The Housing Foreclosures Team represents and advises clients who are facing a foreclosure sale on their homes.
While there are many reasons a foreclosure process is begun, sometimes borrowers have been placed into predatory home loans which increases the chances the borrower will default. While predatory lending is defined many ways, some say it is “intentionally placing consumers in loan products with significantly worse terms and/or higher costs than loans offered to similarly qualified consumers in the region for the primary purpose of enriching the originator and with little or no regard for the costs to the consumer.” Visit site
Predatory lending practices are sometimes hard to spot, and even when suspected the Housing Foreclosures Team cannot accept every case.
The Housing Foreclosures Team also provides advice to clients wishing modifications to their loans, or who have other issues with their lender.