Predatory lenders have no incentive to grant loan mods

1. A Loan Modification Attorney and Forensic Document Reviews Can Help You Get a Loan Mod Visit us at http://www.tila-now.com

2. What do Bank of America, JP Morgan Chase, US Bank, GMAC, and Wells Fargo all have in common? They are all predatory mortgage lenders who have spent the last decade taking advantage of innocent people who simply wanted a home to call their own by approving mortgages they knew the borrowers could not be able to afford just so they could take every penny they could get before foreclosing on their victims. These banks are nothing more than a large predator preying on innocents. Visit us at http://www.tila-now.com

3. Because of their complete disregard for business ethics and predatory lending laws, we have seen foreclosure rates reach record highs, home values collapse, and the very fabric of the American dream torn to shreds. In order to try to undo some of the damage caused by predatory lenders, the Obama administration stepped in and created a program called HAMP that was designed to help prevent at-risk homeowners from defaulting on their home loans and going into foreclosure. Visit us at http://www.tila-now.com

4. This was achieved by creating guidelines that would make it easier for people who could not simply refinance their homes to obtain a loan modification that would allow people to escape from predatory loan and give people lower monthly payments with a lower fixed interest rate than what they had before. This would make monthly payments much easier to afford for millions of Americans. Visit us at http://www.tila-now.com

5. However, the HAMP program has not gone exactly to plan, and the banks have continued their predatory lending practices by denying nearly 80% of all applicants who have applied for a loan mod. Homeowners that have been denied these loan modifications are told that they have no other options except to keep talking to their lender and apply for another loan mod. While the homeowner is getting the run around from their bank, since they are not getting the help that they need, they are falling behind on their payments and going into default on their loan. Visit us at http://www.tila-now.com

6. While this is happening, their lender who is supposed to be helping them is already preparing to foreclose on their home before a verdict has even been reached. By working with a qualified loan modification attorney , and having a forensic loan audit that will examine your loan documents for violations in TILA and RESPA on the part of your lender performed on your home loan documents, you can get the help and leverage you need to get your bank to negotiate favorable terms for a loan modification for you. This is why if you need foreclosure help, you should contact a reputable audit company such as Tila Solutions to give you the foreclosure help you need. Visit us at http://www.tila-now.com

7. For over a decade, Tila Solutions has been looking out for the homeowner with their forensic loan audit and securitization audits, and they can put you in touch with a reputable loan modification attorney. 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 loan mod . Visit us at http://www.tila-now.com