Foreclosure Information Can Save Your Home A great number of Americans are in terrible need of foreclosure help today. Because of the actions of predatory lenders such as Bank of America, JP Morgan Chase, GMAC, Wells Fargo, US Bank and others, many homeowners find themselves trapped in predatory loans that have put them on a collision course with foreclosure. People who have looked for foreclosure information that could give them the foreclosure help they need to keep their home have been told to speak with their lenders about obtaining a loan modification that would give them more favorable terms on their mortgage that they could afford. The lenders, however, have no interest in approving loan modifications for people though, as demonstrated by the remarkably low percentage of loan modifications that are actually approved. People are left scratching their heads. Why on Earth would a lender actually want to see a home foreclosed on? The modus operandi of many of these predatory lenders has been to approve loans that they know the borrowers can’t afford or will eventually fail to make the payments for. This way, they are able to take as much money as possible from the homeowner. They will then securitize the bad loans in order to sell them off to other banks or investors. A securitized mortgage is one that has been pooled together with other mortgages and sold to investors much the same way that stocks and bonds are traded. In the last 10 years, over 85% of all mortgages have been securitized. This is an important piece of foreclosure information to have, since it shows that banks have knowingly been improperly securitizing and selling loans they know to be suspect off for years in order to turn a profit. If you are facing foreclosure, the bank’s greed and recklessness could be your saving grace. Once a mortgage has been securitized, the bank no longer holds the title. And if a bank no longer holds the title, that means they cannot legally foreclose on your property. This effectively makes many foreclosures that have taken place during the current housing crisis illegal. A securitization audit provides will examine all of your documents and determine if the bank actually possesses the title to your property. If they do not, a securitization audit can stop foreclosure. If you are facing foreclosure, one of the things you can do to help stop foreclosure is look into a service that can provide evidence that you are the victim of a predatory loan and/or mortgage fraud. This is why if you need foreclosure help, you should not hesitate to contact Tila Solutions to give you the foreclosure help you need. For over a decade, Tila Solutions has been looking out for the homeowner with their forensic loan audits and securitization audits. If you need help stopping foreclosure, a Tila Solutions Consultant is available by telephone at (702) 508-0335. Or you can visit the Tila Solutions website at foreclosure loan.