According to the research firm RealtyTrac, a record 2.9 million homes fell into foreclosure in 2010, with banks seizing more than 1 million homes. By the end of December, roughly one out of every 500 housing units in the U.S. had received a foreclosure filing. More than 3 million foreclosure notices are expected in 2011.  One still hard to find statistic: 80% of the homeowners who do what their bank says and avoid the use of professional companies to assist them are the ones that lost their homes to foreclosures.

These are not the statistics that show the government, with the HAMP Mod Program, or the banks with their in-house loan modifications are serious about giving people modifications, or have any desire to actually stop foreclosures.  Nor do they support “going it alone against the bank” if you truly want to stop foreclosure.

In fact in recent months, more and more evidence is surfacing to support the claims that the government is doing nothing to stop foreclosure because they have the misguided belief that accelerating foreclosures will help the recovery of the economy.  (Alan Scherber, bnet.com blog news article of January 28, 2011, Foreclosure Express: Why the Feds Let Banks Get Away with Murder)

As more and more Americans wake up and smell the coffee, they are returning to simple truths that they’ve known all along:  Banks do not help people in need, Banks do not help people with hardships, Banks only lend money to those who don’t need it, Banks only lend money to those who are a good risk.  Those are the simple truths of Banks.  Their assessment of who gets a loan mod follows those hard fast rules of banking.

As for the Government:  The government shines on to the American Public, looking for a vote, but complies with the demands of whatever the group with the most money for his campaign lays out.  Those are the simple truths of politics.  Banks fund politicians well.

Where does this leave the American Homeowner in distress:  He will be lied to, mislead, given false promises, and then he will get a foreclosure notice in the mail – normally while still waiting for the loan modification that will never come.  He will be told there is no way to stop foreclosure.  He will be told in the next call, “not to worry, that foreclosure is just a formality, we are going to stop foreclosure just as soon as we give you this loan mod, and that is still under review.”  He will be given this line of garbage right up to the time that his home is sold at the sheriff’s auction.  It is happening right now as you read this to thousands of homeowners.  Meanwhile politicians stand by, and claim they are really on the American Homeowners side.

It is for these reasons that homeowners have stopped listening to the banks, to the government, and to all the precautions against getting professionals to help them stop foreclosure and get a loan mod.  One of the leading companies today helping homeowners save their homes is Tila Solutions.  They first conduct forensic or securitization audits to find out all the wrongdoings of the banks.  And then, with a true defense for the homeowner (not “oh he’s having hard times”, but “look Mr. Banker, you violated TILA, RESPA and committed fraud when you wrote this loan,” they negotiate loan modifications for homeowners.

What’s astonishing about this company is that they are getting those foreclosures stopped, and they are consistently getting those loan modifications– often with principal balance reductions.

The company will provide free consultations for homeowners who need to get a loan modification, need to stop foreclosure, or have concerns about their loans.  Tila Solutions is able to help homeowners who are current, or in pre-foreclosure as well.  Their strength comes from conducting the Forensic Loan Reviews and Securitization Audits before they will attempt to negotiate with the bank.

Tila Solutions looks out for the homeowner.  A Tila Solutions Consultant is available for people by telephone at  (702) 508-0335.  Or you can visit the Tila Solutions website at   . They will help. They are not funded by the governments or the lenders. They are on the homeowners’ side.

Tags: foreclosure, stop foreclosure, loan mod, loan modification, forensic audit, forensic loan reviews securitization audit,  Hamp Mod, modifications, sheriff’s auction, Tila Solutions, free consultations

For some time now the nation has been abuzz with the knowledge that more than 6 million loans issued over the past decade are predatory.  Almost every homeowner who has attempted to work directly with his servicer to get their loan cleaned up (modified) has found that they’ve been lied to, stalled, cheated, mislead, and then foreclosed upon.  Thus the Lenders have been labeled as predatory servicers.  Now it has come to light that the foreclosure of these loans is also nothing but a pack of lies.  Those are the predatory foreclosures.  Tila Solutions has been using Forensic Loan Reviews or Forensic Loan audits for quite some time now to show the federal violations in loans and save homes.  The use of forensics has been a powerful resource to stop foreclosure.

There’s a sheriff in the Midwest who will no longer evict people from their homes after the bank has foreclosed.  He just flat refuses to uproot good people who were preyed upon and lost their homes to fraudulent foreclosures.  He seems to think that the banks need to operate with some level of truth before he should remove a person.  That Sheriff is probably a real hero.  He’s not mincing ideas or soft peddling actions.  Prove to him that the lender followed the law and if they did then he’ll do his job.  If they didn’t he won’t.  That proof can also be used to prevent foreclosure.  When Tila Solutions uses Securitization Audits or Forensic Loan Audits – they provide the proof of the illegal acts committed by lenders.

Now let’s stop calling things by “nice” names.  Let’s all be a bit bolder and bit more willing to fight for what not only is right, but what is ours.

Predatory Loan – what is it really?  It is a loan that violates federal laws and guidelines.  That’s right, it is a law breaker.  TILA, RESPA, HOEPA, ECOA, Bank Fraud (which has a statute of limitations of ten years by the way), and OCC & FDIC violations – these are laws and regulations that banks are supposed to follow.  Some Banker or Broker wrote that illegal loan, and got you to sign it.  That in itself is often a fraudulent act.  How do you know if your loan is a lawbreaker?  You get Tila Solutions to investigate it.  They’ll give you the proof.

Now let me ask you this, what happens if you knowingly or unknowingly break a law?  Let’s say driving while under the influence:  Are you called a Predatory Drinker, slapped on the hand, given money to fix your problem, told to fix it, then told to try harder?  No, in fact you are charged, given a record, suffer severe penalties, pay out large sums of money, and identified clearly in every system as a criminal (“he has a record”).

So predatory loans are illegal loans.  They were issued by people who broke the laws.  They are being serviced by people who break, bend, manipulate and ignore the laws – starting with insisting on taking your money from you based upon an illegal contract that they insist is legal.  (“No, I’m not dddrrrunk,” slurred the drunk as he headed toward his car.)  Predatory Servicers are, in fact, no better than some mafia group or street gang.  No respect for the law, the rights of homeowners, or those who run the country.  They’re nothing more than thieves.

Predatory Foreclosures are just plain and simple Illegal Foreclosures.

This becomes quite simple:  The loan was illegal.  The servicing of the loan was illegal.  The actual procedures followed to seize the property were illegal!

Why?  Well first it all goes back to the illegal contract.  But then the lenders ignored the laws (once again) and sold them without proper paper trails, recordings, etc.  They often sold them into trusts that now don’t even exist.  They sold them in bits and pieces, and they set up a company to do all their bidding:  MERS.  MERS itself is a corporation that has clouded clear title in our country on more than 6 million loans.  They made the whole “behind the scenes” so confusing and untraceable that for the longest time people (and well educated ones at that) were confused over the intricate details.

So why are you worried that the lender is going to take your home?  Because you still don’t realize that he can’t.  That’s where Tila Solutions comes in.  By now every homeowner in America has probably begun to realize that lenders break laws whenever it serves their own needs.  It will take years to unravel every mess they’ve made, and congress, Attorneys General and the courts will work to solve these issues for much longer than you have to save your home.  One-by-one Tila solutions stops foreclosures and saves homes.  Securitization Audits and Forensic Audits are the tools used to stop foreclosures and save homes.

Banks are not above the law, but will try to operate as if they are.  You don’t have to take that anymore!  A Tila Solutions Consultant is available for people by telephone at (702) 508-0335.  Or you can visit the Tila Solutions website at .  They will help you and your family.  They are on your side.

Tags: foreclose, foreclosure, predatory foreclosure, illegal foreclosure, stop foreclosure,  Tila Solutions, Tila, RESPA, HOEPA, ECOA, OCC, predatory loan, forensic audit, forensic loan review, forensic loan audit, fraud, forensic loan audit, predatory loan, notice of default, save homes, Banks, Servicers, Securitization, Securitization Audit, MERS, Bankers, Brokers

It has been stated in a variety of newspapers over the past few years that the fees added on to foreclosure are very profitable to the lender.  There have been thousands upon thousands of complaints from homeowners where they have suffered for months waiting for loan mods.  Often when they started their request to receive a loan mod they were not even in foreclosure.  Yet by the time the lender finally got their loan modification completed, they were in foreclosure and had to pay off as a part of the loan mod agreement all the foreclosure fees as well as many other fees.  Lenders have scammed thousands of people who never needed to be in foreclosure out of dollars now mounting in the millions.

Today, many homeowners contact Tila Solutions looking for a solution to get their lender to stop disqualifying them, and stop the foreclosure process on them.  Through the use of Forensic Loan Audits, Tila Solutions has been very instrumental in helping these homeowners. You can find out more about Forensic Loan audits and predatory loans at tila-now.com.

Even so, there are thousands of people who do not understand how lenders make money off the foreclosure process.  Here is an excerpt from a FAQ section of a foreclosure website that may shed some light on this:

“Who pays the foreclosure fee and costs?
If the borrower brings the loan current or pays it off, the borrower is responsible to the lender for the foreclosure fee and costs.”

“ . . .If the property is sold to an outside bidder at the foreclosure auction, the foreclosure expenses will be paid by the bidder.”

You may wonder if this is a new trend. Perhaps this post from a distressed homeowner trying to pay off a foreclosure in 2006 will help you to see how this is not a new money maker for lenders:

“HELP!! Foreclosure Fees? Posted by Brad on October 10, 2006 at 08:46:51:

“We are currently 4 months behind on the mortgage. My house is in foreclosure and scheduled to sell on November 7th. I have been trying to work with the mortgage company to salvage the house. I sent in everything asked of me two weeks ago and called every day (sometimes up to three times per day) last week leaving messages for my work out agent to call me on my cell rather than the home since I work. I FINALLY got a hold of her yesterday and she said that since she could not talk to me last week, the matter had been closed out and the original late fees of $400 had now jumped to $1200 and they would again jump this Wednesday. . . .”

“Just got the agreement papers to sign today and the fees have gone up an additional $500 from what they told me they would agree to yesterday. They want 2 months mortgage today and the rest ($576) extra over the next 9 months.”

In 2007, foreclosure fees were being scrutinized and it was discovered that as many as half the loans in chapter 13 bankruptcy had questionable foreclosure fees.  You can see this for yourself with this New York Times Article: 

That was then, and this is now:  CNN Money reported that Bank of America would have to pay out 108 million dollars to settle claims that Countrywide charged homeowners inflated foreclosure fees.

So the next time you hear that your lender will modify your loan free of charge, just remember that they don’t.  The trend appears to be to keep your loan mod extending month after month, while they rack up foreclosure fees. If you do get approved for a loan mod, do miss the point that the foreclosure fees are being added to your principal balance, and you will be paying them off at a “reduced interest rate” for the next two or three decades.

There are again, thousands of reports on file of Lenders convincing people that they have no rights, and that they can count on the lender for help (you know the ones suing you). Saddest of all are the stories of homeowners who lost their homes because they believed their lenders when they convinced them that they did not need professional help. So often, those foreclosures could have been stopped.

Homeowners would be wise to listen to these words from this 13-year-old boy, because he is right.  (His post comes from a comment made to the CNN Money News article of June 18, 2010 entitled Foreclosure tricks cost Countrywide $108 million – his typos have purposely not been corrected.) You may recall that this was the settlement fee that Bank of America will have to pay out to victims of Countrywide’s inflated foreclosure fee practices:

“Matthew Hutchinson Jun 18

“The reason they are able to add all this extra fees is due to them counting on people either being scared, in shock or just plain stupid. They try to take advantage of the publics ignorence on these matters and they are counting all that extra ill gotten money cause they are hoping the people being foreclosed on are dumb as dirt!

“I am 13 and see that it is not right to rip off people that way, but if we did that to them in anyway we would go to jail! No justice at all, unless your rich and in charge!”

You do not have to let the bank rip you off.  Just contact a Tila Solutions Consultant.  They can help you.  Tila Solutions uses loan Forensics to locate all the federal laws that were violated when the lender gave you the loan. Contact a Tila Solutions Consultant at    702 – 508 – 0335 or visit their website at    . They can help you – often when nobody else can.

Tags: Tila Solutions, Tila, Tila-now, Loan Mod, Loan Modification, Forensic Loan Audit, Loan forensics, Foreclosure, stop foreclosure, scam, predatory loans