Perhaps you’ve heard the term “robo-signing” in the news.
Maybe you heard stories about mortgage companies suing homeowners in foreclosure, yet those mortgage companies cannot prove that they actually own the mortgage for the house in question.
Maybe you’re a homeowner who is facing foreclosure and you are wondering whether or not you have any legal defense in order to fight your mortgage company in the foreclosure lawsuit.
Watch this video from 60 Minutes, aired on Sunday, April 3, 2011 – and you will have some insight into the current mortgage crisis faced by millions of homeowners across the country.
Unfortunately, I have seen many foreclosure cases where the mortgage company is unable to prove that they actually own the mortgage in question. These same mortgage companies ask my clients to provide extensive details regarding their income, bank statements and tax returns while applying for a mortgage modification, yet these same banks are unable to prove that they truly have the right to foreclose on my clients.
Remarkable, but true.
David Giller, Esq. is a Consumer Law attorney, providing professional, confidential and compassionate legal advice throughout New York City and northern New Jersey in financially stressful matters including bankruptcy, foreclosure defense, debt settlement, Fair Debt Collection Practices Act and Fair Credit Reporting Act. To learn more about David or his law practice, visit www.gillerlaw.com.
