Bank of America Sued by Arizona and Nevada for Fraudulent Loan Modifications

Name:Helen Johnson
Email:Helen09381423@yahoo.com
Ad Title:Bank of America Sued by Arizona and Nevada for Fraudulent Loan Modifications
Message:First let’s review to see if this is the first time that Bank of America has been accused of pretending to modify loans: BofA Sued AGAIN Over HAMP: Bank Accused Of Lying About Lost Paperwork Arthur Delaney - 07/12/2010 02:00 PM In a new lawsuit seeking class-action status, homeowners accuse Bank of America of systematically and deliberately failing to comply with the Obama administration's mortgage modification program by lying to borrowers about missing paperwork and fudging their financial information, among other things... (Huffington Post) And then . . . Enough: Rampant Fraud in Foreclosures Means It's High Time for a National Foreclosure Moratorium Ray Brescia - 10/04/2010 10:06 AM Officials at two major banks admit that they filed fraudulent documents in hundreds of thousands of foreclosure actions. African-American and Latino borrowers are roughly 75% more likely than white borrowers of similar economic backgrounds to face foreclosure. (Huffington Post) And now . . . Arizona, Nevada Sue Bank Of America Over Mortgages New York Times - 12/18/2010 09:09 AM The attorneys general of Arizona and Nevada on Friday filed a lawsuit against Bank of America, accusing it of engaging in \"widespread fraud\" by misleading customers with \"false promises\" about their eligibility for modifications on their home mortgages... “In withering complaints filed in state courts in both states, the attorneys general accused Bank of America of assuring customers that they would not be foreclosed upon while they were seeking loan modifications, only to proceed with foreclosures anyway; of falsely telling customers that they must be in default to obtain a modification; of promising that the modifications would be made permanent if they completed a trial period, only to renege on the deal; and of conjuring up bogus reasons for denying modifications. “The complaints in the lawsuit in many ways echoed problems encountered by homeowners nationwide who have tried with little luck to obtain mortgage modifications from banks, often through a federal program set up for that purpose. Thousands of homeowners complain that banks repeatedly lose their documents, fail to return calls or foreclose when a homeowner believes he or she is still negotiating a modification.” Tila Solutions receives countless calls from homeowners every day who have suffered at the hands of all the major and minor banks --- describing the situations that are cited in these two most recent suits by Arizona and Nevada. And sadly, many of the people who call, seeking help, still have a hard time believing that the bank will, in the end, take their home. Why? Because they keep being told by the bank, “Not to worry, you are in review for modification,” or “Just resubmit your paperwork.” Weeks later, Tila Solutions gets that call from that same homeowner again: “They sold my home, what do I do now?” If there is any message that homeowners need to hear and believe it is the fact that the bank is lying to you. There is substantial proof of it all over the news, in the courts, around the internet, and in your own neighborhoods. Those who save their homes do so by refusing to listen to the banks, and getting professional help. It has been stated for months by many people in many walks of life: Banks do not want to modify your loan. They’ll string you along because they want to foreclose on you. Why? There’s no money in modification. That is the simple truth. Here’s the most important thing to remember: Banks will foreclose on you while they fight the lawsuits that have been filed against them. The way you save your home is by taking action now. There are those who think and say they’ll wait for the government to do something â€" they will lose their homes while they wait. The bank can foreclose much faster than the government can try a case in the courts. The success in saving your home starts with investigating the bank and holding the bank accountable for the crimes they committed against you when they gave you the loan, that’s called a forensic audit. If you are already in foreclosure, then investigate the bank to find out if they even have the legal documents they need to foreclose on youâ€"that’s called a Securitization Audit. These two audits will open the doors to helping you save your home. Tila Solutions is expert in getting these investigations done and then using them to get the bank to quit leading you on and give you a loan mod â€" and a good one at that. Trust the people who have the proven record of saving homes. Stop trusting the people who lied to you, cheated you, and are continuing to do so every day. When they tell you that you don’t need anybody on your side, (while they are suing you) just remember that they can manipulate you and that is why they don’t want a professional helping you. You are easier to lie to and bamboozle than a professional company that has the proof of all their crimes and stands up for you, fights for you, and most important of all wins for you. Tila Solutions looks out for you. Their audits will prove you were wronged and they will use those audits to help you get a loan mod. A Tila Solutions Consultant is available for people by telephone at (702) 508-0335. Or you can visit the Tila Solutions website at http://www.tilasolutions.com. They will help you and your family. They are on your side. Key Words: BofA, Bank of America, loan mod, loan modification, foreclose, foreclosure, Tila Solutions, Tila, loan, audit, fraud, forensic loan audit, predatory loan, notice of default, Securitization Audit, fraudulent loan modifications, Arizona, Nevada, Attorneys General, HAMP
Website:http://www.tilasolutions.com
Phone:(702) 508-0335

The message has been sent from 121.54.2.132 (Philippines) at 2010-12-30 15:36:34

Powered by 123ContactForm

Comments :

0 comments to “Bank of America Sued by Arizona and Nevada for Fraudulent Loan Modifications”

Post a Comment