: Free Yourself From a Predatory Loan with Forensic
Ads Title*: | Free Yourself From a Predatory Loan with Forensic Document Reviews |
Ads Description*: | Because financing and the ability to refinance your home is getting harder and harder to come by, there is a growing segment of Americans that are trapped in a predatory loan without even realizing it. Predatory lenders such as Bank of America, JP Morgan Chase, Wells Fargo and GMAC have been approving home loans that they knew the borrower would not be able to keep up the payment on. These predatory lending tactics have not only hurt homeowners with higher than normal interest rates and hidden fees, but have also caused foreclosure rates to rise. If deliberately approving home loans that they knew would go into default and foreclosure wasn't bad enough, it turns out that their predatory lending practices also include blatantly violating state and federal TILA and RESPA laws. It is estimated that over 80% of mortgage loans currently have multiple levels of violations at both the state and federal levels. High interest rates, excessive fees as well as incomplete loan applications and incorrect dates are all examples of the violations that forensic document reviews can find. Once these violations have been identified, you have hard evidence that you were the victim of a predatory loan. If you are working with a qualified loan modification attorney while trying to obtain a loan modification, the evidence that forensic document reviews, such as forensic loan audits and securitization audits provide, can make negotiating with your bank for a loan modification with a lower interest rate much easier. Another benefit of having forensic document reviews performed on your mortgage is they will make sure that your home loan is in compliance with all state and federal predatory lending laws such as TILA, RESPA, FHA, HDMA and ECOA. You can also discover if your home loan has been securitized and securitized correctly with a forensic document review that is called a securitization audit. The large majority of home loans that have been approved over the last decade have gone through this securitization process, which means the loan can be sold and traded by the banks like a stock or bond is. If this has been done correctly, there are no problems. If it is done incorrectly, that means the bank that you originally had your loan with quite possibly no longer holds the title to your property. A securitization audit proves absolutely that there has been wrongdoing on the part of a predatory lender. If you are concerned that you are trapped in a predatory loan, you should not hesitate to contact Tila Solutions to get you the help you need. For over a decade, Tila Solutions has been looking out for the homeowner with their forensic loan audits and securitization audits. 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 foreclosure loan. |
Website: | http://www.tila-now.com/ |
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Phone Number / Email: | (702) 508-0335 |
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