September 22, 2016
THE DEBT COLLECTOR’S BEST WEAPON AND LOAN MODIFICATIONS
As the “loan modification” has become a household word over the last 8 years, the complaints from home owners surrounding the process have surged. Lost paperwork, lack of process transparency and lack of cooperation are definitely at the top of the complaint list. Keep in mind that both banks and non-bank servicers do NOT want […]
June 7, 2016
NON BANK MORTGAGE SERVICERS ~ DEBT COLLECTORS RUNNING WILD
As a 28 year veteran of the financial and credit industries, I remember the days when banks originated a mortgage and collected interest to make their fortunes. Those days are gone….long gone…their exodus has created a giant monster, known as the “non-bank mortgage servicer.” Don’t get me wrong, non-bank servicers have been around for a […]
September 30, 2015
LOAN MODIFICATION DENIALS AND DECEPTION RUN WILD
The aftermath of the 2008 financial crisis has left a myriad of problems on the foreclosure front. Home owners have been “brain washed” to believe that their lender is looking out for their best interest. The Federal Government has implemented a long series of loan modification programs designed to cure foreclosure crisis. The programs have […]
September 1, 2015
THE PERILS OF CHAPTER 7 BANKRUPTCY AND LOAN MODIFICATIONS
The perils of Chapter 7 bankruptcy and loan modifications The Great Recession that wreaked financial havoc on so many families, has left deep battle scares. Some of the most complex scars surround Chapter 7 bankruptcy and home ownership. Many home owners have been ill advised on the actual repercussions of mortgage loans and discharged debt. […]
June 8, 2015
SHOULD I HIRE AN ATTORNEY FOR FORECLOSURE DEFENSE / LOAN MOD HELP?
This is a question that has baffled many distressed home owners for years. You would think the answer to this question is a “no brainer” yes. However, the contrary has really been the case per past record. Though retaining an “attorney” allows you to flex your muscles somewhat, that flexing can be very short lived. […]
May 26, 2015
THE BANKS ARE DESIGNED TO TO COLLECT MONEY
Are you aware of why you’re constantly hearing this coined phrase, regarding any form of communication with the bank? “This is an attempt to collect on a debt, any information obtained will be used for that purpose!” Let’s think about what that really means? The collector on the other end of the phone is paid […]
May 9, 2015
Loan modification denial? Here are your next best moves!
The term “loan modification” has become a household word over the last 8 years. Spurred by the financial crisis and housing meltdown, the era of modifying mortgage loans has lingered on at a very high rate. This particular era is something that nobody wants to deal with….the banks, homeowners, government & taxpayers all wish to […]
March 25, 2015
PREDATORY ACTION WITHIN LOAN MODIFICATION CONTRACTS
Make no mistake about it, the level of abuse on home owners has hit new highs when it comes to loan modifications. Distorted account balances, padded escrow accounts, unnecessary balloon payments, missing amortization schedules, false or no truth in lending statements, phony trial plan offers and incorrect math calculations run wild within the industry. These […]
January 15, 2015
FORECLOSURE AND COLLECTION ABUSE WITHIN THE NON-BANK MORTGAGE SERVICE SECTOR
It is hard to fathom how fast the non-bank mortgage service sector has grown, and how profitable it has become. It is a business that essentially grew from nothing, based on defaulted mortgages and the financial crisis. Essentially it has grown from the garbage….and the garbage man is making a fortune. Firms such as Ocwen, […]
We take initial action on your case FREE of charge. We will file the initial Federal and State level complaints FREE of charge. Our case service fees are the LOWEST in the industry, about 65% lower than our competitors.
The PDFs below are actual case files that we have completed for our clients.
Well, you better think twice. The foreclosure process is extremely complex and the banks are more aggressive than ever. Serious increases in property values coupled with an improving economy have sped up the foreclosure process greatly. The banks do not want to modify your loan and will do anything to foreclose quickly.
Don't be fooled by the gimmicks that "home retention specialists" at banks use to deter you from hiring aggressive help. Do not be fooled by nonprofit counseling agencies that essentially work for the banks. The banks' ultimate goal is to keep you in the dark, take advantage of your limited knowledge and then evict you.
The attached movie clip from the film "99 Homes" focuses on the deception used by banks during the foreclosure process. It focuses on real life and real consequences, not the fairy tale story told by banks and government agencies.