• You just got a powerful forensic loan audit which shows your lender has done you wrong and put you in a predatory loan.
• Or you got the Securitization Audit which shows your lender is engaging in a wrongful foreclosure against you.
• Now doesn’t it just make sense that you would take the advice of the firm that gave you that audit and put it into the hands of a loan mod attorney?
• Maybe if you remember this it will help you make the decision:
• Lenders have those loan mod offers filled with legal jargon that MEANS SOMETHING.
• Lenders have those loan mods review by legal people.  Shouldn’t you have a legal person doing the same for you.

Don’t go up against the big bank alone.  Get a forensic loan audit or a Securitization Audit and get a loan mod attorney. Tila Solutions can often help you find a good loan mod attorney or foreclosure defense attorney.

It just makes sense.

I just wanted to thank somebody at TILA for the great people you have. My first contact was with Myriah Walters, who is very professional and caring. Sarah Miller and Rachel Shaw are real professionals and know their business. I am impressed with all of them… and grateful to all of them.  I am grateful for the forensic loan audit they did and gave to Dorie Harris to use with my lender.

Special thanks and praise go to Dorie Harris who worked with me and got me the home loan modification that I was trying to get on my own but was getting nowhere with the most unbelievably incompetent people at the lender’s various offices. I could write a book about that, but that is not my purpose. Dorie was with me the whole time and carefully walked me through the entire loan mod process—she was tough on me and tough on the lender when it was necessary, but in the end she won us the loan modification and therefore my wife and I won. She is a special lady. Please know of our gratitude for her and her professionalism.

I have now referred others to TILA, as the people at TILA know.

Thanks again from a satisfied client.

Edward

It doesn’t make any sense how a bank will issue a loan to someone and then deny them a loan modification to lower their payments, often listing the reason as the homeowner “doesn’t make enough money.”  That’s right, these predatory lenders are refusing to approve loan modifications that could lower your interest rate, monthly payment, and potentially save a loan from going into default and foreclosure because the borrower can no longer afford to make their current payments –because they don’t make enough money.

Here’s the really sad part that most homeowners don’t know:  They didn’t make enough money when the bank gave them the loan.  The bank knew this, but didn’t care.  

It is time to say enough is enough.  These predatory lenders have been taking advantage of hard working Americans for long enough.  Of course banks are going to deny approval of aloan modification – there is no money in it for them!  Why would they want to help you lower your payments and save money, when they are already profiting greatly from what the original predatory loan is bringing in for them? You don’t have to put up with a bank refusing to approve a loan modification anymore.

If you obtain a forensic loan audit on your mortgage, this will show that you are beyond the shadow of a doubt the victim of a predatory loan.  Once you have the evidence of a forensic loan audit on your side, you will see that banks are suddenly much more willing to negotiate with you and approve your loan modification. You could even end up with the bank refunding you for the interest you were paying under the original terms of the predatory loan.

If your home is in foreclosure, a securitization audit is a great option to help you stop foreclosure and keep you in your home.  Over the last ten years, approximately 85% of all mortgage loans have been securitized, and more often than not they have been securitized incorrectly and illegally.  A securitization audit will determine if the bank that is attempting to foreclose on your property even owns the correct paperwork to do so.  Many times, they do not, making it an illegal foreclosure. 

Using these tools you can fight back against the predatory lending schemes of the big banks and get the loan modification you deserve. Having a forensic loan audit or a securitization audit on your home loan will give you the evidence you need to achieve a successful loan modification for your home.

On June 9, 2011, CNN Money released the news that “three top mortgage servicers are finally being taken to the woodshed.”  The servicers are Bank of America, J.P. Morgan Chase and Wells Fargo.  The Treasury Dept. stated they’ll withhold incentive payments to these banks.  Ocwen, though cited for poor performance, will not lose its incentive payments.

Let’s take a look.  In January of 2011, here were some statistics for HAMP (Homeowner Affordability Modification Program).

• Since the program’s inception in March of 2009, 1.5 million HAMP trial modifications have been started.
• 750,000 of those trial modifications have been canceled due to the borrower defaulting or the bank rejecting the homeowner after the trial period.
  • Accurate statistics for that borrower default are not available, but if you interview homeowners, you’ll find many made six, nine, twelve or more payments while waiting for the bank to finish their paperwork.  They were only required to make three payments. If they fulfilled the agreement, and made many extra payments waiting on the bank, then how can they have defaulted? Thus we can safely assume that the “borrower default” statistic is another fraudulent misrepresentation by the banks.
• Only 152,289 of the trial modifications that were converted to permanent status are currently active.

Now, let’s compare those mod statistics to the foreclosure statistics:

• 2.8 million American property owners were handed a foreclosure notice during 2010
• A million properties are somewhere in the pipeline still, with a further 5 million serious delinquencies stacking up.
• Currently Realty Trac is listing 1.7 million homes on their foreclosure Rolls – those people are long gone, with their homes resold or empty.
• For the month of May, 2011, Realty Trac has listed 214,927 new foreclosures

I think we can all be assured from these numbers that the banks have had no trouble performing in their foreclosure departments.  It seems things are just going terrifically well.  I wonder if they have office parties every Friday, celebrating the numbers of foreclosures they completed as compared to the number of loan mods they rejected or canceled that week.

Ok, so we compared performance and clearly the banks are still not modifying loans, but they sure are great at foreclosing on homes, so how did the banks respond to their “trip to the woodshed?”  Wells Fargo said it would formally dispute the findings because “this does not reflect their leading role in making loan modifications”.  Chase said it “respectfully disagrees,” Ocwen said it was surprised it was dinged for problems with modifications, and Bank of America said it acknowledges it must make improvements, but also they said, “We have made great progress in several key performance areas.”  I’m thinking they’re referring to their foreclosure department.  As for the rest of the comments, my only suggestion is that they are all on drugs.

And what does this trip to the woodshed actually entail?  Are we seeing CEOs finally charged with foreclosure fraud, fraud upon the courts, perjury, SEC fraud, or any other kind of fraud?  No, we are seeing that they will not get their $4,500.00 incentive for having modified a loan.  That’s all.

No real pain there when they get such a handsome sum for the foreclosure.  I think we can all expect another flurry of auctions and foreclosure notices now that the Federal Government has taken that willow switch to their backsides.  Those minor bruises will quickly heal with a few thousand more foreclosures.  Nothing like a “chocolate bar” after a “licking”.

The facts are clear and have been for a very long time:  Banks do not intend on modifying your loan.  They intend on taking your home.  Don’t go it alone with the bank if you want a loan modification.  Just don’t do it.

The bank is lying to you when they say you can do the same thing as a company you hire. You can’t because the bank plays tricks with your emotions, your finances, and your desperation. They don’t get away with that when you hire professionals, which is why they don’t want you to get help.  It is harder for them to steal your home.  Get help.  Your home is not something you should let them forcibly take from you.

Forensic Loan Audits and Securitization Audits still prove to be the most effective tools that a homeowner has when attempting to keep your home out of these “bad boy’s hands.”  Don’t listen to the bank.  Listen to the people who will not get tens of thousands of dollars by suing you for your home.

Most professionals charge some kind of fee to help you save your home.  Be prepared for that, but remember that’s how they keep their doors open and pay their staff to be there when you need them.  They don’t pretend to help you and then take your home instead. But do remember they are up against what sometimes appears to be an unstoppable criminal element in our society, the banks.  Don’t think they win every time.  Nobody does.

It has been known for some time that banks started this mess.  So don’t listen to their lies and think that there are companies out there that only want to scam you, that is what the bank does.  Decent companies charge an acceptable fee for their services.  Moreover they go up against incredible odds and work for hundreds of hours on your behalf to get you a loan mod.  More often than the bank admits, they get the job done.

If you need help saving your home, whether from foreclosure, or to get a loan mod, or if you want to request a quiet title action, you need forensic and securitization audits first.  To begin ending the nightmare requires isolating the crimes the lender committed against you.  That opens the doors to true recourse and real solutions, no matter what solution you need.

Call Tila Solutions.  702 508 0335.  Ask for a consultant and start on the road to real help. They have a number of services they can provide to you. You can visit their website at loan modifications.

Is your bank giving you the run around on your loan modification?

Have you done everything they’ve asked for over and over and over and over and still they can’t seem to get you that loan mod?

Then join the millions who are struggling as you are.  I don’t know if it is possible to take comfort knowing you are not alone at this point.  But at least know this, your need for a loan mod is not because you are the bad guy.

Your lender really doesn’t want to modify your loan because in actual fact your loan has been heavily insured in case of default and he would just rather lead you down a merry path of lies and misrepresentations before he finally lowers the foreclosure boom.  Let’s face it, lowering your payment when he could just kick you out to the curb and collect the insurance money, isn’t very inviting to him.

OK so here’s the reality of today’s loan modifying lender:

His words to you: “Sure Mr. Smith, we’re gonna’ help you get that loan modification, you can just ignore that foreclosure, we are gonna’ get the modification done before that foreclosure can complete, you betcha. Just send me in that updated hardship letter, ok?”

His thoughts: “forget it bub. You ain’t gettin’ no loan mod, all I need now is this 6^th hardship letter showing that still after 14 months you have not recovered and are nothing but a big fat risk, and we can complete this foreclosure.  Woohoo I love those insurance checks!”

What would you be doing differently if you could actually read the lender’s mind?

Here’s what:  First you would get a forensic loan audit to show that the lender is at fault, and has probably committed fraud in the loan.  (Insurance policy is now null and void)

Second you’d be getting a securitization audit to show that the lender doesn’t even have the right to foreclose on you. (Oh boy, not only is there no insurance to collect, you could sue the pants off the lender for wrongful foreclosure! Now that’s sweet!)

Third you’d be getting a professional to use both of those audits to get the loan modification negotiations done for you. (Because actually, even though it may be great to go for the jugular, really, you are a decent person, and you just want to get a monthly payment that makes sense again.)

And then guess what, you’d have no more loan modification troubles!  Life would once again be so much more normal.  You go to work, you pay your bills, you enjoy your time with your friends and family.  That good old American Dream.

You don’t need to be bamboozled by loan mod troubles any longer.  Take action, investigate & then get a loan mod, stop foreclosure, or even short sell your home if you so desire (but only because that is what you want). Get Tila Solutions on your side to negotiate a loan mod for you.  Call Tila Solutions at (702) 508 0335.  They can help.  Or visit their website at www.tila-now.com