: Don’t Trust Your Lender To Give You A Loan Mod
Ads Title*: | Don't Trust Your Lender To Give You A Loan Mod |
Ads Description*: | Every day there is more and more news about how predatory lenders such as Bank of America are taking advantage of their customers. It has to make you wonder why anybody continues to do business with them, and especially makes you question why anyone who is having trouble making their monthly mortgage payments would attempt to deal with them at all when it comes to getting a loan mod. Especially when you take into account the fact that these same lenders are the ones that initially approved homeowners for these predatory loans. Now we are expected to trust them after all the damage and trouble they have caused when it comes to approving a loan mod that will help troubled homeowners escape from a predatory loan? The Obama administration's HAMP program was a step in the right direction. HAMP was designed to help prevent people from losing their homes to foreclosure by making it easier for people to obtain a loan mod on their mortgage. This would allow people to get out of predatory loans such as adjustable rate mortgages and get into fixed mortgages at lower interest rates that would make monthly mortgage payments much easier to afford. The main downside to HAMP though is that it was a completely voluntary program. Most of the major lenders in this country have decided to participate in HAMP, but they have once again found ways to bend and twist the rules so they don't have to play fairly. This is why nearly 80% of all loan mod applicants have been denied their loan modification. Of course, there is no appeals process, and the only recourse homeowners have is to continue to deal with their lender and start the application process all over again. While this is happening, the predator preying on hard working homeowners is busy drawing up foreclosure paperwork with no intention of actually helping homeowners out. You can get the help you need by working with a qualified loan modification attorney, and having a forensic loan audit that will examine your loan documents for violations in TILA and RESPA on the part of your lender performed on your home loan documents, you can get the help and leverage you need to get your bank to negotiate favorable terms for a loan modification for you. This is why if you need foreclosure help, you should contact a reputable audit company such as Tila Solutions to give you the foreclosure help you need. For over a decade, Tila Solutions has been looking out for the homeowner with their forensic loan audits and securitization audits, and they can put you in touch with a reputable loan modification attorney. If you need help stopping foreclosure, a Tila Solutions Consultant is available by telephone at (702) 508-0335. Or you can visit the Tila Solutions website at predator preying. |
Website: | http://www.tila-now.com/ |
Name: | predator preying |
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