Statistics Reveal at Least Half the Foreclosures are Cured-Foreclosure Profitable to Banks

In most states, foreclosure is initiated after three payments have been missed.  In most states, the beginning of foreclosure is a document known as the notice of default.  It will be mailed to the property address, and often nailed to the door of the property as well.  In some states foreclosure is judicial – meaning the process has to go through the courts, in other states foreclosure is non-judicial and can be done through a trustee, such... [Read More...]

Your Lender is Not Your Friend

Once you have missed a payment the lender is not your friend. Missed payments equal more money for the lender. The more the lender gets, the happier he is. The best way for the lender to get more money out of you is to increase your monthly payment through accrued interest from late payments or missed payments, late fees and penalties. It is a real money maker for the lender. This has always been a fact and all homeowners know it and accept it. Where... [Read More...]

Restoring Your Credit Scores is an Essential Part of Financial Recovery

If you are like so many people today, the down trending economy has left you under employed or unemployed. You may have struggled for many months attempting to save your home from foreclosure, and hopefully you did not lose it like so many have. But probably in your attempts to save your home, your credit scores have dramatically declined. As a result, you could be trying to figure out how to put all the shattered pieces back together. If you are... [Read More...]

Are You a Victim of Bank Perpetrated Fraud?

Often the people who come to Truth in Lending Auditors feel that they have been the victim of fraud perpetrated by the banks. The type of fraud that now has them in foreclosure, and desperately trying to get a loan mod. They often feel that the bank or broker ran a scam on them. They feel betrayed and untrusting. Often this distrust will prevent them from taking any action at all. Sadly, They’ll lose their home to foreclosure all because of a predatory... [Read More...]

Why Are You Listening to Your Lender?

Looking around on the internet, one very clear statement comes across – Lenders lie to homeowners. Why are you listening to your lender? The most common lie is that the lender really wants to help you, and is working on a loan mod for you, but actually he is just stalling while he waits for the foreclosure to complete. Tila Solutions saves homeowners from these lies every day. Tila Solutions conducts forensic loan reviews for homeowners. Tila... [Read More...]