The owner to stop foreclosure sales efforts to boost this week, as the
lender's evidence of misconduct was published. In the past few years, the
Attorney General of all 50 States long has announced the improper behavior of
mortgage and mortgage Service Corporation. It has become ever clearer, before
this, tens of thousands of homeowners in foreclosure complaints have legal
defense effectively, across thousands of foreclosure cases with error code and
documentation. Relying on the "robot signer" and invalid file, banks, lawyers
had engaged in not allowed procedure, causes the court denied the bank for
redemption right decision. The court also ruled on the bank trying to sell "pick
payment" or adjustable rate plan. In this environment, the form of the defensive
more homeowners in foreclosure documents with the local court to save their
homes and stop foreclosure. In today's environment, foreclosure complaint or the
movement to stop foreclosure sales answer is a powerful tool, can lead to stop
the foreclosure process.
This paper will summarize the current mortgage
foreclosure scandal is how developed, foreclosure prevention opportunities
available to industry mainly to stop foreclosures and save their family. the
first phase of the crisis (just like 2008 - 2009): news section of lenders and
loan servicers financial and legal violations reported occasionally mortgage
foreclosure case quantity increased
Never notarization and / or submitted
documents that, in violation of the basic rules need to be notarized; Failure to
provide notification before and during the legal owner foreclosure. Although the
extent of this kind of practice is obvious, it has become increasingly clear,
the lender almost did not take into account the welfare of the general public.
For example, the lender filed against their livelihoods have been destroyed by
the tragedy in foreclosure in the Gulf of Mexico coast homeowners. From 2009
September to 2010 September, about 30% of the rise in American Louisiana state
foreclosure activity. In Florida, foreclosure crisis ended in California and
Nevada, the whole community is destroyed.
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