Monday, July 29, 2013

with error code and documentation

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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