CA MERS Civil Lawsuits

What is the Mortgage Electronic Registration System, or MERS? It’s a Delaware corporation that currently holds over 60 million mortgages in the United States. Owned by the largest mortgage companies in the world, including Freddie Mac, Fannie Mae, HSBC, Wells Fargo, and Countrywide, MERS was created as a method of minimizing paperwork and excessive fees [...]

Truth In Lending Act Civil Lawsuits

The Truth in Lending Act, a federal law passed in 1968, provides protection to the consumer in matters of credit interaction. This act is particularly important to the homeowner. Under TILA, lenders are required to disclose all of the loan details in a mortgage document, including standard definitions so the consumer can make an informed [...]

Forensic Loan Audits

If you’re finding it difficult to maintain your monthly mortgage payments and have been denied a traditional loan modification, a forensic loan audit can provide valuable ammunition in your fight against foreclosure.
All lenders are required to adhere to fair lending laws. A forensic loan audit will evaluate the mortgage documents for violations and [...]

Produce The Note: Hitting The Mainstream Media

Recently, the produce the note strategy has started receiving mainstream media attention. This is great news for homeowners facing foreclosure because it gives them an opportunity to learn about using this strategy. It also helps notify the general public of the unfairness of the way foreclosures work in this country.

The Chicago Tribune recently published this [...]

Why Produce The Note Is So Important

Produce the note is not just a technicality like the lenders and some courts would like you to believe. Using produce the note to save your foreclosed home is not only a great idea, but it can save yourself from being held liable for debts after the actual foreclosure has taken place!
If your head is [...]

Produce The Note For Non-Judicial States

In judicial states, foreclosure cases are handled by the courts and overseen by a judge. Therefore each foreclosure is seen as a lawsuit. In these states, using the ‘produce the note’ strategy is a fairly simple and straightforward approach. However, in some states such as California, foreclosures are handled without involvement by the court system
When [...]

What The Banks Don’t Want You To Know

Produce the note: these three words provide relief for many homeowners, and frustration for lenders.
Produce the note is a strategy that many desperate homeowners are utilizing in their struggle to keep their home from going into foreclosure. Using this method, a complaint is filed against the lenders, demanding that they “produce the note” before the [...]