Predatory Practice Help Needed!!!

Hi there AR Community! I had a panic phone call today from a very nice gentleman who has two investment properties that he purchased two years ago that he is about to miss a payment on. He called me asking if I could help him with a short sale.

When we met at my office I asked him the usual battery of questions I ask to screen to see if the short sale would even be a good option for him. After a few moments I told him that I would first like to try to work out a loan modification to see if we could try to keep his excellent 765 FICO score in tack.

After looking at his paperwork I believe that he has fallen victim to some of the predatory lending practices that have been out there. He is a very nice Hispanic man who speaks broken English and seems to be very trusting. I believe that he was told one thing from the lender and then signed paperwork different then what he was told.

When loan docs they were in English, and the lender was not present. A Mobil notary came to his house and he just signed all the papers where marked for him to sign.

I know that there are people who specialize in this type of situation and I am not sure who to turn to for help. I have gotten authorization letter to speak to the lenders about the modification of the loan - but I would personally like to try to see if something can be done to the lender that did this so that he does not continue to do this to other people.

The gentelman who came into my office showed me a copy of his IRS statements in 2005 (when he purchased the two properties) and he only made $22,000 for the year. One of the homes he bought was about $250,000 and the other was over $300,000 plus he had his primary residence.

It amazes me that a lender will give someone who only makes $22,000 a year the ability to purchase two additional homes at 100% financing and not think he will default.

Can someone advise me the best place to look for help with this matter. I am in Palmdale California