Homeowners across the nation are suffering as major banks are claiming to be working on a Loan Mod for them, only instead their homes end up in foreclosure. These homeowners often have no idea how to stop what feels to them like a bank scam. They don’t know how to stop foreclosure. Sadly, they often don’t realize that the foreclosure could be illegal – that is until they come to Truth in Lending Auditors.
The federal laws that protect consumers have been ignored for the last 10 years TILA, RESPA, HOEPA, and ECOA. Search for tila2 on Google to find out more in regards to these laws, this will take you to Truth in Lending Auditors. You will also discover how almost 80% of the loans issued during the past have not only contained fraud, but have these other violations as well. With their forensic audit, Tila2 will show you how the lending institution has potentially violated many laws. The facts provided will explain a lot of the reasons why our nation’s foreclosure rate has been so high.
Tila2 truly educates the homeowner and makes him aware of the power he has with his loan documents, once he gets forensics done. A properly done Forensic Loan Audit will show the bank the real hardships with the loan. Interestingly, they are the hardships the bank is now going to have because the bank was the issuer of the loan. All the homeowner did was sign what he was told was a good loan for him. It is so often the reason that borrowers will feel the word “scam” come to mind. They trusted the bank, and now it turns out the bank violated the laws.
A predatory loan is best described as a loan that put a borrower on the road to foreclosure the moment he signed the documents. Homeowners are faced with trying to keep their home despite their predatory loan. Sadly, the Bank’s loan preys upon them, and eventually consumes them.
Consumers usually tell Truth in Lending Auditors, as they learn more about these predatory Loans that their lender’s false hopes of a loan mod were really just another scam. And, why wouldn’t they feel this way: thousands of consumers were assured they would get a loan mod, only to be told at a later date that it wasn’t going to happen. The lender had decided to foreclose instead. Usually because the lender found that foreclosure would make them more cash.
An important thing to know about Truth in Lending Auditors is that they have a free service for homeowners who have received forensics from them. The company will assist the homeowner to achieve a loan mod, short sale, or other successful negotiation utilizing the Forensic Loan Audit. Homeowners often do not know what to do with the forensics, which is the key reason why the people at Tila2 provide this free service. When you show the bank the Forensic Loan Audit, and all the areas that make it a predatory loan or even a fraudulent loan, the bank changes their tune and becomes serious about getting the loan mod done.
Truth in Lending Auditors is the company that can help you. The people at Tila2 know a predatory loan can wipe you out and they know how to prevent it using forensics.
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