Sunday, February 5, 2012

: Use Forensic Document Reviews To Stop Predatory Le

Ads Title*:Use Forensic Document Reviews To Stop Predatory Lending
Ads Description*:It seemed like with predatory lenders such as Bank of America, JP Morgan Chase, Wells Fargo, GMAC and others being exposed for their unethical and criminal behavior that we would start to see conditions in the housing market improve. Yet, we continue to see financing on home loans remaining harder and harder to obtain, and it has become obvious that these lenders have no desire to put their predatory ways behind them. We are even beginning to see a resurgence of sub-prime mortgages that caused this mess in the first place. On top of that, many American homeowners have unknowingly become trapped in predatory loans and other lenders have once again been approving loans that they know the borrower will not be able to keep up the payments on.

When someone finds themselves trapped in a predatory loan and a victim of predatory lending practices, they don't think they have any options to fight back and do something about it. The lenders encourage this myth. They want you to think that they have all of the control and that you have none. They are going to tell you that the only options you have are going to either be to refinance (which has been incredibly hard for a lot of people to be approved for), sell their home or be foreclosed on. There is hope though, in the form of forensic document reviews.

Having forensic document reviews performed on your home loan is a good idea because they will be able to make sure that your mortgage 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 wrong doing 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 forensic document reviews.
Website:http://www.tila-now.com/
Name:subprimeloan subprimeloan
Address:
Phone Number / Email:(702) 508-0335



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