Today’s predatory lenders are responsible for predatory foreclosures. While the lenders spend month after month pretending to modify your loan, they can and do ramrod foreclosures through at record speeds, and why? Because they don’t bother to follow the laws, regulations or guidelines when foreclosing. Predatory lenders passed out predatory loans for more than a decade, now they are actively engaged in predatory foreclosures.

News reports have revealed that these three lenders were using “Robo-signers” to sign affidavits.

At the root of all three announcements are „robo-signers,” middle managers who sign affidavits that allow banks to repossess homes that are in default, without properly reviewing the loan documents. One GMAC employee, Jeffrey Stephan, admitted in depositions that he authorized up to 10,000 foreclosures a month without seeing the files associated with them. At Chase, Beth Ann Cottrell, a robo-signer in Ohio, told a lawyer in a sworn deposition that she signed off on about 18,000 foreclosure affidavits and other documents a month without reviewing all the files. -Wall Street Journal, October 2nd, 2010

Over the past several days three of the major banks have released to the news that they have stalled foreclosures. A closer look reveals that the lenders GMAC, Chase, and Bank of America have only stalled foreclosures for an estimated two to four week window in 23 states. The 23 states are those which specifically use the judicial system to get foreclosures completed. This means that if you are in a state that does what is known as a non-judicial foreclosure, such as California, then your foreclosure is not stalled.

And what can we predict for the homeowners in those 27 other states, where the lenders’ actions are not monitored by the courts? Simply put: a free for all. Homeowners please be diligent and most of all. Watch your backs! Don’t listen to your lender, don’t believe your lender. He has just lost the ability to foreclose in almost half of the US. There is only one thing on his mind: He’s got to replace those lost foreclosure revenues, and FAST!

As more and more homeowners get forensic loan audits done on the loan they were given by the bank, it becomes painfully clear that the bank violated federal laws when they gave that loan. The American homeowner has been preyed upon by the banking industry for more than a decade.

As has been made clear by a number of studies, news releases and private sector companies: the American public have been mislead to believe by both government campaigns and lender lies that the lender is actually going to help him – the homeowner, who has fallen behind by giving him a loan mod. Statistics are showing that 80% of the homeowners who try to work directly with the bank to get this “help” are in fact turned down for modification.

The lender is not going to help you – unless there’s money to be made in it for him -enough money to make it worth his while.

What is the actual fact of the situation? The banks need to appear profitable. Every year in the banking industry, the fourth quarter is the quarter to clean up the balance sheets. Now one of the best ways to do that is to remove as many non-performing loans from the books as possible. And that is done through foreclosure. The banks can also collect on insurance policies for those bad loans. And that is more money in the coffers. Coming through the fourth quarter in as profitable of a position as possible is the goal of the banker –not modifying your loan. With almost half of his foreclosure market currently gone, he is going to be in full foreclosure frenzy wherever he is not being regulated, restricted, and watched.

If you have not gotten yourself any type of professional assistance, now is the time to get it. And if you are not using forensics to show the lender the kind of illegal loan that he wrote for you to sign, then chances are you will become a fourth quarter foreclosure statistic. Arm yourself. Save your home. Don’t be mislead.

Homeowners don’t have to stand alone, they don’t have to be abused and preyed upon. They just need a professional on their side and that would be the trained professionals at Tila Solutions. Visit their website to learn more about this company and what they can do for you. Or Call a Tila Solutions Consultant at 1 — 7 0 2 — 5 0 8 – 0 3 3 5. They are busy saving homes. They know the lender lies and deception. They know how to use a forensic loan audit to actually get you a real loan modification. If you really don’t want to lose your home, just call them.

Key Words: foreclose lender, homeowners, Foreclosure, Loan Mod, Loan Modification, Predatory Loans, Predatory Lenders, predatory foreclosure, Bank of America, GMAC, Chase stalled foreclosures, forensics, forensic loan audit

By Helen Johnson

From the New York Times Article, Two States Sue Bank of America Over Mortgages in December of 2010 -  “Former employees said that Bank of America’s modification staff was “chaotic, understaffed and not oriented to customers,” according to a news release. One former employee said, “The main purpose of the training is to teach us how to get customers off the phone in less than 10 minutes.”

“Another employee said, “When checking on a borrower’s status, I often found that the modification request had not been dealt with or was so old that the request had become inactive. Yet, I was instructed to inform borrowers that they were ‘active and in status.’ One time I complained to a supervisor that I felt I always was lying to borrowers.”

From an email that Tila Solutions received from a former bank employee:  I have just in the last 2 weeks resigned my position from one of the top 3 banks in the country. I  had been working in the Prime Mortgage Department talking to hundreds and hundreds of delinquent homeowners,  who have been anywhere from 1 to 18 plus payments delinquent and/or in various stages of loan mods, or declined for loan mods.  I have been one of the top performers in that department, earning monthly bonuses, and then just recently, I was recruited to work on the foreclosure affidavit re-views and to re-work and an re-submitt them to continue the foreclosure process.  I am sure you’ve been reading in the newspapers about that mess and a lot of it is true.

In talking with hundreds of delinquent homeowners, it has just blown me away, at how unaware they are of what is going on and how they believe everything they are told by the employees of the banks.

From an anonymous phone call by a BofA Employee to Tila Solutions:  “BofA finds ridiculous ways to disqualify people for loan modifications, one trick is to tell them to send in a list of documents, and then disqualify them because they didn’t send in one document – which was never asked for by the bank in the first place.  Another trick they have is to disqualify anybody that has some extra money in savings.  BofA currently has 80,000 files for loan mod from last December that they are just getting to.  Oh and by the way, it only takes two days to do a loan mod.”

From a homeowner who called in to Tila, “I was referred to your company to get help on my loan mod.”  When asked who referred the homeowner, they said that they were not supposed to say who, but that it was from a person who worked inside BofA and knew of Tila Solutions, and told the homeowner that if she really wanted to save her home to call Tila Solutions.

The reason Tila Solutions is able to effectively help save homes is because they know how the banks operate.  They know the banks lie, cheat, mislead, and outright steal people’s homes.  For these reasons Tila begins all new cases by investigating the bank’s loan and or foreclosure either with a Forensic Audit or a Securitization Audit.  They make it clear to the bank that the homeowner is not in the wrong, the bank is.  From this groundwork they then move through all the bank lies and deceit and get that homeowner a loan mod.

Often other Audit or Loan Mod companies fail to get the job done simply because they too are a) believing what the banks say, and b) they don’t have any negotiations power.  Tila does not operate that way.  Listening to and believing the banks is the best way to lose your home.  Instead, get smart.  Get Forensics and/or Securitization audits done by Tila Solutions and have them negotiate with the bank for you.

Tila Solutions looks out for you.  Their audits will prove you were wronged and they will use those audits to help you get a loan mod.  A Tila Solutions Consultant is available for people by telephone at  (702) 508-0335.  Or you can visit the Tila Solutions website at www.tilasolutions.com.  They will help you and your family.  They are on your side.

Tags : BofA, Bank of America, loan mod, loan modification, foreclose, foreclosure, Tila Solutions, Tila, loan, audit, fraud, forensic audit,  Securitization Audit, fraudulent loan modifications

Last week the several major newspapers released the news that Bank of America was finding “errors” in the paperwork.  The Bank claimed that they found maybe 10 to 25 errors in the first 100 files reviewed; of course many are concerned over the bank’s inability to say if it was ten or eleven, or twenty-five.  This week, despite their admittance of “flawed foreclosures” (that’s just a pretty word for predatory foreclosures or fraudulent foreclosures) they announced that their Foreclosure Frenzy will resume at full speed in 23 states (the judicial states) and Bank of America also claimed foreclosure numbers should be around 100,000.  GMAC also announced they will resume their foreclosures as well.  JP Morgan Chase has remained silent on the subject thus far.

Once again, homeowners are at great risk, only this time it is hoped that homeowners will be wise enough to stand up to the banks and demand that the bank’s presumably predatory foreclosure is in fact valid and correct.  Although Bank of America is claiming that the problem was truly only a simple matter of “correcting signatures” which could cause the unaware homeowner to think there is nothing left that he can do to fight the foreclosure process, this is (as usual) false information from the Banks.  A quick review reminds us that today thousands of homeowners already know this, which is why they come to Tila Solutions to get Forensic Loan Audits and Assignment Audits.

By this time, most homeowners no longer believe that what the banks say or do is truthful or valid information.  They have seen the banks issue fraudulent loans, they have heard the false promises of loan mods that never happen, they have seen the nationwide scandal of illegal foreclosures, and they have heard from friends, family, and neighbors the grievous recounting of seized homes for the want of “missed paperwork”, the forms the bank claims never arrived even though the homeowner sent them repeatedly. Tila Solutions Consultants receive these cries for help daily.  Tila immediately gets these homeowners empowered through forensics and professional services provided by their company, which in turn has saved their homes.

But, what can the homeowner, with all his newly found wisdom do in the light of Foreclosure Fraud and blatant criminality?  Unless he does something, sadly, he will lose his home.  The government put on a big display of “how awful it all is”, but the foreclosures are resuming.  The “Banksters” as they are now being called by many, just claim it is their legal right to foreclose. But, these predatory lenders still only have the right to foreclose if the foreclosure is legal and despite the fact that they “fixed” their documents, most of the foreclosures are still not valid or legal.  And the reason lies in the famous “where’s the note” strategy, and of course the dubious and shysterish acts the predatory lenders are all guilty of when they created MERS and then assigned 64 million loans to it.  If your loan has MERS involved, then you need to immediately protect yourself by getting a complete Assignment Audit done.  An Assignment Audit will investigate the legality of the loan you were issued, then the tracking and assignment of the Title, as well as the Servicing and Pooling Agreements, and finally thus determine who owns the note, or more commonly the total and complete absence of the note.  This audit normally shows your predatory lender is still breaking the law when he is trying to foreclose on you.  Only the true and valid holder of the true and valid note has the legal right to foreclose on you.

The lender is not going to help you – unless there’s money to be made in it for him -enough money to make it worth his while.  Right now, that money is found in foreclosures.  Once you get a complete Forensic Loan Audit and Assignment Audit, then you will be able to show the lender he’s got no money coming to him by foreclosing on you, so he may as well work with you.

Homeowners don’t have to stand alone, against these Banksters, and in fact they shouldn’t.  Any homeowner can read the reports of abusive and predatory practices by the hundreds on the internet. They know now they need a professional on their side.  Tila Solutions has been the icon of strength, wisdom and hope for thousand of homeowners.  Visit their website to learn more about this company and what they can do for you.  They are busy saving homes.  They know the lender lies and deception.  They know how to use a forensic loan audit and Assignment Audits to actually stop foreclosures and get you a real loan modification.  If you really don’t want to lose your home, just call them.  They can be reached at (702) 508-0335.

TAGS: foreclose lender, homeowners, Foreclosure, Loan Mod, Loan Modification, Predatory Loans, Predatory Lenders, predatory foreclosure, fraudulent foreclosure, Foreclosure Fraud, Bank of America, GMAC, Chase stalled foreclosures, forensics, forensic loan audit, Banksters, Assignment audit, Tila solutions,Consultants, MERS