Use a Forensic Loan Audit and a Loan Modification Attorney to Help Get a Loan Mod

Large banks, such as Bank of America, GMAC, US Bank, JP Morgan Chase, Wells Fargo and others have gotten so used to behaving like a large predator preying on innocent homeowners, that they have forgotten how they helped to destroy the economy by issuing millions of predatory loans that they were well aware the borrowers could not make the payments on.  These predatory lenders took advantage of homeowners by bleeding them for every penny they could get out of them before finally foreclosing and taking their homes.

Because foreclosures were getting so out of control, the Obama administration stepped in with a great program called HAMP that was designed to help prevent and stop foreclosures.  The goal of HAMP was to make it easy for at risk homeowners to obtain a loan mod that would adjust the terms of their loan to something that they would actually be able to afford.  It was a great idea, but there was just one problem with it: the banks don’t want to play nice and go along with it.

The banks were making so much money off of their predatory loans and then reselling houses that they (in many cases) illegally foreclosed on, they had no real incentive to approve a loan mod.  HAMP doesn’t have any system in place to penalize banks for not going along with it, so why should they?  This has helped contribute to a staggering percentage – around 80% - of people that applied for a loan mod to be denied.  Homeowners are told “sorry, too bad, so sad” then left twisting in the wind by who they are told are the only people that can help them – their lenders.  Homeowners that have been denied a loan mod are told to go through the entire application process again, and that maybe it will be different the next time around.  While they are waiting to hear from their lender, they are falling behind on their mortgage payments and becoming set on a collision course with foreclosure while their bank is already preparing the paperwork to foreclose on their home.

You can keep this from happening to you. By working with a qualified loan modification attorney, and having a forensic loan audit that will examine your loan documents for violations in TILA and RESPA on the part of your lender performed on your home loan documents, you can get the help and leverage you need to get your bank to negotiate favorable terms for a loan modification for you.

This is why if you need foreclosure help, you should contact a reputable audit company such as Tila Solutions to give you the foreclosure help you need.  For over a decade, Tila Solutions has been looking out for the homeowner with their forensic loan audits and securitization audits, and they can put you in touch with a reputable loan modification attorney.  If you need help stopping foreclosure, a Tila Solutions Consultant is available by telephone at (702) 508-0335.  Or you can visit the Tila Solutions website at predator preying.

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jake cruz ..