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Stop Foreclosure Fraud – “Robo-Signing” Still Continues

July 20, 2011 By

stop foreclosure fraud

 

You might think after being in the spotlight for foreclosure fraud and Robo-Signing since last fall that the country’s major Banks and Lenders would stop their illegal practices, but they haven’t. Even after they vowed this past March to stop their illegal foreclosure practices, some of the largest Banks, including OneWest, Bank of America, HSBC Bank USA, Wells Fargo and GMAC Mortgage, have produced questionable foreclosure documents nationwide.

In recent months, Reuters has found nearly ten “robo-signers” who have further perpetrated foreclosure fraud for the major Banks. Each of them have signed thousands of foreclosure and mortgage documents regarding ownership of a home and provide evidence in court for who has the legal right to foreclose. Mind you, these are the same people who in court have admitted to signing documents that they have never seen or known the details of. Judges nationwide have taken notice, many of whom have openly called out the foreclosure fraud and questionable activities of robo-signing employees. In a recent New York case with HSBC, a judge called out the “robo-signer” Christina Carter and went so far as to threaten HSBC’s chief executive officer with sanctions for the illegal actions.

According to ForeclosureFraudExposed.com, the issue at hand is much larger than just the foreclosure fraud committed by “robo-signers.” Banks still fabricate documents and assignments in order to justify foreclosing on hundreds of thousands of Americans. In many instances, assignments take place after foreclosure proceedings are filed, so in order to validate them after the fact Banks and Pretender Lenders backdate documents. The discrepancies are widespread and raise many questions while more and more courtrooms embrace that foreclosures involving foreclosure fraud, missing or erroneous documentation constitutes an invalid foreclosure. One landmark case illustrating this came out of Massachusetts this past January (US Bank v Ibanez) involving a foreclosure with lack of proper documentation.

Homeowners need to make sure that their legal documents are in order to ensure that they do not become a victim of foreclosure fraud. It doesn’t matter whether or not someone is behind on mortgage payments; the bigger issue is that Banks and Pretender Lenders must abide by strict laws in order to pursue a foreclosure legally. In many cases, they don’t. Instead they cut corners to get the results that they want, at the expense of American families and driving the economy and housing market down even further. It’s the ultimate fleecing of America, with the majority of people not even aware of it.

To continue reading the rest of this Article, and learn more about how to Stop Foreclosure and Save Your Home, please visit: Stop Foreclosure Fraud

ForeclosureFraudExposed.com is the Internet’s leading, detailed and most organized foreclosure defense website, helping 1000′s of homeowners understand the foreclosure process, locate their securitized loan, and learn the various ways to fight and stop foreclosure and save their home.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

Filed Under: Education, Finance, Home & Garden, Politics, World Tagged With: , , , ,

Asteroid nears earth

June 27, 2011 By

An asteroid measuring between 15-60 feet in diameter will pass within approx 7,600 miles of earths atmosphere at 1pm EDT.

Astronomers are saying there is no chance of it colliding with earth. Lucky really as an asteroid of that size would have an impact similar to 2 or 3 atom bombs, experts say.

The astrroid named 2011MD should ve bright enough to be seen with a telescope.

This is not he first instance of a “near miss” a small astrroid earlier this year passed within 3,500 miles of Earth.

Filed Under: Education, Entertainment, World Tagged With: ,

Fighting to Stop Foreclosure through Class Action vs. Pro Se: What homeowners need to understand

June 26, 2011 By

Stop Foreclosure

 

Making the decision to stand up for your rights and demand justice for a wrongful foreclosure or to save your home is a critically important decision. An equally important decision is how you will go about stopping foreclosure and whether or not you will start or join a class action or perhaps challenge the pretender lender as Pro Se. Both methods have proven effective, but there are clear differences between the two. It’s important to know what your goal and desired end result is when weighing your options, because the wrong strategy and decision can be life altering.

Class actions have grown in popularity over the past few years, especially when it comes to stopping foreclosure and seeking damages. An advantage to joining a class action is the reduced expense. Normally but not always, legal fees are only handed when the plaintiff receives a favorable outcome or a settlement is reached; in which case the fees are deducted from the settlement amount. If this occurs, a homeowner does not have to front thousands of dollars in legal fees to begin or keep the fight going. Another benefit is that class actions tend to be more detailed with thousands of pages of documentation and evidence that supports not only your case, but everyone else in the class. Perhaps one of the main reasons to start or join on is due to the power in numbers. It’s often times easier to challenge big companies and corporations with several people behind you, supporting you, on a big scale than doing it alone.

According to ForeclosureFraudExposed.com, while class actions have some clear advantages to them, there are also major drawbacks. The key is keeping in mind what your goal is when it comes to stopping foreclosure. One issue that arises with class actions is time. In many cases, it takes years for class actions to be settled or to reach a judgment. When it comes to stopping foreclosure, this can be good news for some homeowners who still live in their home, allowing them extra time to stay in their house. But for families that have lost their homes already to foreclosure it is a drawn out process and means that they will not see any financial relief or assistance for quite some time, perhaps never. Again, it comes back to what a person’s desire result is. Are you looking to receive damage compensation? Are you looking to be awarded your home back? Or do you believe that you’re a victim of foreclosure fraud, and wish to challenge your pretender lender on their alleged right to foreclosure? For families that need help immediately, class actions may not be the best route.

Other issues with class actions are the actual settlement amounts and distribution of compensation upon being victorious. A $50 million dollar settlement may sound like a lot, but after all of the legal and miscellaneous fees are taken out and it’s split amongst 50,000 homeowners it doesn’t amount to much. Again, homeowners must determine what their goals are first, and then decide on a proper plan suited to their needs?

When it comes to stopping foreclosure class actions typically address one or two main issues or claims, but not the root problems. They may focus on predatory lending or illegal loan modification practices, but many times their settlements do not address the real issue at hand. In a 2009 large bank settlement, approximately half an $8 billion dollar settlement was allocated to “help” homeowners receive an affordable mortgage loan modification. Now how does that address the issue that the pretender lender never had right or possession to the property in the first place? In many instances, settlements and class actions do not address the real underlying issue of who has “real interest,” and the right to foreclose.

When a homeowner takes on the task of stopping foreclosure there are pros and cons as well. While an individual case may take less time to conclude in court, with results of greater monetary settlement for the homeowner, the legal fees can quickly add up, if a homeowner opts to recruit legal aid.

In practically every state across the country, there exists evidence of homeowners having success in stopping foreclosure fraud. Many are experiencing years of living in their home without having to pay a mortgage; while others have received a quiet title judgment to their home, removing a pretender lenders claim to interest from the property. To true quest of fighting to stop foreclosure for many homeowners nationwide, is freedom. Freedom of victory, freedom to win back lost time, freedom to stand for truth and justice, verses agreeing to fall victim of fraud. The reality is that fighting to stop foreclosure isn’t about debt anymore; it’s about freedom and reclaiming what is a constitutional right—life, liberty, truth, and the pursuit of happiness.

To learn more about foreclosure defense, the foreclosure process, and how to stop foreclosure, Click here.

ForeclosureFraudExposed.com is the Internet’s leading website, helping homeowners understand the foreclosure process, locate their securitized loan, and learn the various ways to fight and stop foreclosure.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

Filed Under: Careers, Education, Finance, Home & Garden, World Tagged With: , , , , , ,

The Foreclosure Process In California

June 20, 2011 By

california foreclosure process

 

California is a state which currently ranks number 1 in population and economic data, currently records over 30,000 foreclosures per month. Due to illegal inflation of housing prices by Bankers and Wall Street executives, hundreds of thousands of families have lost their homes to foreclosure in this Great Golden State. What is not known is that many times the Banks, Pretender Lenders, conduct foreclosure illegally without having documentation or standing to do so. This illegal process is in violation of the foreclosure process in California, this process is somewhat consistent with other non judicial states throughout the country. Knowing the foreclosure process in California and your home state is important to keeping your home and making sure that no one steals what is rightfully yours.

The great thing for homeowners facing foreclosure is that this goes beyond whether payments were made on time. This if foreclosure fraud, and the foreclosure process in your state is established to protect the rights of homeowners; provided homeowners follow their states nonjudicial foreclosure process, beginning with an objection on all points.


 The foreclosure Process In California

…is primarily nonjudicial, as is most of the northern and southern states are. Meaning the Pretender Lender who is attempting to foreclose on you, does not need go through the court system to do so. This makes it much easier for Pretender Lenders to commit foreclosure fraud, but there are also strict laws that they must comply with in order for the foreclosures to be in compliance with the state. It is easier in nonjudicial states such as California for Pretender Lenders to commit foreclosure through illegal practices since often times homeowners are unaware of Real Estate contract law and their due process rights under the Constitution of the United States.

According to ForeclosureFraudExposed.com , the starting point of the foreclosure process is when the mortgage payment is past due and not paid. Typically a mortgage lender or servicer will allow approximately two (2) months before they send the homeowner a Notice of Intent to Accelerate. This Notice is the first alert used to notify the homeowner of the bank or servicers intent to foreclose, if the missed mortgage payments are not cured. By law, the Pretender Lender must give the homeowner notice of their intent to foreclose, and an opportunity must be given to the homeowner to cure the due payment before foreclosure proceedings can begin. The neglect is that this notice must be given by certified or registered mail.

The Foreclosure Process In California

takes place after the mortgage has been past due for approximately three (3) months and approximately 21-30 days after the     Notice of Intent to Accelerate has been mailed to the homeowner. The Notice of Default is officially recorded at the local county     courthouse and in the local newspapers, serving as a public record that the mortgage of a said property is severely past due and   unless immediate payments are made to cure all past delinquencies, the said property will be foreclosed upon. Often times more   than not, Pretender Lenders violate homeowners’ due process right by failing to provide sufficient service and notice to the homeowner of the alleged foreclosure. This illegal practice of Pretender Lenders has been found to exist in 77% of all loans that are securitized. (To learn more about how to find your securitized loan online, Click here. )

If the mortgage debt is not cured after approximately four (4) months, the next step in the foreclosure process in California is a Notice of Trustee’s Sale. This notice is also recorded at the local county courthouse, in the local newspaper, and mailed to the homeowner within 30 days of the Notice of Default. A copy of the Notice of Trustee’s Sale must also be posted at the physical property address and the homeowner must receive at least 20 days notice prior to the actual date of the foreclosure sale. The date of the Trustee’s Sale must be set at least 21 days after the date which the Notice of Sale is recorded and published in the local newspapers. There are several methods to postpone a foreclosure sale. Filing a court injunction to stop the foreclosure due to foreclosure fraud is option when you have all of your documents together and can prove that the Pretender Lender violated the foreclosure process and your due process rights. Some homeowners also seek other alternatives such as filing bankruptcy, selling the home in a short sale or attempting a deed in lieu of foreclosure. Californians can file a stop foreclosure now sale up to five (5) days in before the sale date.

At the Trustee’s Sale, the highest bidder becomes the new legal owner of the property. In the cases where there are no bidders on the property, it becomes bank (REO) owned.

Missing any one step of the previously mentioned pre foreclosure process constitutes an invalid foreclosure. It is extremely important as a homeowner to make sure that you are aware of the various ways to stop foreclosure, so that you are not taken advantage of by Pretender Lenders.

To learn more about Foreclosure Help, Foreclosure Defenses, and How To Stop Foreclosure Fraud Please Visit: http://foreclosurefraudexposed.com

ForeclosureFraudExposed.com is the Internet’s 1st step by step video website, that provides foreclosure help to homeowners, by educating them on foreclosure defense, how they can protect their rights, how to find a securitized loan, and how homeowners faced with falling behind on payments, can legally fight to stop foreclosure.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

 

Filed Under: Careers, Education, Finance, Home & Garden Tagged With: , , , , ,

Play Fun and Interesting Geography Games Online

June 17, 2011 By

There is no better way to learn anything than by playing a game or solving a puzzle. Educators routinely challenge students in order to teach them interesting facts and figures by coming up with games for them to play or puzzles to solve which makes learning the new material much more pleasurable. And, it is proven that if you learn facts and figures in a way you think is fun, you are much more apt to retain the information you have learned.

Are you interested in learning about world geography but aren’t so crazy about sitting in front of your computer and reading article after article about different places in the world?Well then you should definitely visit a great new website called GeographyGames24. There are all types of geography games on offer at this site.

Do you want to teach your kids the names and faces of famous explorers? This website has a great game that challenges kids in a very fun manner to recognize the faces of the most famous world explorers in the history of mankind. Players are given two minutes to finish the game wherein they see a photo of the explorers and then they have to choose who it is from a few provided choices.

Maybe you would like to learn to recognize some of the most famous streets in the United States. You guessed it, there is a fun game on the site that helps you learn about famous US streets, where they are located and what they are known for. Learning geography could could never be more fun and there are a great many games and geography quizzes to choose from. If you happen to be a teacher, you can select games according to grade level and then challenge your class to a fun-filled geography quiz or game.

You could enjoy spending some fun, quality time with your family by playing a geography game. One of the most challenging and fun games to play at the GeographyGames website is the flag game. The goal of this particular game is to guess as many country flags as possible from 50 flags. Be sure to gather the kids around because you are only given ten seconds for each answer. It’s a bit addicting, but in a good way and it is an excellent way for everyone in the family to learn the many different country flags in the world.

How about playing a few brain training games? There are intelligence, memory, attention, focus, speed and language brain games on offer at GeographyGames so choose any one or several and raise that IQ! There are so many rather useless websites on the internet today but this little gem is truly one of those rare sites that actually has something of value to offer the visitor. It also offers a great amount of entertainment value. And, it is free to play the geography games and geography quizzes so there’s no reason not to check it out folks!

Filed Under: Education, Entertainment, Uncategorized, World Tagged With: ,

The Mindset of American Homeowners Trying To Avoid Foreclosure Fraud

June 15, 2011 By

 

Foreclosure is a life changing event that affects families far beyond losing their physical possessions. A home is where many make their memories, where their kids grow up, and much more than just a physical house. Being aware of the potential long term effects of foreclosure and how to stop foreclosure before it dramatically affects one’s life is crucial to know.

The first emotion many homeowners feel when are faced with the possibility of foreclosure is fear. People are often afraid of what’s going to happen next. What will happen to their home; their family, where will they go? These questions plague homeowners and many times they are so affected by fear that depression results, and paralyzes them from looking for alternatives to foreclosure. During this paralyzed state homeowners do not see all of the possibilities and where they can potentially fight foreclosure and save their home.

According to ForeclosureFraudExposed.com , homeowners are depressed about the reality of their situation, of losing their home, and in many cases about their job which they have already been let go of. Unemployment is one of the leading factors causing foreclosure, and with the economy in a recession and not improving, many people see themselves with a bleak future. Many household which previously relied on two incomes are now relying on just one income or perhaps none at all. Relying on unemployment benefits to cover a $2,500 mortgage is not going to cover one’s bills.

Homeowners also worry about the long term effects of them getting a home in the future and their credit. Where will they live if they are forced out of their homes? Many times homeowners must wait years before trying to buy a new home if they experience a foreclosure, and the credit bureaus report foreclosure for approximately seven years. This negative reporting on their credit will hinder their ability to buy things and be approved for loans in the future.

Another emotion homeowners may experience is guilt. Guilt that they took out a loan they could not repay. This type of guilt in many cases is not their fault though, since many times folks are taken advantage of by predatory lending and illegal foreclosure practices by pretender lenders.  As a homeowner you need to be aware of the potential effects that foreclosure can have upon you and your family. It is equally important to know that you have rights to stop foreclosure, save your home and not fall victim to foreclosure. In many cases, the foreclosing party does not have the right to seize your home, but since most homeowners don’t stand up and voice their rights they illegal get foreclosed on. The solution to this is to know your rights when it comes to the foreclosure process, thereby avoiding the effects and preventing foreclosure altogether.

To learn more about the different types of Foreclosure Help, Foreclosure Defenses, and How To Stop Foreclosure Fraud Please Visit: http://foreclosurefraudexposed.com

ForeclosureFraudExposed.com is the Internet’s 1st step by step video website, that provides foreclosure help to homeowners, by educating them on foreclosure defense, how they can protect their rights, how to find a securitized loan, and how homeowners faced with falling behind on payments, can legally fight to stop foreclosure.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

Filed Under: Business, Careers, Education, Finance, Health, Home & Garden Tagged With: , , , ,

Stop Foreclosure: Foreclosure Fraud Affects 2 Million Children Nationwide

June 14, 2011 By

 

Millions of families each year suffer from the devastating results of foreclosure fraud, but many times we do not consider the long term effects that foreclosure has upon some of the worst hit victims, children. While most parents are consumed with the consequences and realities of foreclosure and what they must do to save their families and put things back together, children often feel the long term effects of foreclosure as well.

The Center for Responsible Lending recently reported that since 2009 nearly 2 million children have been impacted by foreclosure. It is widely known that kids who are raised and subject to unstable surroundings are more likely to experience social and developmental challenges. Children often times hear what their parents are speaking about and the distress and emotion that parents experience from foreclosure, often times transfer onto their children. A lot of times children begin to feel as though they are a hardship and burden to their family and as a direct result, behavioral changes take place. They may first become more withdrawn, quiet and introverted, with a decrease in appetite and general desire for things.

As the family’s finances begin to run out, children may need to quit activities and sports they are in, simply because of the price. As family vacations are cut out and the general feeling of “fun” and happiness diminishes within the family, children tend to get even more withdrawn and depressed. They feel as though their “normal” life has fallen by the wayside and there is no more fun left to be had. Children sacrifice the exact things they loved about being a child – sports, hanging out with their friends, vacations, and having fun. The effects of foreclosure and foreclosure fraud impact a lot more than just a family’s address and the stress on parents. Foreclosure has far reaching impacts on the whole psyche of a child.

Uprooting children from their familiar environment, such as school and friends, and planting them into to a new unfamiliar environment can be traumatizing. As a result, children often become depressed, angry, and turn to drugs and crime. Because of the instable environment, many children exhibit behaviors related to lack of confidence. Many begin having lower grades in school and less interest in things they used to do.

It is important to realize and be aware of the potential affects that foreclosure fraud can have on children, especially if you are currently in foreclosure or may experience it in the future. Foreclosure fraud is a crime by itself. Yet the behavioral changes that often take place in the lives of children, poses an even bigger crime. According to ForeclsoureFraudExposed.com , in many instances, foreclosing banks don’t possess the proper documentation to show standing to foreclose. The challenge is that most homeowners aren’t aware of their rights as land owners.  Often times, the rights of many homeowners are given up, due to failure of questioning the foreclosing party, and forcing them to prove their alleged right to force foreclosure. Families nationwide don’t have to fall victim to foreclosure fraud, as there are many options and resources that can be used to stop foreclosure and help save ones home.

To learn more about Foreclosure Fraud, Foreclosure Defense, and How To Stop Foreclosure, Please Visit: http://foreclosurefraudexposed.com

ForeclosureFraudExposed.com is the Internet’s leading website, providing real foreclosure fraud information to homeowners, explaining down the foreclosure process, foreclosure defense, how to stop foreclosure, and much more.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

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Stop Foreclosure Defense Methods American Homeowners Use To Fight Foreclosure Fraud

June 12, 2011 By

Over the past two years, many banks have received a rude wakeup call in response to their illegal lending and foreclosure fraud practices, as homeowners nationwide have united to bring forth class action suits. Homeowners are starting to wake up and realize that they are victims of fraud, by banks and pretender lenders who schemed to defraud them of their homes. Families nationwide are not taking the truth and this news lying down, instead, they are fighting back to stop foreclosure, seeking out foreclosure defense methods and foreclosure information.

BOA, one of the country’s largest banks and lenders, has been named in several class action lawsuits recently. Since the robo-signing scandal of last fall surfaced, the company has been named in numerous homeowner lawsuits and a mounting number of class action lawsuits. BOA has maintained that the alleged foreclosure fraud, fabricated documents and robo-signers were “technical errors” and that their foreclosures were executed legally. Homeowners throughout California, Nevada, Florida, Georgia, Michigan, Illinois, Texas, North Carolina, Massachusetts, Colorado and Utah see it differently however, banning together in foreclosure defense class action lawsuits to the stop foreclosure fraud.

In class action suits filed nationwide, Homeowner defendants assert that the Bank and their subsidiaries “did not comply with the statutory prerequisites to foreclosure” thereby allowing homeowners to pursue injunctions to stop foreclosure, seeking damages and other forms of relief. In both judicial and nonjudicial states families are finding foreclosure defense methods that ring similar. One of the main arguments homeowners use is that the Bank or Pretender Lender did not have ownership rights to the note as a note holder, thus not possessing the right as a mortgagee or assignee at the time the foreclosures were executed.

It is challenging to take on the banks and save your home, but more and more homeowners are finding foreclosure help in favorable court judgments which have ruled that the Bank or Lender did not possess the power or right to foreclose. According to Foreclosurefraudexposed.com , “there are many possible avenues to stop foreclosure and methods of foreclosure defense, but this has proven to be one of newest trends. In the mortgage documents themselves, it outlines who has interest in the mortgage and who has interest in the actual note and debt. In many cases, the foreclosing party assumes that because they have interest in the mortgage property, they have interest in the note, debt, and obligation to collect payment. This is not true.”

Judges all over have ruled that interest in the mortgage does not imply interest in the actual note and debt, and that to assert such defense is an invalid reason to foreclose. Only the actual owner of the note can claim to have ownership rights and foreclose upon someone’s home. This is just one example of foreclosure information that many homeowners have misconstrued, thereby allowing Pretender Lenders to foreclosure and steal their homes illegally. The benefit of joining a Class Action Suit is that it provides immediate foreclosure stoppage. No foreclosure action by the Pretender Lender can take place, thus granting the homeowner months and sometimes years of no mortgage payments, until the Suit comes to conclusion. In many instances, the Suit is successful and the homeowner is awarded their home free and clear.

To learn more about Foreclosure Fraud, Foreclosure Defense, and How To Stop Foreclosure, Please Visit: http://foreclosurefraudexposed.com

ForeclosureFraudExposed.com is the Internet’s leading website, providing real foreclosure fraud information to homeowners, explaining down the foreclosure process, foreclosure defense, how to stop foreclosure, and much more.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

 

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Stop Foreclosure Assistance For Military Servicemembers

June 6, 2011 By

Foreclosure fraud is quickly becoming an issue that countless American homeowners, including military servicemembers, are faced with today. If you or your loved ones are actively serving in the military, or you are a family member of a deceased military servicemember, you have additional options to receive foreclosure help and stop foreclosure fraud through federal programs.

For decades the government has created additional programs for active military servicemembers to aid them with financial problems such as foreclosure. According to Rick Haughton, former Mortgage Lender, Investor, and now Consultant with ForeclosureFraudExposed.com , the idea behind many of these programs, such as the Servicemembers Civil Relief Act (SCRA), is that military personnel should not be burdened with home foreclosure issues while they are serving for their country. “A Military Servicemember distracted with the threat of foreclosure, cannot be focused nor perform to the best of their abilities, and the government has introduced the SCRA to help curb that,” said Haughton

Yet despite the thousands of active military personnel who have sought relief from foreclosure under these federal programs, pretender lenders have continued their illegal foreclosure fraud methods and violate the provisions of these programs. Just within the past week, Bank of America and Morgan Stanley settled an unlawful foreclosure case against them to the tune of $22.4 million. The settlement only addressed a fraction of the real monetary value they should have paid military personnel who had their homes illegally seized and foreclosed on, but the case itself was a good example of how military servicemembers came together to fight foreclosure actions that were being taken against them.

“It’s great to see that military personnel are starting to take advantage of the government programs and additional foreclosure help that is available to them,” echoed Rick Haughton. “Too frequently American homeowners, including military servicemembers, do not seek foreclosure help and assistance due to lack of information. Many feel paralyzed by their situation and as a result, fail to take action. Luckily for military servicemembers they have additional resources and programs available to them to delay foreclosure while a plan to stop foreclosure fraud entirely is crafted.”

“With military personnel, it’s a lot more black and white when it comes to foreclosure fraud. They have additional laws and provisions that protect them such as the Servicemembers Civil Relief Act (SCRA) and the newly expanded Military Homeowners Assistance Program (HAP), where military personnel can receive more foreclosure help and assistance than ever before,” Haughton elaborates. “A portion of the government stimulus program passed in 2009 by President Obama, the American Recovery and Reinvestment Act, allocated over $555 million dollars to the HAP program. The additional funds provide military servicemembers with foreclosure help, assistance with rent, and other forms of financial aid.”

“The first thing military servicemembers should do if in need foreclosure help is determine what stage they are at. Are you behind a few months? Have you received a notice of default on your mortgage? Or have foreclosure proceedings already been brought against you” Haughton explains. “It’s important to know your starting point, and determine what type of program or assistance will help you moving forward. “If a servicemember is already amidst foreclosure proceedings the plan would be to examine the SCRA, which can aid in up to a year of foreclosure stoppage” stated Haughton. Very frequently pretender lenders don’t pay attention to whether or not a person’s home is owned by military personnel or not. As a military servicemember you have additional protections available to you to help you protect your home against foreclosure fraud.

“The reality is that pretender lenders don’t possess the necessary documentation to foreclose. Civil rights of servicemembers and American homeowners are invalidated everyday because most just assume that to not pay a debt makes them at fault, which is not the case. It starts with knowing the truth and standing on the rules till justice is served,” echoed Haughton. Foreclosure Fraud is a crime, but if servicemembers and homeowners don’t fight for justice, the crime will continue.

To learn more about Military Foreclosure Help, Foreclosure Defense, and How To Stop Foreclosure Fraud Please Visit: http://foreclosurefraudexposed.com

More on Rick Haughton

Rick Haughton has been instrumental in helping homeowners across America understand the foreclosure process, fight for their rights are, and learn how to stop foreclosure and not fall victim to foreclosure fraud.

ForeclosureFraudExposed.com is the Internet’s leading website, providing real foreclosure help to Military Servicemembers and American homeowners, by educating them on foreclosure defense, how to stop foreclosure, protect their rights, find a securitized loan, and much more.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

 

Filed Under: Business, Careers, Education, Finance, Health, Home & Garden, Uncategorized, World

The Problems American Homeownes Face With Foreclosure Help And How To Stop Foreclosure Fraud

June 5, 2011 By

The problems American homeowners face with receiving real Foreclosure Help and How To Stop Foreclosure Fraud are the tactical, misdirection methods used by loan modification scam companies and others for the sole purpose of controlling American homeowners, causing them to lose hope, not take action, and become filled with fear, anger, and guilt. The result: catastrophic foreclosure fraud for the American homeowner.

According to Rick Haughton, former Mortgage Lender, Investor, and now Consultant at ForeclosureFraudExposed.com , this is a perfectly devised plan by pretender lenders executed on the American homeowner. “If a homeowner looking for foreclosure help gets on their computer and runs a search in any major search engine on how to stop foreclosure, foreclosure fraud, stop foreclosure or foreclosure help, 12 out of the top 15 search results will return loan modification companies camouflaged as real foreclosure help companies,” said Haughton. “What’s even worse is that of the 10 to 12 loan modification companies found in the top 15 search results, all 10 to 12 are the same two companies. These companies just tweak the home page to make it appear a little differently. This leads us to problem number one,” said Haughton, “the pretender lender.”

Haughton explains that in 2010, less than 14.8 % of loan modification applications were approved. Therefore, a homeowner facing foreclosure or looking for foreclosure help has just reduced their chances of success and stopping foreclosure by 86 percent. “Day in and day out, homeowners searching for help to stop foreclosure repeat this vicious cycle until they get frustrated, burnt out, and quit. The key point homeowners must realize is that the pretender lenders set this system up to ensure their failure,” he further explains.

The next problem homeowners seeking help to stop foreclosure face is what Haughton has termed “re-hashed news websites.” He says, “The acronym is WIIFM. It stands for ‘what’s in it for me.’ The point is why would I, as a homeowner looking for foreclosure help, care to get caught up in foreclosure news stories, especially if it’s not relevant to my personal situation. Yet most American homeowners seeking real foreclosure help do this each day. The homeowners that are winning and stopping foreclosure aren’t reading news stories unless it pertains to their specific city or state.” Every state has judicial or non judicial foreclosure rules, and no one state is the same as the next.

One of the biggest problems American homeowners face on foreclosure defense and how to stop foreclosure is the lack of legal representation. Most Attorneys have a conflict of interest because they represent pretender lenders, charge too much, or don’t know enough about how to stop foreclosure. According to Rick Haughton, there is a simple solution to this problem and all of the other problems. “I call it preparation, education, and documentation. A homeowner that picks up the phone, calls an Attorney, and requests foreclosure help, without first educating themselves on understanding the pretender lender that’s foreclosing, getting their documentation in order, and doing their own free securitization search, is setting themselves up for failure,” said Haughton.

It’s insane to expect a professional to do all of the work for you and still come out with a victory. Furthermore all of the negotiating power is lost if the game plan is to call an Attorney first. “Homeowners serious about stopping foreclosure must become experts and do their own research first. Conduct all of the research, gather all documentation, dig up all instances of foreclosure fraud, and then make a phone call. I can guarantee that the results will be more favorable, and homeowners will have more negotiating power that will lead to them paying wholesale prices, verses retail Attorney prices,” said Rick Haughton. You can never expect someone to invest time and energy in you if you’re not willing to invest it in yourself first.

To learn more about Foreclosure Help, Foreclosure Defense, and How To Stop Foreclosure Fraud Please Visit: http://foreclosurefraudexposed.com

More on Rick Haughton

Rick Haughton has been instrumental in helping homeowners across America understand the foreclosure process, what their rights are, and how they can stop foreclosure and not fall victim to foreclosure fraud.

ForeclosureFraudExposed.com is the Internet’s leading website, providing real foreclosure help to homeowners, by educating them on foreclosure defense, how to stop foreclosure, protect their rights, find a securitized loan, and much more.

Media= For Information Contact Vanessa Duvale – support@foreclosurefraudexposed.com

To learn more about the foreclosure process, foreclosure fraud, what your rights are, and how to stop foreclosure? Please visit http://foreclosurefraudexposed.com for more information.

Media Contact: Vanessa Duvale Foreclosure Fraud Exposed, support@foreclosurefraudexposed.com

 

 

 

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