By Ryan Forsythe Often the people who come to Truth in Lending Auditors feel that they have been the victim of fraud perpetrated by the banks. The type of fraud that now has them in foreclosure, and desperately trying to get a loan mod. They often feel that the bank or broker ran a scam on them. They feel betrayed and untrusting. Often this distrust will prevent them from taking any action at all. Sadly, They’ll lose their home to…
Artikel-Schlagworte: „Loan Modification“
Are You a Victim of Bank Perpetrated Fraud?
Mittwoch, 18. August 2010How Can You Tell If You Have a Predatory Loan?
Dienstag, 17. August 2010Tila Solutions Consultants are contacted every hour of every day by homeowners who are trying to understand what a predatory loan is and to determine if their loan is a predatory loan. They feel the need to make sense out of their downward spiraling financial situations that seems to be far beyond any ordinary financial struggles. They know things are not right. They know their mortgage seems to be too high, but they don’t know if they are the owners…
Predatory Servicing Practices are Causing Many to End up in Foreclosure
Donnerstag, 12. August 2010Thousands of people are losing their homes to foreclosure or filing bankruptcy to prevent the loss of their home through foreclosure every month. In fact, recent reports from industry insiders are claiming that there are more than 7,000 bankruptcies being filed each day, while some have projected that big banks like BofA and Wells Fargo could be releasing as many as 25,000 homes to foreclosure proceedings by December of 2010. In many instances homeowners have been led down a not-so-merry…
