Search Results - mortgage foreclosure fraud

1. Consumer Action Law Group Provided a Quick Guide on How to Stop Foreclosure without Bankruptcy
April 19, 2016

Los Angeles, CA - Foreclosures in California remain steady. In spite of a strong economy, many borrowers are still struggling to pay their mortgage. Losing a job or sudden illness can cause a default. When a notice of default is sent to a homeowner, many people are told that bankruptcy is the best way to stop a foreclosure. However, not all homeowners qualify to file bankruptcy to stop a foreclosure. There are also many borrowers that do not want to file bankruptcy, for many reasons. How to Stop Foreclosure There are many ways to stop a foreclosure without having to file bankru... (read more)

Author: John Doe

2. Mortgage Attorneys Can Help Homeowner Save Home from Foreclosure
November 26, 2015

Los Angeles, California - Mortgage servicing fraud has affected many homeowners in the wake of the financial meltdown and still persists today.  Many mortgage fraud activities are occurring without the awareness of the average homeowner. Common examples include “losing” documents sent by the borrower, denying modifications without adequate review of the application, breaching a valid contract such as a trial modification agreement, and failing to comply with SB900 requirements that protect the homeowner from illegal foreclosure. An experienced mortgage attorney will identify the l... (read more)

Author: John Doe

3. Mortgage Lawyers at Consumer Action Law Group Sue Lenders for Mortgage Fraud
November 23, 2015

Los Angeles, California - Mortgage servicing Fraud is still common years after the passage of the California foreclosure law SB 900 in 2013. The law was passed after the financial meltdown as kind of a “Bill of Rights” to keep homeowners from losing their homes.  The law was supposed to protect homeowners from illegal methods used by mortgage companies to foreclose on properties.  While there has been some progress in reforming this practice, many mortgage companies continue to foreclose illegally on properties; often without the homeowner’s knowledge of the foreclosure laws that protect... (read more)

Author: John Doe

4. Scam Alert: Don't Be Fooled By Foreclosure Scams
October 05, 2013

If you are struggling to keep up with the payments on your mortgage, you are not alone. Many people are behind in their mortgage payments. There are plenty of reasons that people are in this situation, but the reasons are not that important. What these people want is to find a way out of their bind before they lose their home in foreclosure. The desperation that people feel when they are struggling to keep their home causes them to make bad decisions. If they are not careful, they could get further into trouble if they fall for a foreclosure scam.The types of foreclosure scamsThere are many di... (read more)

Author: Amy j

5. Questions Related to Mortgage Fraud Laws
July 21, 2013

Mortgage fraud happens when somebody materially misrepresents facts on a mortgage loan application to get a loan or to increase the amount of loan. However, this type of fraud can happen in many different ways. It includes foreclosure rescue schemes, loan modification schemes, illegal property flipping, builder bailout, equity skimming, home equity conversion, mortgage and commercial real estate loans when perpetrators try to defraud people financially. Looking at the seriousness and enormity of such illegal acts, the FBI investigates them from two different angles, such as fraud for profit ... (read more)

Author: Meghan Jones

6. Have You Checked The Essence Of Accounting for Mortgage Servicing Rights
July 18, 2013

Due to govt involvement in the real estate market, scams has become widespread in the home loan loaning market, and property owners may be able to increase this problem when protecting against a property foreclosure court action. Fraud is determined as a deliberate fraud which results in damage to a person. There are a number of components of a scams case in order to consider it scams. These consist of the following. The declaration must be a incorrect and content misunderstanding. The individual creating the fake declaration must know it is incorrect or be unaware of its reality. The ... (read more)

Author: anuraag webmaster

7. Florida Property Investment Tips
May 11, 2013

However, it is imperative that you examine the property in person before making any buying decisions. The Foreclosure Fraud Act went into effect on October 1st that forbids companies that claim to stop foreclosures or perform any sort of mortgage-related rescue services from performing any kind of service without first drawing up a written agreement with their clients. Now, you won't get that with a new home in the UK for the same price! When purchasing a vacation home in Florida, it is important to consider the taxes that you will need to pay that is real estate based, the type of homeowner's... (read more)

Author: Laura Jarrell

8. The Wall Street Scam: Securitization Is Illegal
April 18, 2013

Along with all of the other revelations of Banks being found guilty of perpetrating fraudulent foreclosures, by forging and fabricating foreclosure documents, the exposure of deposition testimony by Robo-Signers who have admitted their fraud, and the Bank's corrupt law firms, which were hired, and submitted these fraudulent documents in court, in order to perpetrate their fraud upon the courts, now comes one of the, if not THE biggest SCAM perpetrated by Wall Street to recently be exposed.The clever, and complicated process of creating mortgage backed securities, or the securitization of your ... (read more)

Author: thehomeowners revolt

9. Report Your Securitized Loan To The IRS
April 18, 2013

As more time passes by, we are finding out all of the dirty little secrets that Wall Street, and the Banks kept from us, in order to make trillions of dollars in the mortgage backed securities industry, at the expense of the unsuspecting American Homeowners, and the world economy.The latest scandal to be exposed is that when Wall Street and the Banks securitized your loan, it was illegal pursuant to the Securities Act Of 1933.There are many elements to the illegal securitization of your loan, but in this article we will focus on the IRS violations of law, and how this could bring the Securitiz... (read more)

Author: thehomeowners revolt

10. Don't Let Your Bank Foreclose Without A Fight!
April 18, 2013

Are you facing foreclosure? Have you checked to see if the bank really owns your mortgage? Did you check to see if your loan has been securitized?Unfortunately, many unsuspecting homeowners don't know their rights under the law. Even if you have failed to make your mortgage payments, you still have legal rights. It has been said that only 10% of homeowners in foreclosure challenge the banks, or fight their foreclosure, while 85 to 90% of all loans originated contain some form of Federal violation, which could be grounds to rescind your loan (give the loan back, and the bank gives you all of yo... (read more)

Author: thehomeowners revolt

11. Take Your Property Back Free And Clear In 90 Days!
April 18, 2013

One of the latest, powerful, and most liberating foreclosure defense strategies being employed by homeowners is the new "Title Reconveyance Strategy". Companies are touting that they have GREAT NEWS! THE WAIT IS OVER! The program homeowners have ALL BEEN WAITING FOR, THE "90 DAY TAKE BACK PROGRAM" has arrived! Its been uploaded to their site, and is ready for download NOW!This powerful program allows homeowners to 100% legally reconvey the property title back into their names. This program empowers the homeowner like Donald Trump, and teaches them that they now have the power to say YOU'RE FIR... (read more)

Author: thehomeowners revolt

12. Banks Found Guilty Of Foreclosure Fraud
April 18, 2013

As A Result Of the Recent Investigation Launched By The Florida Attorney General's Office, Bank Of America, GMAC Bank, JP Morgan Chase, and others, have All Been Found Guilty Of Foreclosure Fraud.Depositions By The Banks Employees Revealed That The Banks Have Been Forging, Falsifying, And Fabricating Documents In Order To Foreclose On Millions Of Homes Owned By Unsuspecting American Homeowners.Additionally, Wells Fargo Bank Has Admitted To 55,000 Counts Of Perjury In Submitting False Affidavits To The Courts In Its efforts to fraudulently Foreclose on homeowners. To add to this disgusting, and... (read more)

Author: thehomeowners revolt

13. Springhill Group Home - Fraud Prevention Against Mortgage
April 10, 2013

Fraud Prevention Against Mortgage The distraught state of the national housing market, combined with high unemployment, has shaped a lush environment for deceitful fraudsters looking for a chance to take advantage of frantic homeowners. Several homeowners who go with loan modification or foreclosure “rescue” companies for assistance in the end discover that they have been scammed. An up-and-coming inclination in latest months engages mortgage aid relief scams. This scams intent homeowners by means of promising to save them from foreclosure, or maybe get them a reverse mortgage or at least... (read more)

Author: Spring Hill

14. Gauging The Worth Of Distressed Property Purchases
April 03, 2013

Although Bloomberg reports that many current mortgage note owners are keeping their payments up at 4-year highs, embattled areas such as Florida, New York and Washington State still report heavy real estate foreclosure percentages. They show little hope of forthcoming. Add growing cases of mortgage fraud and creditworthiness milestones being increased, and getting into these homes proves more hassle than it may be worth. Curious investors, newly formed families and large companies seeking new headquarters often wonder just when – and how – the scramble for distressed property purchases ensues... (read more)

Author: Jacquelyn Marks