Category Archives: Securitization Audit

United Law Group Welcomes Federal Investigators Contends That Banks Failed the People

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Irvine, CA (Vocus) March 12, 2010

United Law Group’s senior managing attorney Robert Buscho commented on the current investigation of alleged loan modification fraud. Served with a federal search warrant, the firm welcomed members of a joint job force to its offices on Thursday morning.

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United Law Group has practically nothing to hide, stated Buscho. Our circumstances are well documented and recorded. We are confident that this investigation will prove that our firm has acted in the very best interests of all of our clientele and are hopeful that it will shed light on the truth of what the banks are doing to the American public.

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Prior to the passage of SB 94 the firm represented home owners in litigation and negotiation efforts with mortgage lenders and servicers. The firm no longer accepts advance fees and has stopped accepting loan modification clientele in compliance with the law. In contrast to some firms that closed their doors following the passage of SB 94, United Law Group continues to service its existing clientele for no further costs.

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We feel passionately about helping individuals and stand by our current consumers, said Buscho. We are carrying out every thing legally attainable to assist our clientele.

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United Law Group filed six separate extensions to stop foreclosure proceedings against one client who retained the firm more than a year ago. The firm received word final month that the client was presented a trial modification. An additional single father waited more than 11 months even though the firm negotiated on his behalf. The trial modification supply came although he was working overseas and the firm got the bank to honor the modification offer one month right after it expired. The firm has numerous stories just like these.

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Preserving that it is the banks that in the end benefit when reputable law firms are targeted, United Law Group cites HAMP statistics as proof that the banks are in fact at fault for non-compliance.

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Two years ago the individuals of this nation had been led to believe that the banks have been going help to resolve this crisis, stated Buscho.

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At that time, President Barack Obamas Home Cost-effective Mortgage System (HAMP) gave $ 42 billion of TARP money to banks with a goal of modifying four million mortgages. According to an report published in December 2009, there had been only 650,994 trial modifications supplied and 1,911 .047% of the 4,000,000 targeted permanent modifications completed by the banks.

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“The numbers dont lie, mentioned Buscho. Weve taken the stance of David against the collective Goliath that is the banking industry since we believe that someone has to stand up to those giants and fight for the rights of the individual. We think that the benefits of this investigation will prove after and for all that United Law Group is here to keep and right here to aid people and households who had been let down by the banks empty promises.

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About United Law Group&#13

United Law Group represents customers in complicated litigation regarding abusive banking practices, breaches of contract and violations of state and federal laws. United Law Group also litigates instances involving bankruptcy, IRS settlements and debt settlements in state and federal courts across the nation. Employing a team of prime-notch attorneys, United Law Group leverages major-edge technologies to manage situations, support investigative efforts and make sure correct, frequent communication with its consumers. The firm is at the moment forming several class action lawsuits.

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Associated Loan Modification Services Press Releases

Townhall Meeting to Raise Homeowners’ Concerns Against Practices of Banks in Property Loan Modification and Foreclosure

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San Jose, CA (PRWEB) March 18, 2010

Homeowners In Action (http://www.homeownersinaction.com), a neighborhood grassroots movement concerned about the lack of fairness and transparency in bank practices, announced nowadays that a town hall meeting will be held at the Martin Luther King, Jr. Library in San Jose on Saturday, March 20, in order to raise home owners concerns against the secretive and ineffective practices of banks in property loan modification and foreclosure.

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Janice Hills, a San Jose resident, has been waiting for her loan modification because February 2009. Twelve months later she received a get in touch with from a loan underwriter supplying a loan modification package with payments only $ 20 less than her old loan payment. Now she has tiny alternative except to let go of the property or file for bankruptcy.

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However, Janice is not alone. Hundreds of thousands of homeowners across the nation face similar stories and thousands of households are heavily hit locally in San Jose.

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Foreclosure dont just effect the household who loses their property, they impact the stability of our neighborhoods,” said San Jose Mayor Chuck Reed on April 8, 2009.

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But, regardless of $ 75 billion offered to banks by the federal government to assist in preventing foreclosure by way of the loan modification procedure, new data released shows that the governments foreclosure prevention plan has been ineffective: mortgage servicers have delivered fairly couple of permanent modifications. Although a necessary Prepayment Trial Plan is supposed to last only for three months, ProPublica reported lately that about one hundred,000 homeowners have been stuck in a prepayment plan for longer than six months, some for as extended as 10 months, a lot more than 3 occasions the Obama Generating Residence Reasonably priced Applications recommendations, even though several have noticed their home foreclosed during the approach.

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The bailout is taxpayers’ money. It requirements to get out to the people on Main Street to preserve these properties, to protect these neighborhoods,” said California Assemblyman Alberto Torrico.

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Jenny Do, San Jose lawyer and cofounder of Home owners In Action, said: It is essential to halt all foreclosures on property loans unless they have been processed through the governments Residence Reasonably priced Modification System and exhausted lenders own alternative modification programs.”

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Michel Lopez, CEO of a nearby company, added: “Home owners in economic problems are victims of unfair and secretive banking practices. They are taxpayers who have contributed money to the bailouts and it is a moral obligation for bankers to rescue them back in return.”

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The goal of this town hall meeting is to let the people voice their stories and sign a petition demanding banks and mortgage businesses to be transparent and take instant action to avert the foreclosure of houses, that are affecting thousands of families in San Jose.

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Please join the forum with hundreds of other property owners to raise the concerns of the community and demand immediate services by banks and mortgage organizations to stop foreclosure.

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When &amp Where&#13

Saturday, March 20, ten:00 AM to 12:00 PM&#13

2nd Floor of the Martin Luther King, Jr Library&#13

150 East San Fernando Street, San Jose, CA 95112&#13

4th Street &amp San Fernando Street, downtown San Jose

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Speak to:

Thanks to an Effort by Persels & Associates, an Injured Police Officer and his Household had been Able to Ward off Foreclosure

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Baltimore, MD (PRWEB) March 23, 2010

Borrowers struggling to save their homes from foreclosure desperately want legal help, but that’s frequently when they’re least capable to afford it.

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The very good news for Carl and Roline Bouie was that they had a new and capable recruit in the legal battle they were fighting to maintain from losing their Grasonville house to foreclosure: Maryland Volunteer Lawyers Service (MVLS) volunteer Jim Persels, the principal of the consumer rights firm Persels &amp Associates, LLC. The not-so-excellent news was that Mr. Persels was enlisted to the trigger late on a Friday afternoon in mid-March, and the foreclosure was scheduled for 10 oclock Monday morning.

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The Bouies issues started when Carl, a police officer in Annapolis, was in

Stopa Law Firm Holding Totally free Foreclosure Seminar — Providing Free of charge Foreclosure Defense

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Tampa, FL (PRWEB) June 14, 2011

Mark Stopa, a prominent foreclosure defense lawyer who represents a number of hundred Florida home owners, is putting on a free of charge foreclosure seminar for Floridians, five of whom will get cost-free legal representation.

Mesa Law Group Corp Aids Over 1000 Consumers Create a Much better Economic Future

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Costa Mesa, CA (PRWEB) March 24, 2010

Mesa Law Group Corp, legal representation meets monetary expertise. Mesa Law Group firm was built around the concept of assisting consumers navigate by means of challenging monetary choices in challenging economic instances. Mesa Law Group will help those in want with effective representation.

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Starting with a cost-free consultation, Mesa Law Group will devise a method to obtain customer objectives and help you reach a pleasant scenario. Supplying a state and federal compliance assistance plan, foreclosure defense, bankruptcy reorganization, litigation and trial practice, debt resolution and loan modifications, effectively assist shoppers in want stay away from debt and foreclosures so that they can stop worrying about their economic scenario and start enjoying their life.

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With a staff of more than 50 consultants and specialists and far more than 40 years of combined legal and actual estate experienceMesa Law Group focuses on real estate law and debt reorganization. Mesa Law Group understands that due to the economy there is a need to have and at Mesa Law Group we know how to fulfill it. We have helped more than a thousand consumers acquire a greater economic future. Mesa Law Group’s team of attorneys will will support obtain fantastic final results for you and your family members.

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The driving force behind Mesa Law Group is the satisfaction of assisting individuals. Thats why Founder, Lawyer Paul Peterson, expanded our expertise to provide comprehensive services that concentrate on todays current industry scenario and assist individuals resolve their monetary hardships. Mesa Law Group appear forward to helping our consumer uncover peace a thoughts.

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Mesa Law Group is licensed in state and federal court. Members of the California, America, Orange County and the Los Angeles Bar Associations. Mesa Law Group’s licensed to practice law in Colorado and California and of counsel in Pennsylvania, Illinois and Nevada.

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Please pay a visit to our site at http://www.mesalawgroup.com for far more data.

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ConsumerFinanceReport.com Announces Website Enhancement with Addition of a Suite of Mortgage Payment Calculators and Economic Tools

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Oak Park, IL (PRWEB) March 29, 2010

ConsumerFinanceReport.com, a consumer advocacy site that promotes advancement of customer knowledge and awareness on individual finance troubles and topics, announced today the addition of a new suite of mortgage calculators created to support customers evaluate mortgage refinance and home obtain scenarios. The new calculators, according to a company spokesperson, are constant with consumerfinancereport.coms objective of offering the tools and details required for customers to make knowledgeable and fact-based monetary choices.

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Links to the new set of tools can be found on the house page or by going directly to the web sites Mortgage Refinancing section.

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The mortgage payment calculator tools are developed to display month-to-month payment amounts for common certain mortgage items such as traditional mortgages, house equity lines of credit, or interest-only mortgages. The interactive calculator tools permit shoppers to simply visualize how their private financial scenario results in a range of mortgage related scenarios. Customers can get help to answer queries such as ought to I refinance a mortgage, what size home can I afford, and what is the biggest mortgage I could afford?

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The refinance section in ConsumerFinanceReport.com contains valuable articles that offer suggestions, suggestions, and guidance to shoppers on a host of mortgage refinancing subjects. The organization maintains an in-residence staff of experienced and professional individual finance professionals which specialize in providing exclusive, tough hitting, and unbiased details on a wide range on individual finance subjects. In addition to the mortgage refinancing content, the internet site has concentrated material on topic areas that include home equity loans, private loans, mortgage loan modification, credit repair, debt relief , and insurance coverage. An extra section is devoted to problems surrounding bankruptcy and foreclosure, containing data to educate shoppers on bankruptcy facts and present viable options to bankruptcy. Consumerfinancereport.com also maintains updated scam alerts and warnings that highlight merchandise or solutions in which individuals need to have to be conscious.

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About ConsumerFinanceReport.com &#13

ConsumerFinanceReport.com is owned by Evergreen Media, a leader in the internet primarily based advertising and marketing industry, serving the U.S and Canada. The privately held firm serves and partners with consumers who are amongst the biggest companies in the region of consumer debt reduction and relief. Evergreen Media maintains a highly skilled and seasoned staff of customer finance professionals, and has operations in Seattle and Chicago.

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Press Get in touch with&#13

info(at)consumerfinancereport(dot)com&#13

jnewton(at)evergreenmedia(dot)com

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The National Mortgage Complaint Center Offers Dramatic Help For Property owners Cheated By Their Lender/Loan Servicer

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Washington, DC (Vocus) April 5, 2010

The National Mortgage Complaint Center is now supplying a extensive service for honest US property owners stuck in a mortgage mess with their bank, mortgage lender, or house loan servicing division. The group has been auditing mortgage documents for nearly a decade, and is the, or amongst the most quoted sources in the US on the topic of predatory mortgage lending. The National Mortgage Complaint Center is now supplying services for property owners who had been cheated in the procedure of obtaining a residence loan, who are now unable to refinance their property-facing foreclosure, and or are living by way of a nightmare with their loan servicing company due to the fact of misapplied mortgage payments. The National Mortgage Complaint Center is initiating this robust work in the hope of performing a crucial help service for US home owners in the mortgage mess of their lives. The group says, “the most crucial explanation for us creating this mortgage foreclosure, or loan servicing rescue service is basic-most existing US businesses offering these kinds of mortgage support, audit, or mortgage rescue services are scam artists, who want a thousand dollars, or thousands of dollars up front.” The National Mortgage Complaint Center is saying, “we will do our ideal to assist homeowners who are existing, or close to existing on their current mortgage, most have been cheated. We will also attempt to assist property owners living via loan servicing hell, with a mortgage company/bank that has misapplied mortgage payments-making a feasible foreclosure predicament.” For a lot more details please make contact with the National Mortgage Complaint Center at 866-714-6466, or get in touch with the group through its internet site at http://NationalMortgageComplaintCenter.Com&#13

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The National Mortgage Complaint Center says, “many to most of these so referred to as mortgage rescue, mortgage support groups, or mortgage relief organizations are mortgage lead generation firms, they want thousands up front, and they popped up as quickly as the US mortgage crisis started, as yet another way to rip home owners off.” The group is saying, “we have been around for a lengthy time, and we can actually help innocent victims of becoming cheated by their mortgage lender, or bank loan servicing division-offered they are not months, or years behind on their mortgage, and the customer has been generating their mortgage payment.” For honest US homeowners in a mortgage mess, the National Mortgage Complaint Center can assist. For more information please call the National Mortgage Complaint Center at 866-714-6466, or contact the group via its net website at http://NationalMortgageComplaintCenter.Com

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The National Mortgage Complaint Center has been featured on CNN, NPR, or in Newsweek Magazine, The New York Instances, The Wall Street Journal, Good Housekeeping Magazine, Money Magazine, CBS Marketplace Watch, CNN Funds, the International Business Occasions, in the Los Angeles Occasions as “The Great Watchdog, and many other US, or international news sources.

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The National Mortgage Complaint Center charges $ 475 for this service. Shoppers in a mortgage mess can contact the group for a cost-free consultation. The group says,”we will be up front with shoppers-if we can not assist them-we will tell them-no charge. The groups service is developed to establish possible incorrect carrying out on the element of a mortgage lender, a bank, or mortgage loan servicing firm. If we discover wrong undertaking-we will speak to the lender, or loan servicing firm in the hopes of correcting the dilemma.” The National Mortgage Complaint Center is not a law firm, and its mortgage audit &amp inspection service is not an attempt to practice law. For more data please get in touch with the National Mortgage Complaint Center at 866-714-6466, or contact the group by way of its internet internet site at http://NationalMortgageComplaintCenter.Com

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Much more Loan Modification Services Press Releases

New Choices For Homeowners – The HAFA Program (Home Reasonably priced Foreclosure Options)

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San Diego, CA (PRWEB) April six, 2010

With foreclosures nevertheless increasing, interest prices probably to go up and the government’s HAMP loan modification plan stalled on the tracks, HAFA (the Property Affordable Foreclosure Options) initiative may offer lenders and homeowners with some light at the finish of the tunnel.

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An expansion of the Home Cost-effective Modification Plan (HAMP), HAFA offers a streamlined approach for quick sales and deeds-in-lieu that will allow property owners to discharge their 1st mortgage debt without the credit-destroying step of foreclosure. And, in a small stroke of governmental genius, it supplies a $ 1,000 incentive to banks to permit quick sales and a $ 1,500 bonus to home owners for the purpose of relocation.

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According to Brian Yui, CEO of San Diego actual estate brokerage HouseRebate.com, “This system could save countless homeowners from foreclosure. HouseRebate has a fleet of agents who specialize in quick sales. They are professional negotiators and are intimately familiar with the HAFA plan. It is critical for property owners who want to participate in this program to work with experienced agents to comprehend the best outcome.”

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The HAFA system, like its massive brother HAMP, has eligibility recommendations. The house should be the owner’s principal residence, the initial mortgage must predate 2009, the unpaid principal must be significantly less than $ 729,750 for a single-loved ones dwelling, the borrower’s monthly payment have to exceed 31% of their gross earnings, and the mortgage must either be delinquent or a default be reasonably foreseeable.

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As soon as these criteria are met, borrowers will receive pre-authorized quick sale terms from their lender, like the minimum acceptable proceeds of the sale, ahead of listing their property with a Realtor and have 120 days-with extensions permitted up to a total of 12 months-to sell their property. Primarily based on the brief sale agreement with the lender, HAFA needs house owners to be fully released from any future liability on their initial mortgage debt, and in some circumstances, subordinate debts, so that when the house is sold, the borrower is free of charge and clear of their mortgage.

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So is there a market for short sales? “We have cash purchasers lined up to take benefit of short sales,” says Yui of HouseRebate.com. These are men and women who are in a position to purchase distressed properties quickly, relieving home owners of their debt burden. It’s a win-win situation, one thing we have not observed for a although in this difficult market place.”

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The program ends on December 31, 2012. HAFA does not apply to FHA or VA loans. As with any government system, there is a good deal of paperwork, albeit standardized, so property owners wishing to take advantage of the relief presented must function with a Realtor knowledgeable in quick sales.

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HouseRebate.com, a member of the National Association of Realtors, is a full-service value true estate company that maintains a seasoned staff of agents. They provide all the services that traditional true estate offices offer you at discount costs, with decreased commissions on sale, and rebates of 33 percent on commissions of purchases. HouseRebate has agents who specialize in short sales and are familiar with HAMP and HAFA recommendations.

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Human Resource Executive Magazine Names 4 Kramer Levin Partners to 2013 List of Most Powerful Employment Attorneys

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New York, NY (PRWEB) June 23, 2013

Kramer Levin Naftalis &amp Frankel LLP announced these days that Kevin B. Leblang, Theodore (Ted) Ruthizer, Mark D. Koestler and Matthew S. Dunn, all partners in the firms Organization Immigration Group and Employment Law Department, have as soon as once again been ranked in Human Resource Executive magazines annual list of the Most Strong Employment Attorneys for 2013. The listings appeared in the magazines June 12 situation and mark the fifth consecutive year that Kevin Leblang and Ted Ruthizer were ranked and the third consecutive year Mark Koestler and Matthew Dunn were ranked.

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Kevin Leblang is named in the lists 100 most powerful employment lawyers. He serves as chair of the firms Employment Law Division and supplies counsel to employers on matters ranging from the adoption and application of employee relations policies to the evaluation and minimization of litigation dangers of employment decisions. He also represents management clients in litigations before federal and state courts, administrative agencies and arbitrators.

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Ted Ruthizer, ranked in the lists best 20 immigration lawyers, is co-chair of the firms Company Immigration Group. He is a past president and general counsel of the American Immigration Lawyers Association (AILA). He is a Lecturer in Law at Columbia Law College, where he teaches an sophisticated seminar in immigration law and policy.

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Mark Koestler, ranked in the lists leading 20 immigration lawyers, is co-chair of the firms Enterprise Immigration Group. He mainly represents clientele in the fields of advertising, entertainment, banking, hedge funds, and communications. He has served in different leadership roles such as as a previous chair of AILA NY and as a member of AILA nationals governing board of directors.

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Matthew Dunn, listed as 1 of the best immigration lawyers, is a companion in the firms Company Immigration Group, where he represents a diverse group of clients, specially in the locations of banking, healthcare, hospitality, and marketing. He is co-chair of the New York State Bar Associations Immigration and Nationality Law Committee. He is a past chair of AILA NY and was also a member of the AILA nationals governing board of directors.

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About Kramer Levins Enterprise Immigration Group:&#13

Kramer Levins Company Immigration Group advises clientele in all phases of the hiring and transfer of foreign nationalsexecutives, managers, professionals, investors, and performing artiststo the U.S, as effectively as men and women, who, due to the fact of their extraordinary capacity in their fields or because of their substantial investments in the United States, do not require corporate sponsorship to immigrate. Kramer Levin counsels clientele on the best quick- and long-term visa approaches for their specific wants and advises on a wide variety of organization immigration matters, including H-1B specialty occupation matters, treaty investor visas, intracompany transferee status, and other kinds of nonimmigrant and permanent residence techniques.

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About Kramer Levins Employment Law Department:&#13

Kramer Levins Employment Law Division requires a pragmatic strategy to complex troubles facing todays employers. The firm gives counsel that is rooted in a thorough understanding, not just of employment law, but also of the business problems clientele face by seeing beyond the possible outcomes to the possible implications of those outcomes. Members of the Employment Law Division regularly advise clients on a range of employment matters including discrimination and harassment litigation, compensation disputes and claims below the Fair Labor Standards Act, contract negotiations and litigations, whistle-blowing and retaliation claims, restrictive covenants and protection of confidential info.

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Kramer Levin Naftalis &amp Frankel LLP is a premier, full-service law firm with offices in New York, Silicon Valley and Paris. Firm lawyers are leading practitioners in their respective fields. The firm represents Worldwide 1000 and emerging growth firms, institutions and folks, across a broad variety of industries. For much more data, please pay a visit to http://www.kramerlevin.com.

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Mesa Law Group New Lien Elimination Item Receives Sturdy Response

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Costa Mesa (PRWEB) April 9, 2010

Mesa Law Group, an innovative California-primarily based law firm with specialty financial solutions has created a new Lien Elimination program to assist residence owners facing foreclosure or financial hardship due to hard financial instances. With robust initial response from clients, Mesa is able to challenge and get rid of liens or other encumbrances against an individual which in a lot of instances consists of the removal of a second mortgage lien.

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For homeowners, the outcome is the elimination of a second mortgage with out penalty from the lender or IRS for taxes. In the approach the individual keeps their home and allows for repayment by means of decreased payments, lowering the time needed to rebuild credit, and saving as much as 3 occasions the cost in interest savings. Although bankruptcy is usually regarded as taboo right now, a Chapter 13 or Property owners Bankruptcy is often the greatest answer for these in hardship due to the economy. As an instance, a homeowner with a $ 500,000 mortgage where the property is now only worth $ 200,000 and a $ 100,000 second mortgage, Mesa is in a position to negotiate the removal of the second mortgage so that the initial mortgage can be successfully modified to stay away from foreclosure.

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In the words of Mesa client Donovan T., When I came to Mesa Law I initially intended on hiring the firm to assist us with the restructuring of our first mortgage but soon after spending time with our counselor and the attorney staff we agreed that a bankruptcy would aid our family more than a modification of our loan. We had a pretty great price on our loan and the counselor we spoke to informed us that it wasn’t our mortgage that was a difficulty it was our debt. At the finish of 3 years my credit card debt and second mortgage will be gone for great finally. Thank you to the Mesa Law Group.

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Even with the assist provided by the Government and a loans getting modified for years, property owners are nevertheless in economic difficulty. Mesa Law utilizes bankruptcy as a tool backed by expert insight to help home owners in need. By focusing on the specific challenges of those facing foreclosure and bankruptcy Mesa Law Group is possessing accomplishment exactly where other mortgage and legal experts run out of alternatives, stated founder and President Paul Peterson.

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About Mesa Law Group&#13

Mesa Law Group is a legal corporation supplying specialty financial services. Mesa helps borrowers navigate bankruptcy, home owners avoid foreclosure, mortgage brokers to give consumers much more possibilities, and protect these in need of legal representation. An innovator in the industry, the organization has created the Forensics Loan Audit and other exclusive programs that empower borrowers and those with economic hardship. Offering detailed financial evaluation backed by legal counsel, Mesa Law group applies traditional and more modern alternatives such as Bankruptcy Protection, Debt Restructuring, and Lien Elimination to find the ideal resolution for every single client.

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For more data check out our site: http://www.mesalawgroup.com

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A lot more Loan Modification Services Press Releases