NOVEMBER 2008

Lenders pay high priced attorneys who will “lie, misrepresent and violate the law” and will do most anything for the mortgage company they are employed by. That being said:

With all of the fraud and deception coming to light during the current foreclosure crisis, it is easy to overlook the massive fraud that has been a standard of the mortgage industry for years. When loans are originated, they are often quickly sold off to large investment banks, which then hire mortgage servicing companies to collect the monthly payments.

These servicers have ...

1.   The program is limited to owner occupied homes.
2.   Debtors in bankruptcy are not eligible.
3.   The owner must be at least 3 months delinquent.
4.   The owner cannot ...