Can you sue your lender for foreclosure fraud?
Can you sue your lender for foreclosure fraud?
If you are struggling to save your home from foreclosure and you are wondering if you should sue your lender for foreclosure fraud, the best thing to do is to call and speak with an experienced mortgage fraud lawyer who can sue your lender for mortgage fraud.
Are there any cases of intentional fraud in foreclosure?
These aren’t cases of intentional fraud. In some, such as a case where Lender A sold a loan to Lender B, but the homeowner sent payments to the wrong lender, they could be cases of failure to provide proper notice, or failure of the homeowner to keep track of who owns the mortgage.
How is a summons served in a foreclosure case?
In most foreclosure cases, a lender must serve the homeowners with a summons, notifying them that legal action is being taken to foreclose on their home. This process is coming under increased scrutiny as judges raise concerns about the method of serving summons.
What are signs of mortgage fraud and foreclosure fraud?
The signor states that he or she is an “attorney in fact” for the executing entity. 26. The signor states that he or she is an employee of the executing entity but claims to have custody and control of the records of the entity. 27.
What are the signs of a foreclosure fraud case?
The default payment history filed in the case is prepared by the attorney for the mortgage servicer or a member of his or her staff. 32. The affidavit filed in support of legal fees is not signed by an attorney with the firm involved in the case. 33. The name of one or more of the signors is stamped on the document.
What to do if you have a wrongful foreclosure lawsuit?
Homeowners who are losing their property or who have already lost their home to a bank foreclosure may be able to receive compensation, or negotiate a deficiency judgment waiver, as a result of mortgage lenders faulty Court documents.
Can you collect money from a foreclosure consultant?
Foreclosure consultants and other companies offering loan modification services are prohibited by law from collecting money before services are performed. Don’t ignore letters from your lender or loan servicer. Responding to those letters is your best bet for saving your house.
What happens if a false affidavit is filed in a foreclosure?
If a false affidavit was used in a foreclosure proceeding, the bank or lending company can face various legal consequences. For example, the foreclosure proceeding may be terminated in favor of the borrower. The lender may even have to face civil or criminal penalties for submitting a false affidavit to a court.