Many lenders are still continuing to foreclose homes wrongfully. Many US cities are being affected by wrongful foreclosure. Denver, Colorado is just one place where homeowners continue to suffer. Colorado law allows lenders to continue the foreclosure process even if there was an error to begin with, and even when mortgage modification is said to [...]
Facing eviction, a Chicago family is refusing to leave their home after a wrongful foreclosure. The Tellez family hadn’t missed a mortgage payment since they were granted a modification, however, received a strange letter in the mail with information on their mortgage. After calling the number listed in the letter, they learned that their modification [...]
Central Florida homeowner, Patsy Campbell, has been fighting to keep her home for over 25 years. Ms. Campbell is a 71 year old insurance agent retiree. She has lived in her home since 1978, and has not made a single mortgage payment since 1985. Ms. Campbell fell behind on her payments after an illness caused [...]
Home foreclosure can be a confusing process. Many homeowners are faced with stress and anxiety when dealing with the thought of loosing their home. Because of this fear, many families just sit back and let the foreclosure process happen. The good news is, there are ways to avoid home foreclosure. Foreclosure defense attorneys help families [...]
The numbers never lie and depending on which source you sight the numbers is between 70%-90% of all residential loans since 2003 contain some sort of fraud or predatory lending. Even on the low end the numbers are staggering considering millions of mortgages have been funded and sold since then. What exactly does fraud or [...]
By law a homeowner is suppose to receive all closing documents three days prior to any real estate closing. Allowing that homeowner enough time to intelligently decide if the terms and condition contained within the loan is what was originally sold to them and make sure all terms and agreements meet the approval of the [...]
No it is not the traditional dance we are all accustomed to seeing at a 50th birthday party, but rather one of the most powerful foreclosure defense strategies a homeowner can use. Imagine being able to persuade the judge to suspend the foreclosure case for months on end while the lender pulls their hair out [...]
What most people are unaware of is the importance of the chain of title. You see, the only person who can foreclose on a property is the person who owns the promissory note and deed of trust (together they make up the mortgage). The promissory note is the loan documents – how much was borrowed [...]
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