It is after months of savings and years of aspiration that you finally decide to purchase your dream house. And if you are living in a country like the USA, taking a house loan is unavoidable if you belong to the mid-income group. This again entails a thousand odd processes and acute planning down to the finest detail. In the entire procedure, buying the house at the earliest remains your top priority. Many a times it so happens that you sign the loan papers hastily without delving much into it. It is during this time that unscrupulous lenders take advantage of your haste and trust and mislead you. And if it is related to matters of mortgage, things become even more tricky and complicated.
It is in such situations that a formidable attorney can do justice to your situation. And the good news is that a lot of law firms are coming out and staging an aggressive fight against this menace. And most of these firms have a pan America presence with established lawyers at their disposal. They use multiple State and Federal Laws and experienced professionals in an attempt to keep clients in their homes and that too in an affordable way. But the main criterion for a successful outcome is that you cooperate in the entire process and do not miss out even the minutest details.
Once the lawyers have enough information, they will use both the State and Federal Laws along with a securitization loan audit analysis to gain leverage in order to obtain a favorable settlement so that the default lenders are proved guilty. The securitization analysis acts as a lethal weapon in successfully bringing or defending an action against your lender. Your loan may be part of an endless flow of missing documents and discrepancies that can be uncovered using the securitization loan audit analysis. The purpose of loan audit is to detect violations within your loan documents that can be used to your advantage under the Truth in Lending Act or the Real Estate Settlement Procedures Act.
Such litigations are generally beyond the comprehension and control of the common man which is why you need expert advice and suggestions from quality lawyers who specialize in such form of defense. Debt consolidation refinance is another slippery area which you should tread with utmost caution. An astute attorney will easily guide you through this.
Again, there is the foreclosure defense which the law firm uses to defend you against your lenders. A competent lawyer will provide effective foreclosure defense representation by thoroughly analyzing the documentation and complaints put together by the lenders. However, do make sure that you provide the exact sale date on foreclosure because without this, the lawyers cannot corner the offenders. Your debt could be erased in its entirety but most likely your attorney can delay a judicial or even a non judicial foreclosure and very often lower the balance of the loan to a significant amount.