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Fact That They Are Wrongful Foreclosures

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Fact That They Are Wrongful Foreclosures Powered By Docstoc
					      Fact That They Are
     Wrongful Foreclosures
The amount of homeowners who suddenly find themselves facing a wrongful
foreclosure is staggering. The only good news is that predatory lenders engaging in
such practices are finally being exposed for the criminals that they are. Nobody is
buying their excuse that wrongful foreclosures that were pushed through by using
robo signing techniques is merely a “procedural irregularity” anymore. We are all
aware that the claims of “harmless errors” by predatory lenders such as GMAC, Bank
of America, JP Morgan Chase and others were nothing but blatant lies.

If that wasn’t bad enough, a recent government review of the quality-assurance
processes of the MERS database discovered that it could not be trusted. The sole
purpose of MERS is to keep track and be able to identify who owes what to whom. If
that information cannot be verified as accurate, then that can mean disaster for
anyone who would potentially like to one day own a home as well as people who
already own homes, because this discovery means that upwards of 50% of homes
bought and sold over the last decade have uncertain and unmarketable titles.

If your bank is attempting to foreclose on you, there is a good chance that this could
be a wrongful foreclosure and that the bank may no longer possess the title to
your home due to their blatant disregard for following proper securitization
guidelines. If that has happened to your home loan, and you are facing the threat of
foreclosure, then that would mean that any foreclosure action taken by your bank
would in fact be part of a wrongful foreclosure. In order to determine if you are a
victim of a wrongful foreclosure and create a solid foreclosure defense in order to
fight it, you should have a securitization audit performed on your home loan
documents.

Having your home loan undergo a securitization audit is a must if you suspect
mismanagement of your mortgage or are possibly facing foreclosure. With the help
of a securitization audit, you potentially gain very tangible evidence to help you in
court, stop foreclosure proceedings, and bring about the end of a wrongful
foreclosure proceeding on your property. Banks hate these audits because they are
so detailed and so good at exposing fraud on the part of mortgage lenders. With the
evidence provided by a securitization audit, many times the bank will try to settle as
soon as your documents are submitted.

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 forensic audits.

				
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posted:4/8/2012
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Description: Banks have been guilty of wrongful foreclosure actions for too long, fight back with a securitization audit