For some time now the nation has been abuzz with the knowledge that more than 6 million loans issued over the past decade are predatory. Almost every homeowner who has attempted to work directly with his servicer to get their loan cleaned up (modified) has found that they’ve been lied to, stalled, cheated, mislead, and then foreclosed upon. Thus the Lenders have been labeled as predatory servicers. Now it has come to light that the foreclosure of these loans is also nothing but a pack of lies. Those are the predatory foreclosures. Tila Solutions has been using Forensic Loan Reviews or Forensic Loan audits for quite some time now to show the federal violations in loans and save homes. The use of forensics has been a powerful resource to stop foreclosure. View full article »
Tag Archive: Forensic Loan Review
When a homeowner is rejected for a loan modification by his lender, a Forensic Loan Review is the critical first step that he or she should take to resolve the situation. A homeowner does not have to wait until he needs to stop foreclosure to get a Loan Audit done. In fact, the wise homeowner does not approach his lender to request a loan mod until he has his forensic loan audit completed. View full article »
There is nothing more powerful than a forensic loan audit to stop a foreclosure, stall a foreclosure, or prevent a foreclosure, and then successfully bring loan modifications to the homeowner. The success rate using Tila Solutions is greater than any other approach currently known.
Let’s see how this rates against other common approaches taken.
Scenario One: You contact the bank, fax in the documents they request so that you can see if you qualify for a loan mod. Happily you go to work waiting to hear the results. The results are in: You’ve just picked up a foreclosure notice on your door. And, there are letters claiming the bank never received your documents for a loan mod in your mailbox. The cost of the foreclosure is being added to your mortgage, and you are being told that you have so many days to cure the default or foreclosure will begin. You don’t have the several thousand dollars to cure the default and you lose your home: 100% failure rate for a loan mod in this scenario. You never even had a fighting chance: You didn’t have a Forensic Audit. You didn’t have anybody to ensure the bank actually did their job. View full article »
