Breaking news- Loan modifications fail in 6 months or less:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aVd77NOyy2eA&refer=home
Loans originated with fraud and predatory lending should never be "modified or refinanced".
They should be repudiated.
Violations of the FannieMae guidelines, which is not only the vast majority of all mortgages, but is also used as an industry standard. Any violations (FRAUD), means the lender must buy back the loan.
One of the most effective tools to cut through the toxic mortgage maze is a mortgage audit or forensic loan document review that can help discover legal violations on your loan, which will help you negotiate your mortgage before you are late.
Our forensic loan audit includes reporting all suspicious activities to the following Govt. Enforcement and Regulatory agencies as well as Members of The House Committee on Financial Services, subcommittee on housing and enforcement: FBI, IRS-Criminal Investigation, CA Dept of Justice, Real Estate, Corporations, Financial Institutions, Office of the Real Estate Appraisers, Federal Trade Commission, LA County Dist Atty, Office of the Federal Housing Enterprise Oversight-HUD, FDIC and your Lenders Regulatory Agency (OTS, OCC)
Lastly, our Attorneys will file a Lawsuit claiming one or more of the following: Slander of Title; Fraud (Material Misrepresentation); To Void Contract Based on Impossibility to Performance (CA Civil Code 1411, 1511, 1595 et seq); To Cancel Deed of Trust; Breach of Fiduciary Duty, Violation of CA Business and Professions Code Section17200 et seq;Intentional Infliction of Emotional Distress; Declaratory Relief; Injunctive Relief; Restitution (Unjust Enrichment)
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