“$2,000 for a home or a family, that they want to offer. A settlement? That’s absurd!”
Some might say living rent free in a 5 bedroom house in a gated community for 3 years is “absurd”. LIKE ME! 
Take your $2k and rent a U-Haul Danny. Don`t let the gate hit you in the @ss on the way out.
Will the foreclosure settlement help hard hit Floridians?
February 10, 2012 12:41 AM
PALM BEACH COUNTY, Fla. — Most states in the U.S and some of the nation’s biggest banks have reached a $25 billion settlement over foreclosure abuses.
Some officials say this is good news for homeowners hit by foreclosure. But some in South Florida say it’s not all that great, and it will do little to help. That includes homeowners such as Daniel Cianciotto who lives in Canyon Lakes west of Boynton Beach with his wife and two small children.
Cianciotto is 24 months behind on his mortgage payments (he must count like the people who keep track of the shadow inventory). The bank is in the process of foreclosing on his house. What does he think of the $25 billion settlement the government has reached with the banks?
“I’m very disappointed. It’s a slap on the hand for the banks.”
He thinks the government is letting the banks off the hook too easily, with this $25 billion settlement.
“It’s a sellout, it’s a sellout by the government. They shouldn’t be doing that at all.”
He says it appears the settlement would do little for homeowners like him going through foreclosure. Under the terms of the settlement, homeowners in foreclosure could get a check for $1,500 to $2,000.
“$2,000 for a home or a family, that they want to offer. A settlement? That’s absurd!”
Like many homeowners in south Florida, Daniel is upside-down on the house. Meaning he owes more on the mortgage than the house is worth. He feels the settlement is a joke and it will do him little good.
Read more: http://www.cbs12.com/articles/cianciotto-4738741-homeowners-foreclosure.html#ixzz1lylchTCv
Name: CIANCIOTTO DANIEL &
Mailing Address: 10635 HILLTOP MEADOW PT
BOYNTON BEACH FL 33473 4837
Sales Date Book/Page Price Sale Type Owner
Jan-2006 19852/0374 $646,000 WARRANTY DEED CIANCIOTTO DANIEL & ($0 down Danny is being robbed of the American dream!)
Oct-2005 19429/0838 $476,630 WARRANTY DEED MITCHELL BRIAN &
Type: MTG
Date/Time: 1/26/2006 15:32:18
CFN: 20060052882
Book Type: O
Book/Page: 19852/401
Pages: 10
Consideration: $129,200.00
Party 1: CIANCIOTTO DANIEL
CIANCIOTTO ALISA
Party 2: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
FIRST MAGNUS FINANCIAL CORPORATION
Legal: CANYON LAKES L219 L
Type: MTG
Date/Time: 1/26/2006 15:30:41
CFN: 20060052878
Book Type: O
Book/Page: 19852/377
Pages: 21
Consideration: $516,800.00
Party 1: CIANCIOTTO DANIEL
CIANCIOTTO ALISA
Party 2: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
FIRST MAGNUS FINANCIAL CORPORATION
Legal: CANYON LAKES L219 L
Type: LN
Date/Time: 4/3/2008 13:53:02
CFN: 20080125836
Book Type: O
Book/Page: 22550/1493
Pages: 1
Consideration: $0.00
Party 1: CANYON LAKES HOMEOWNERS ASSOCIATION INC
Party 2: CIANCIOTTO ALISA
CIANCIOTTO DANIEL
Legal: CANYON LAKES L219 L
Type: LP
Date/Time: 10/20/2008 11:46:32
CFN: 20080382093
Book Type: O
Book/Page: 22913/311
Pages: 2
Consideration: $0.00
Party 1: AURORA LOAN SERVICES LLC
Party 2: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
CANYON LAKES HOMEOWNERS ASSOCIATION INC
CIANCIOTTO ALISA
DOE JANE
CIANCIOTTO DANIEL
DOE JOHN
Legal: CANYON LAKES L219 L
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