By Caroline Taylor As the months pass and more and more homeowners have utilized Forensic Loan Audits to show that they are stuck in Predatory Loans, which they can never hope to repay, the crisis builds and builds for the banks. One such example of this crisis is a recent lawsuit where the Federal Home Loan Bank of Chicago sued BofA, Citigroup, Goldman Sachs, and Wells Fargo for the more than $3.3 billion in residential mortgage backed securities these banks sold them. In short, it seems the ... read more ->
Tag Archive: Goldman Sachs
Tila Solutions Consultants are contacted every hour of every day by homeowners who are trying to understand what a predatory loan is and to determine if their loan is a predatory loan. They feel the need to make sense out of their downward spiraling financial situations that seems to be far beyond any ordinary financial struggles.
They know things are not right. They know their mortgage seems to be too high, but they don’t know if they are the owners of a predatory loan. Knowing if your loan is predatory is a critical first step to being able to gain a foothold over your lender and get real solutions such as a real loan mod. View full article »
