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BReAKING LEGAL NEWS

Mortgage Paperwork Mess: Video

The recent 60 Minutes expose on bank fraud affecting home loan borrowers highlighted some of the issues in the current mortgage-lending and foreclosure crises. It is truly shocking on how sloppy and downright dishonest lenders have been in their rush to foreclose on home-loan borrowers. If a homeowner has the means to hire good litigators and investigators and can discover all the errors and fraud committed in their specific case, they can build a very strong defense against foreclosure and might be able to build a case against the financial industry which could result in damages awarded to them.

The revelation that loan servicers were rapidly signing foreclosure documents without even reading them has uncovered a morass of serious paperwork problems.

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