Are you upside down in your mortgage and cannot refinance your home, sell your home, or are you thinking of walking away from your home or investment property? We have solutions to avoid foreclosure and regain the lost equity in your home. Whether you are current or not, we can assist you with regaining what most every home owner lost during the housing bust. If this sounds like the answer you have been waiting for, please give us a call at 1-800-686-5288—we’re eager to be of assistance to you.

With our program, we have options to assist saving your home from foreclosure and eliminate your negative equity. How? Our law firm files a lawsuit against your lender and upon successful settlement  reduces your loan balance, reduces your interest rate, and lowers your mortgage payment to a long-term, sustainable payment.

Some History

Before 2000, buying a home was a fairly simple, straight-forward arrangement. A potential borrower would find a home they wished to buy and a lender willing to loan them money. The lender would appraise the property, assess the borrower’s credit worthiness and lend the money, secured by the property. The borrower would pay the loan and get clear title or the secured property would be foreclosed upon if payment could not be made. A simple, straight-forward arrangement.

• Beginning in the early 2000’s, the arrangement became more complicated with the introduction of Mortgage Backed Securities. Lenders found a way to significantly increase profits, but did so in a way that was unstable, unsafe and ultimately destructive. Their actions are widely seen as the cause of the downturn in the economy, creating the need for a taxpayer bailout, and fueling a foreclosure crises that shows no signs of slowing down.
• A federally chartered bank would extend a loan on a residential home evidenced by a note and secured by a trust deed or mortgage. The bank would then immediately turn to Wall Street investors, organized by investment banks as Bear Sterns, Goldman Sachs, Lehman Brothers or Morgan Stanley, to purchase the income stream from the loan. The bond evidencing this income stream was typically called a Collateralized Debt Obligation (CDO).
• The CDO investors, in turn, would typically transfer the risk of homeowners defaulting on their mortgages to other investors via a credit derivative, typically called a Credit Default Swap, which acted like insurance on the CDO.
• Meanwhile the investor hired a loan servicing company to interface with the homeowner/borrower. That loan servicing company is paid based on services they provide: a little for collecting and passing on payments, a little more for harassing homeowners who have missed a payment, BUT a lot for conducting a foreclosure.
• They are paid little for doing a loan modification, and often don’t have authority to modify the loan terms even if they wanted to do so. Loan services are economically incentivized to foreclose. The principle party in economic interest, the contract party on the Credit Default Swap, is powerless to push the loan servicer to modify the loan or work out an arrangement by which a family can stay in their home.

What does it all mean?

We represent your home, in a multi plaintiff  lawsuit in Federal court against your lender citing breach of contract. We will negotiate a settlement that often results in the elimination of your negative equity on your home’s mortgage and a dramatic reduction in payments.

Did you understand securitization?

IF your loan is shown to be securitized and you can answer truthfully that you did not understand that your loan would be securitized you are automatically qualified and eligible to participate in the lawsuit. It works and you can start as soon as today.

• Because you didn’t understand securitization and its impact on your relationship with the lending bank; and,
• Because the lending bank knew full well they were going to securitize your loan and shunt you off to a loan servicing company with little authority and a negative financial incentive:
• There was no meeting of the minds!  Your contract is void and unenforceable.

This long-cited legal doctrine has been applied successfully hundreds of thousands of times—it is time to apply it to the mortgage securitization boondogle.

CHANCE OF SUCCESS

• There are no sure things in litigation—but THE FIRM WOULDN’T TAKE YOUR CASE UNLESS THEY BELIEVED WE WOULD WIN.

Goal For Our Clients Who Join The Law Suit

•      We will fight for a settlement tailored to the client’s needs:

• Adjustment of loan principal amount to reflect market value of property.
• Reduced interest rate to reflect current market rates.
• Get Lender/Bank to waive deficiency lawsuit after short sale.
• Clean up derogatory credit of the client via the settlement agreement

We offer a free consultation with absolutely no obligation whatsoever. It does not matter if you are behind on payments, struggling, and facing a short sale or you are current and need some options. We can assist you. Call us today.1-800-686-5288

We Bring Hope

The national mortgage delinquency rate is at an all time high. The real estate crash and credit crisis have created a perfect storm battering millions of home owners. Families, just like yours, are struggling to pay their mortgages, often times for reasons beyond their control.

Many families face foreclosure because their income is down and yet their mortgage remains high. Not only is their credit being destroyed, but they also stand to lose the equity they have worked so hard to build.

Fortunately, our expertly crafted programs are specifically designed to help homeowners in need. We offer assistance through several personalized programs: our Principal Reduction Program  through proven litigation methods. We may help you avoid foreclosure on your home and while eliminating negative equity. Allow us to give back to you what you worked hard for—the dream home for you and your family. If you owe more than what your home is worth and you’re seeking negative equity help, we encourage you to seek advice from one of our Mortgage Solution Specialists so we may present to you a better option.

To Join the Fight against your lender, please fill out our short contact form or call us right away at 1-800-686-5288. We look forward to working with you to provide a positive solution to your current mortgage situation.