Fighting A Foreclosure Ponsi Scheme
The Foreclosure Fight on TV. This video from CNBC features April Charney stating the
Truth about Foreclosure and Mortgage Backed Securities. Please excuse the commercial in the beginning
This is vital information about your homeowner rights on a foreclosure and why fighting foreclosure is valid and real. April Charney is a leader in protecting homeowner rights on a foreclosure!
We all need to get the truth about our mortgage. Yes we owe the money, but who do we owe it to?
This is the big question all homeowners facing foreclosure and even all of you trying to negotiate a loan modification!
The ownership of your mortgage and foreclosure issues, broken down, are really quite simple when you look at the basics:
Who do I owe the money to? Who rightfully can claim my debt in order for me to make good on my obligation. Were there illegal activities regarding my Mortgage Loan either in the transferring of ownership or in the actual loan documents i signed? Were there federal and state laws broken?
Many attorneys and homeowners are using a tool called a Forensic Loan Audit (or Compliance Audit) to find errors and often times fraud and misrepresentations by the mortgage brokers and lenders. These errors can be used in a few ways
- To have leverage in negotiations regarding loan modification
- Defenses in Litigation fighting foreclosure
- Rescission of the Mortgage under federal RESPA and TILA if the home you live in was refinanced within 3 years. Mortgage Loan Rescission can be a little tricky but it does have legal standing in the laws of the United State!
A Forensic Loan Audit isn’t a foreclosure fix for every one and we recommend you get a free consultation to verify your situation and your loan.
We do know this… OVER 85% of the loans audited have serious errors that YOU could use! Possible proof to benefit a variety of possible defenses!
It is sad that, according to many foreclosure experts, 99% of homeowners DO NOT FIGHT THEIR FORECLOSURES!
The question we get asked frequently is: “what happens during a foreclosure?”
In answering this question, I do understand why there is so much fear,anxiety and confusion, the entire foreclosure process is foreign territory. A territory in which the residents speak a foreign language and have unusual customs! Please do not let fear or ignorance give the lender or trust the ability take your home illegally! You need knowledge! With knowledge comes confidence!You can get information about the foreclosure process and defenses on the internet and probably spend hundreds of frustrating hours trying to find answers
Our mission is to get homeowners the foreclosure help they need.
On our website, we have done the HUNDREDS of hours of research! You will save time and find tips on fighting foreclosure, what the foreclosure process is all about. Tips a regarding a possible foreclosure fix or (fixes). You will have access to self help resources and articles describing foreclosures and homeowner rights on a foreclosure. If needed,We will do our best to help you find an attorney or possibly give you the knowledge to represent your self Pro-SE. And of course we will do a Forensic Loan Audit if it makes sense!
One last thought… when you face Foreclosure time is not on your side, you need to act quickly within the laws of the state you live in. We will help you understand the language and customs of this Foreign Land you have been forced to visit. A forensic Loan Audit may be an answer.
Fear not, be brave and fighting foreclosure can be accomplished with confidence!
The author of http://www.how2fightforeclosure.com has written an excellent article. You have made your point and there is not much to argue about. It is like the following universal truth that you can not argue with: Paranoids live longer, but they get less done. Thanks for the info.