Even when homeowners pay on time banks and loan companies sometimes charge late fees.
Robo signing is one type of mortgage fraud that has received a lot of attention in the press as the loan companies find many ways to speed up the foreclosure process and generate revenue at a homeowners expense. According to the Center for responsible lending here are the top 10 loan servicing abuses.
1. Misapplied payments
2. illegal fees
3. two-faced help
4. Blocked refinances
5. squelched legal rights
6. botched tax and insurance
7. no communication
8. whirlwind foreclosures
9. crazy foreclosures
10. Robo signing and other fraud
For more information see the Center for Responsible Lending.
How Chris Wesner Law Office Can Help
If you or your family needs to get out from a mountain of debt or protect you and your family’s future, you need to speak with an experienced, empathetic, and knowledgeable attorney like the ones at Chris Wesner Law Office, LLC. Give us a call to set up an in person or telephone conference for FREE. That’s right, FREE. Our initial consultation is 100% FREE, with NO STRINGS attached. There is NO FEE if you decide that bankruptcy is not for you. In fact, we OFTEN encourage our clients NOT to file bankruptcy. There are many myths people think are reality that are plain and simple not true.
Chris Wesner Law Office, LLC has offices throughout the Miami Valley including: Dayton, Xenia, Springfield, Troy, and Piqua with other offices expected to be coming soon like Sidney and Hamilton.