Once again, the Obama Modification program (commonly called HAMP)  is coming under fire from members of Congress. The program was supposed to help 3 million to 4 million homeowners avoid foreclosure, but it has fallen far short of that goal, and now Republican lawmakers have introduced legislation to shut it down.

Originally, the HAMP Program was designed to “help responsible homeowners stay in their homes,” (an actual quote from President Obama when he announced the program).  It was intended to be the loan modification program that would allow homeowners to keep their homes and reward the banks for their “efforts” in getting homeowners’ loans modified.  It was equivalent to an “Everybody Wins” solution – except the American Taxpayer that is. Although millions of loans were to be modified, sadly it has only worked for around 600,000 people across the country.

There are 3.3 million families who might have been reached by this program if only it had been better designed, better managed and better executed by the Treasury department,” said Neil Barofsky, the special inspector general installed to oversee the government’s bank bailout efforts.

In February, Barofsky announced he would be stepping down from his post in March. He says the Obama administration’s program to prevent foreclosures is broken, and that many of the people it’s supposed to be helping are now „in a far worse place than they would have been had this program not existed.”  HAMP has done nothing to stop foreclosure.  Many homeowners who applied HAMP were not even in foreclosure when they began the process.  Now they sit by waiting for a bank to modify their loan, only to receive notice (if they’re lucky) that their home will be sold at auction.

Barofsky’s decision to bail ship instead of taking firm steps to stop the banks in creating more victims of the HAMP program confirms public sentiment that the HAMP program was never anything more than a government scam to bilk the American taxpayer.  Most Americans now feel that there was never any intention by the government to actually bring lenders into line and hold them accountable for their pillaging and plundering of the American Homeowner.

This refusal by the government to insist and take strong actions to hold the banks accountable for their predatory lending practices and predatory loans, for their illegal foreclosures, their wrongful denials of HAMP applicants, and their constant ineptitude (lost faxes, missing paperwork, month and months of  “under review” for a loan mod process that only takes a couple of weeks to do) has led more and more people to question the constant and ongoing government campaign messages that homeowners will get the help they need from the bank – free of charge.

Statistics speak loudly, and the statistics show that homeowners working directly with the bank to obtain a loan mod are losing everything: their credit scores, their savings, their lines of credit, their peace of mind, their families and relationships, and finally their home – usually through wrongful foreclosure.

The good thing about the American homeowners is their ability to see the falsity and fraud of it all and then take action to protect themselves. And that is the trend we are now seeing.  American homeowners are finally taking action.  They are reaching to professionals who can and have saved thousands of homes on an ever-greater number.

One such company that reports a steady rise in calls for help is Tila Solutions.  This company conducts forensic loan reviews, and Securitization Audits to provide a “real defense” for the Homeowner.  They provide as well, for those who want (and most do) out-of-court negotiations services to assist the homeowner get his loan modified.  If you view their website, you will find that they are an audit company that does not send the homeowner “hat in hand” to the bank to ask for help because he has fallen on hard times.  Their approach is to show the bank where the bank was at fault and thus must rectify the solution with the homeowner.  They do all of this without stepping foot in a courtroom.

Tila Solutions urges all homeowners to remember that professional help is truly a must when the banks have proven statistically that they will not modify loans, and will instead foreclose.  But the professional help must include actions that hold the bank accountable for the predatory loans they issued and for the illegal foreclosures they are involved in.  Homeowners have very little success in saving their homes if they do not have Forensic Loan Audits and/or Securitization Audits done before they attempt to get loan modifications.

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: wrongful foreclosure, foreclosure, stop foreclosure, loan mod, loan modification, forensic audit, forensic loan reviews, securitization audit,  Hamp Mod, modifications, Tila Solutions, free consultations

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

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