This secret congressional testimony was surreptitiously transcribed and delivered anonymously to me by a high-level government employee who had recently been foreclosed by Cerberus Servicing Systems, a little known, but highly aggressive foreclosure company.  Cerbrus’ namesake is the mythical three-headed dog, guarding the gates of Hell, preventing those who enter from ever leaving.  Cerberus Servicing goes after those borrowers the Big Banks wants to teach a “lesson” to, since it requires a uniquely demonic set of skills. Cerberus’ trademark tactic is to pretend to be interested in assisting homeowners to modify their loans, using platitudes such as “We Care” and “We’re Here to Help,” while simultaneously commencing a foreclosure against them. Cerberus personnel are known for their perverse enjoyment of intentionally losing a homeowner’s modification paperwork and then ignoring their pleas to postpone the foreclosure sale so they can re-send their loan mod documents a 4th or 5th time.  PCQ Continue reading “Breaking News: Big Bank Spills All To Secret Congressional Committee!”