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.

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.

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.

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.

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.

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.

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.

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.

“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.

About United Law Group
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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