You need to know the motivations of the lenders. In the current market, homes are not selling, or selling for far less than they might be worth despite what the media tells us. Lenders are not as anxious to take on more inventories they know they can’t sell, or must sell under market value; it’s a bad reflection on their bottom line and exposes just how broke they really are. So, if you are causing them trouble by defending your home, they are not as interested in most cases in fighting vigorously with you to get your home. Do you realize that 99% of the attorneys who file the foreclosures to begin with are not prepared to deal with knowledgeable consumers.
They don’t know how to defend against those of us who understand the system and other State and Federal laws, along with not being afraid of them (attorney’s).
On the other hand, servicers make more money while your home is in foreclosure from the lenders than if you were making timely payments. They would rather drag it out, it just more profit for them. Why do you think your mortgage has been sold or transferred even while it’s in foreclosure, because they are still making money!
Our members, who we help fight back, have been in their homes for years. In some cases, the foreclosure has gone into a “dormant” state with the lenders doing nothing for a long period of time. Our system will walk you from the beginning to the end of the process, while you make MONEY!
The facts remain that most of the banks or trusts bringing the foreclosure actions do not have the legal right to do so. In most cases it’s the servicer, a trustee, or an appointed trustee for a securitized pool of mortgages and the burden of proof is on the bank and not the homeowner. This is rather difficult for most to prove to say the least.
In most foreclosure cases, there are defenses which will buy you considerable time. By using our proven system, you put the banks on the defensive and they cannot proceed with the foreclosure until they settle with you. In many cases, you will come to a favorable agreement. In other words, you make the bank see things your way!