#AceNewsGroup says today marks another milestone for our group and it is all thanks to you the readers kind support and all your likes, as we have reached 1000 and we could not do it without your support.
So all l can say is a great big thank you from the Ace News Group
My first thought of today was to provide a way for people who are in debt, to feel they are not on their own! As so often happens we all that have experienced debt, at one time or another,think that there is no way out!
My personal experiences of debt took me from feelings of desperation, to feelings of how do l cope with no money! The only answer l could provide was when it felt like all hope was lost, it was only then that light entered into the bleakest moment!
As you will see l entitled this post ” It is always darkest before the dawn of a way forward” for the sole reason that nobody can know how it feels being in that dark place, until you have experienced that feeling of loneliness!
So today l am speaking to all those that feel lost, due to the fact that they have some form of debt, be it a bill they cannot pay, or a loan company hounding them at the door! I had it all happen to me, and eventually found that when and l say only when you are no longer scared, of the companies,lenders or providers of these debts,can you see the way forward and the light guides the way!
So if you feel just like this at any time, just send me a comment or forward an email to our organisation and l will personally provide a solution. There is no debt problem that cannot be solved, everyone can negotiate a way forward and above all else, there is someone here to listen and help and guide you to find the light.
As usual thanks for taking the time to read to this post,and remember you are not alone now, l am here!
Posted courtesy of Ace Finance News and Provider – Ian Draper
Mortgage Fraud Examiners, the investigative firm who warned the public about loan modification scams, the “criminal loan modification trap,” the “Mortgage Elimination” scam and worthless services like “forensic loan audits” and “securitisation audits” is now warning that “pretender defenders” may be cheating homeowners out of victory by ignoring contract breaches and tortuous acts underlying their mortgage transactions!
“Only exposure of contract breaches and/or tortuous conduct underlying a mortgage transaction provides a sound strategic basis for liberating homeowners from the bondage of mortgage foreclosure.” So says Storm Bradford, Founder of Mortgage Fraud Examiners.
Mortgage Fraud Examiners is a project of Lex Consulting, LLC. For over 30 years, Lex Consulting has provided litigation support to attorneys, helping them break into new areas of practice, or providing specialized advice for complex cases requiring novel approaches to the law. Due to the recent housing crisis, Mortgage Fraud Examiners, a team of specially trained legal professionals, was created to provide borrowers and the legal community with comprehensive assistance to help keep them in their homes.
“Homeowners and attorneys need to understand a promissory note; mortgage/deed of trust is nothing more, nothing less, a contract. Moreover, attorneys need to be extra careful. According to several ethics counsel we contacted around the country, failing to identify contract breaches and/or tortuous conduct may justify a homeowner suing a foreclosure defense attorney for malpractice or at least disgorgement of fees if the homeowner were to lose their property and these problems were later identified. Bradford reiterates the point, made by the ethics attorneys, “foreclosure defenders who fail to properly examine the mortgage transaction might face legal malpractice claims by their clients: Let me ask you this. If a client goes to an attorney with a contract dispute, what is the attorney ethically bound to do? Is not it to look for breaches in, and tortuous conduct related to the contract?”
Thomas K. Plofchan, Jr., an attorney in Sterling, Virginia, who employs the services of Mortgage Fraud Examiners, adds: “Ultimately, the only real issue is whether a proper lien has been created with the house as collateral. It is astonishing just how many legal errors, contract breaches, and frauds, can be exposed by a meticulous examination of the mortgage transaction.” Matter of fact, in two recent cases we were able to identify and establish evidence to show the deeds of trust were void. The result for the homeowners was receiving their respective homes free and clear. So, it’s quite clear, a thorough examination of the mortgage contract is the ONLY proven method to uncover evidence that could affect the validity of the lien.”
Bradford claims that so many foreclosure attorneys fall into the Pretender Defender category that homeowners must develop ways to determine whether the attorney can and will be able to identify contract anomalies within the mortgage transaction, and get them a financial settlement and/or their house free and clear if found. ?Asking a simple question, like how many cases have you won, would be a good starting point.
Bradford explained the favorite strategy of the “Pretender Defenders:” “They use arguments like ‘show me the note,’ ‘securitization,’ ‘MERS,’ ‘robo-signing,’ and so on. Although these have some legal validity, inevitably, the entity foreclosing corrects the defects and wins because of one central fact that everybody knows – the borrower failed to repay the mortgage loan as agreed. These ?pretender defenders know that the court will eventually grant the foreclosure, Bradford says, and that their typical defenses generally amount to nothing more than STALL tactics.
This brings up a pressing question. How often do ?pretender defenders miss valid defenses that may help homeowners? A recent lawsuit by the FDIC shows that this happens all the time. The FDIC had 292 appraisals performed by an appraisal management company for Washington Mutual analyzed. The FDIC found ?more than 75 percent of appraisals reviewed were found to contain multiple egregious violations of USPAP and applicable industry standards. The FDIC’s Big Appraisal Fraud Suit: Why It Smells Fishy
Foreclosure defenders should be identifying tortious conduct, and contract breaches. And finding problems within the mortgage transaction is relatively easy, we find appraisal fraud in eight out of every ten mortgage transaction we examine, which coincides with the findings of the FDIC, and that doesn’t include all the other types of tortious conduct and contract breaches that are usually present. So in most cases the homeowner has a ninety percent chance or better of having something viable that puts them in the proverbial driver’s seat. Most often the demonstration of a strong cause of action will lead the bank to ask for a settlement. The settlement or the lawsuit could result in getting the house free and clear, and/or money for the foreclosure victim, plus fees and costs for the attorney.” Quicken Loans on losing end of $3 million predatory lending verdict
Bradford adds, “if the homeowner had a choice of possibly stalling the foreclosure action or possibly getting their home free and clear, and/or a monetary settlement from the bank, does anyone really believe the homeowner would choose the stall tactic? And yet, many do because these ‘pretender defenders’ misled them. By just delaying the inevitable foreclosure, some pretender defenders bill their clients anywhere from $1500.00, to $3500.00 or more upfront, and $500.00 to $1500.00 a month until their foreclosed on. In the end, the client loses the house and has lost to the ‘pretender defender’ $5,000.00 to $20,000.00 badly needed for relocation after the foreclosure. Confusing Lawyer Fees Complicate Foreclosure Battles
Mortgage Fraud Examiners provides services for attorneys and their clients who face foreclosure and for homeowners who suspect problems underlie their mortgage transaction. They discover appraisal fraud, loan application fraud, other tortious conduct, contract breaches and both typical and atypical violations of all kinds. They provide a report of the findings within 7 business days, and, as a service to attorneys, may provide it styled as a complaint ready for filing or for settlement negotiations.
“The first line of action for any homeowner or attorney should be the examination of the mortgage transaction first, and in the off-chance there’s nothing there of any consequence you can always stall afterwards, but never first! There really are many legal options available to homeowners facing foreclosure,” Bradford concludes. ?However, the only process that works is to find a REAL legal dispute that a judge is willing to accept as a valid reason to slam the bank, such as contract breaches, tortuous misconduct, etc. Every mortgage transaction has unique facts, every claim has different applicable law, and only by properly examining the mortgage transaction is one going to find the answers.”
Sent to Ace Mortgage Desk for immediate press release by Mortgage Fraud Examiners for which we thank them.
Many times l would end up going to court for my clients in the past and finding out, sometimes too late they had paid other less important debts. My usual way to handle this was to approach finance companies and make an arrangement with their creditors! This would enable them to reduce their overall costs and reduce payments, enabling the courts to agree to give them more time to pay!
Over the past few years and having got people out of debt for over 30 years, l have now using my life-time consumer credit licence have put in place a way to roll-up all their debts and reduce their costs under my ” Debt Reduction Analysis Plan ” and providing clients tell me the truth l can offer this service and get all their lenders to come to some amicable arrangement. But l caution anyone using this arrangement to make sure that once they have agreed the amount to pay, do not miss any payments! If they do then all will revert back to previous amount of credit repayments!
Also l do not get people out of debt by borrowing more money like many organisations, as this just adds more debt and leaves clients in a worst place. Anyone need professional help and guidance please visit my website and leave your details, l will try to help!
For people reading my first post on what my profession is l am licensed under Consumer Credit Licensing Bureau provided by the Office Of Fair Trading under: License Number: 628783 to carry-out the following business: