The federal government has initiated several programs and a lot of incentives for homeowners. The Home Affordable Modification Plan (HAMP), for instance, is something that will allow you to meet the criteria for a lower monthly payment through loan modification.
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Apply for Home Affordable Modification Program
Montag, 21. März 2011Obama’s TARP Manager Throws in the Towel
Dienstag, 15. März 2011Once again, the Obama Modification program (commonly called HAMP) is coming under fire from members of Congress. The program was supposed to help 3 million to 4 million homeowners avoid foreclosure, but it has fallen far short of that goal, and now Republican lawmakers have introduced legislation to shut it down. Originally, the HAMP Program was designed to “help responsible homeowners stay in their homes,” (an actual quote from President Obama when he announced the program). It was intended to…
How to Get Into a Loan Modification Program
Freitag, 7. Januar 2011Not many homeowners realize that the home affordable modification program was designed to help them save their home from foreclosure if they are capable of qualifying for the loan modification program. This mortgage modification can enable you to lower your monthly mortgage payments which make it a lot easier for you to budget each month.
Bank Employees Start Coming Forward with Stories of Lies & Deceitful Acts Against Homeowners
Sonntag, 2. Januar 2011From the New York Times Article, Two States Sue Bank of America Over Mortgages in December of 2010 – “Former employees said that Bank of America’s modification staff was “chaotic, understaffed and not oriented to customers,” according to a news release. One former employee said, “The main purpose of the training is to teach us how to get customers off the phone in less than 10 minutes.” “Another employee said, “When checking on a borrower’s status, I often found that…
Homeowners Must Take A Stand With Forensic Audits and Assignment Audits
Samstag, 18. Dezember 2010Last week the several major newspapers released the news that Bank of America was finding “errors” in the paperwork. The Bank claimed that they found maybe 10 to 25 errors in the first 100 files reviewed; of course many are concerned over the bank’s inability to say if it was ten or eleven, or twenty-five. This week, despite their admittance of “flawed foreclosures” (that’s just a pretty word for predatory foreclosures or fraudulent foreclosures) they announced that their Foreclosure Frenzy…
Lenders are Responsible for Predatory Foreclosures
Samstag, 13. November 2010Today’s predatory lenders are responsible for predatory foreclosures. While the lenders spend month after month pretending to modify your loan, they can and do ramrod foreclosures through at record speeds, and why? Because they don’t bother to follow the laws, regulations or guidelines when foreclosing. Predatory lenders passed out predatory loans for more than a decade, now they are actively engaged in predatory foreclosures. As has been made clear by a number of studies, news releases and private sector companies:…
Illegal Foreclosures are Opening Loan Mod Doors
Sonntag, 7. November 2010Let’s take a look at some of the more common illegal foreclosures: 1. The lender who is foreclosing on you is not the lender on your deed of trust. This is ok if all the proper assignments are recorded. Of course, the lenders set up MERS and very few loans have the proper chain of title. If this has happened to you, then you need to consider getting a Securitization audit to track the deed of trust, and to track…
Bank of America and GMAC to Resume Foreclosures
Samstag, 30. Oktober 2010Last week the several major newspapers released the news that Bank of America was finding “errors” in the paperwork. The Bank claimed that they found maybe 10 to 25 errors in the first 100 files reviewed; of course many are concerned over the bank’s inability to say if it was ten or eleven, or twenty-five. This week, despite their admittance of “flawed foreclosures” (that’s just a pretty word for predatory foreclosures or fraudulent foreclosures) they announced that their Foreclosure Frenzy…
Do I Need a Forensic Loan Audit to Help Stop Foreclosure?
Sonntag, 17. Oktober 2010A Forensic Loan Review or Forensic Loan Audit, sometimes also called a Mortgage Audit is a thorough investigation of the loan that the bank gave you. This audit is done to locate all the Federal Laws that were violated by your bank when they created the loan they offered to you or your broker for you. Tila Solutions is an Audit Company. They investigate loans given by the banks to determine if the bank violated any of the federal laws…
Bankers & Investors Planned to Profit off Your Predatory Loan.
Samstag, 16. Oktober 2010How does it make you feel to know that investors and bankers made huge profits off of you when you couldn’t make your loan payment? How does it make you feel to know that while you are struggling with a subprime loan (often called a predatory loan) there are bankers and investors who gambled on how much money they could make when you could no longer keep up those mortgage payments? Meanwhile, while they profit, your marriage, family and finances…
Lenders Are Still Foreclosing in 27 States
Sonntag, 10. Oktober 2010Over the past several days three of the major banks have released to the news that they have stalled foreclosures. A closer look reveals that the lenders, GMAC, Chase, and Bank of America have only stalled foreclosures for an estimated two to four week window in 23 states. The 23 states are those Which specifically use the judicial system to get foreclosures completed. This means that if you are in a state that does what is known as a non-judicial…
How Good Are Your Chances For a Loan Modification?
Donnerstag, 30. September 2010There is nothing more powerful than a forensic loan audit to stop a foreclosure, stall a foreclosure, or prevent a foreclosure, and then successfully bring loan modifications to the homeowner. The success rate using Tila Solutions is greater than any other approach currently known. Let’s see how this rates against other common approaches taken. Scenario One: You contact the bank, fax in the documents they request so that you can see if you qualify for a loan mod. Happily you…
Save Your Home From Foreclosure Before It’s Too Late – Obama’s Making Homes Affordable Program
Montag, 27. September 2010Abilene, TX September 27, 2010 – Obama’s Making Affordable Homes Program is intended to assist people who are in difficulty or soon would be and are at risk through their mortgage and are heading towards foreclose, even though they do not understand it yet. This government plan Facilitate you through a loan modification. Few loan modification programs that are part of making homes affordable offers lenders cash incentives to aid homeowners out in pain. Making Affordable Homes in actuality has…
Obama’s Federal Loan Modification Program Works To Stop Foreclosure
Montag, 20. September 2010Abilene, TX Sep-20, 2010 – You could be facing a foreclosure on your home as we speak. If this is something that you would like to avoid completely but you are unsure how to, then Obama’s federal loan modification program could be the right thing for you. It can help you your low monthly payments and interest rates to a point where they become a lot easier for you to manage. Obama’s federal loan modification program could very well be…
Will a Forensic Loan Review Truly Help To Stop Foreclosure?
Mittwoch, 8. September 2010By Karen Myers There is a homeowner hotline at Tila Solutions that you can call. Their consultants will interview you and help you identify whether or not you should get your loan investigated because of the possibility that you are in a predatory loan. They can help you determine if your loan is in need of a Forensic Loan Audit. They can help you determine if the Forensic Audit may help stop a foreclosure. In many cases, when the lender…
Why Are You Listening to Your Lender?
Dienstag, 7. September 2010Looking around on the internet, one very clear statement comes across – Lenders lie to homeowners. Why are you listening to your lender? The most common lie is that the lender really wants to help you, and is working on a loan mod for you, but actually he is just stalling while he waits for the foreclosure to complete. Tila Solutions saves homeowners from these lies every day. Tila Solutions conducts forensic loan reviews for homeowners. Tila then helps them…
Statistics Reveal at Least Half the Foreclosures are Cured-Foreclosure Profitable to Banks
Freitag, 3. September 2010In most states, foreclosure is initiated after three payments have been missed. In most states, the beginning of foreclosure is a document known as the notice of default. It will be mailed to the property address, and often nailed to the door of the property as well. In some states foreclosure is judicial – meaning the process has to go through the courts, in other states foreclosure is non-judicial and can be done through a trustee, such as a title…
Your Lender is Not Your Friend
Mittwoch, 25. August 2010Once you have missed a payment the lender is not your friend. Missed payments equal more money for the lender. The more the lender gets, the happier he is. The best way for the lender to get more money out of you is to increase your monthly payment through accrued interest from late payments or missed payments, late fees and penalties. It is a real money maker for the lender. This has always been a fact and all homeowners know…
How Can I Stop Foreclosure with a Forensic Loan Audit?
Samstag, 21. August 2010When homeowners get turned down by the bank for a loan modification, a forensic loan audit is the essential tool to use in turning that around. Banks are not and never have been in the business of helping people; they are in the business of making money. The lender sees no good reason to give you a lower payment just because you are experiencing hard times. They are only interested in seeing the loan they gave you “perform” – which…
The Federal Loan Modification Program Assists Millions Of Individuals
Freitag, 20. August 2010Abilene, TX August 20, 2010 – The recent federal loan modification program put into action with the Obama administration has totally altered the way lenders deal with borrowers who are having modifications and problem repaying their mortgage. Foreclosure has never been a circumstance which any lender likes to know is near – it’s not just borrowers who lose money from foreclosure – however prior to loan modification actually turn out to be an option in 2007, there was no option…
