenders prey on those with bad credit. Their objective is to charge higher fees and boost their profit. Before applying for a mortgage loan, consider the following factors.

Low Rate Home Equity Loans - Refinancing For A Shorter Term And Better Rate
Looking for a better rate is a common reason people choose to refinance their home equity loan. But did you know that shortening your loan term can save you more money than reducing rates? Combine the two and you will save yourself thousands in interest costs and trim years off your payment schedule.

Bad Credit Mortgage Company - Recognizing Mortgage Lender Scams
Mortgage lenders recognize the value of owning a home. Because some people will not easily qualify for a home loan, several lenders have begun offering home loans to tailor a variety of needs. For this matter, bad credit mortgage lenders have gained widespread popularity. The majority of bad credit lenders are sincere in their efforts to help you finance a home. However, some lenders are only concerned about their profit, and will not offer the best rate and terms.

Home Mortgage Lenders - How to Find A Good Mortgage Broker Online
Mortgage lenders have set up shop online, but they aren't all reputable mortgage brokers. To find a good mortgage lender you need to compare rates and research to find reputable companies.

Refinance Mortgage Rate and Mortgage Rates
Refinance mortgage rate is the best rate available to qualified homeowners for refinancing their current home mortgage. Refinance mortgage rates vary from product to product and customer to customer.

Home Equity Loan Broker Awarded Preferred Mortgage Broker Status for Second Consecutive Year from IHE
For the second consecutive year, BD Nationwide Mortgage Company was awarded "Preferred Broker" Status from Irwin Home Equity for home equity loans and 125% second mortgages. IHE announced last week that BD Nationwide was extended this award for their exceptional level of expertise for home equity loan origination. The preferred status gives BD Nationwide a significant edge because they are one of the few mortgage brokers in the country who can offer large home equity loans to a 125% loan to value. Most lenders and brokers are restricted to $50,000 or $75,000 loan amounts but BD Nationwide is able to offer these high LTV second mortgages for loan amounts ranging from $100,000 to $200,000 to qualifying borrowers across the country...

Refinancing Your Home Equity Loan Or Refinancing Your Home Equity Line Of Credit
Ask yourself these questions before you refinance your home equity loan or line of credit:

Newest Rate and Payment Mortgage Calculators for Home Loans from The Mortgage Store Online
The Mortgage Store Online (TMSO) today released its complete set of free home mortgage loan calculators on their website at themortgagestoreonline.com. These highly accurate mortgage calculators use current and true rate information to give borrowers the most realistic mortgage payment calculations.