| Ads Description*: | While foreclosure rates have been at record high numbers for years now, last year reported that foreclosure rates were lower, and it seemed like everything might be starting to improve. Predatory lenders such as JP Morgan Chase, Citigroup, Bank of America and Wells Fargo were being sued not only by the federal government, but also by the Attorneys General of 49 states. It seemed like we were finally becoming free of the foreclosure fraud that had been plaguing homeowners for years.
Experts warned that the reduction in foreclosure cases we saw was only due to the fact that these predatory lenders were currently fighting litigation, and once they managed to reach a settlement we would see foreclosure rates begin to rise once more, so it was a good idea to not back down from mounting a strong foreclosure defense. This proved true, as exemplified in the state of Massachusetts where foreclosure numbers jumped from 694 in February of last year, to 1,394 in February of 2012. This shows that the banks were in fact waiting until they could reach a settlement before they started going back to their old tricks of committing mortgage and foreclosure fraud.
We thought that the Attorney General's Foreclosure Settlement would put a stop to this predatory behavior, but a leopard can't change its spots, and the banks are up to their old tricks again. Foreclosure fraud committed by these lenders was so widespread it was considered to be at an institutional level. Does anyone really believe that they will stop pursuing fraudulent foreclosures now that they have gotten their slap on the wrist and no longer have to worry about the federal government or 49 states being able to sue them for their criminal actions? This is why it is more important now than ever to make sure you have a solid foreclosure defense in place so you can fight back and keep from losing your home to a fraudulent foreclosure.
By having your home loan documents examined by a securitization audit such as the Bloomberg-based securitization audits that Tila Solutions provides, you will be able to determine if you are the victim of foreclosure fraud. A securitization audit from Tila Solutions will provided a detailed examination of your loan documents and determine if you have been the victim of robo-signing, foreclosure fraud, and if your home loan has been properly securitized. If it is discovered that the note and title to your home have become separated, then your lender may not have any legal right to foreclose, making any foreclosure activity a fraudulent foreclosure.
If you need to mount a strong foreclosure defense, then don't hesitate to contact Tila Solutions. For over a decade, Tila Solutions has been looking out for the homeowner and helping them with fight foreclosure with their Bloomberg-based securitization audits. If you need help with your foreclosure defense, a Tila Solutions Consultant is available by telephone at (702) 508-0335. Or you can visit the Tila Solutions website at Loan modification |
