Tag Archives: Enormous

To Meet the Enormous Demand for Loan Modification Services, the Parsa Law Group Ramps Up

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Costa Mesa, CA (PRWEB) February 3, 2009

As the foreclosure crisis reaches epic proportions, the nation’s top provider of legal loan modifications and loan exercise services, the Parsa Law Group and its advertising and marketing arm, the National Loan Modification Center, have tripled the size of their operation in the month of January with an added 4 attorneys, 40 help staff and over ten,000 square feet of office space.

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The Parsa Law Group offers specialist legal representation for these wishing to renegotiate an current mortgage with their lender. The ultimate objective of the service is to avoid foreclosure and maintain people in their property. The on-web site team of attorneys and employees has helped thousands of home owners who are facing financial hardship, have a mortgage that is upside down, or are stuck with an ARM/Interest-only mortgage they can no longer afford by stopping foreclosure, lowering their month-to-month mortgage payments, adjusting the principal on their mortgage, functioning out a modified loan with a reduce fixed interest rate, and receiving any missed mortgage payments tacked on to the finish of their loan.

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“For me this is a mission to help as numerous home owners as possible stay in their properties. It is such a shame when we see so several folks that were taken benefit of with loans that were not explained to them totally or when you have an individual that is about to shed their house and complete life’s savings since a person lied to them outright, or due to the fact they lost their job, or are simply going by way of rough monetary occasions like so many other Americans. With the banks out to save themselves with billions in bonuses, and refusing to totally free up credit markets with the bailout income, a line has clearly been drawn, and we have chosen to be on the side of struggling home owners,” stated James Parsa, Lead Attorney at the Parsa Law Group / National Loan Modification Center.

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“It really is been really a challenge to maintain up with the explosive growth of this area of our company,” says Mike Ponzillo, Director of Operations at the Parsa Law Group / National Loan Modification Center. “We are literally hiring people every week since the calls hold coming in and each single case we negotiate with a lender calls for a massive commitment of employees hours and resources on our finish.”

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Kelly Sneed, Marketing and advertising Manager at the National Loan Modification Center, stated, “Because we began this service it has been an ongoing work from a advertising and marketing standpoint to get the word out about Loan Modifications as an option to foreclosure. A handful of months ago men and women didn’t know what a Loan Modification or a Loan Workout was, or how it could support them save their residence.”

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The Parsa Law Group with each other with its advertising and marketing arm, the National Loan Modification Center, is the Nation’s Major Legal Loan Modification Provider, with thousands of homes saved. With an on-website team of attorneys and pros that fight to save houses from foreclosure, decrease mortgage payments, and hold lenders accountable for unfair or fraudulent loans, the Parsa Law Group is the staunch legal ally that struggling homeowners require in these difficult occasions.

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Get in touch with:&#13

Kelly Sneed&#13

800-305-0555

Law Offices of Kramer & Kaslow: Implementation of Alleged Enormous Fraud at One West/IndyMac (A single West) Leads to Lawsuit

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Calabasas, California (Vocus/PRWEB) April 17, 2011

Philip Kramer has filed a mass joinder lawsuit against A single West/IndyMac (1 West) (Marquette v. One particular West, Superior Court of California, Superior Court of Los Angeles, case quantity: BC 452 266) in what is potentially the most substantial and precedent-setting legal action taken against lenders as a result of the national foreclosure crisis, it was announced today by Philip Kramer, Esq. of Kramer &amp Kaslow.

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The firm has filed suit on behalf of a mass joinder of plaintiffs searching for damages and injunctive relief as a result of what it says is the bank’s fraud and a number of violations of Nearby, State, and Federal customer protection laws. Relief is becoming sought for fraud, to cease the illegal sale of plaintiffs homes, to force the bank to cease and desist from their outrageous conduct, as nicely as to seek compensatory damages on behalf of the plaintiffs.

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Mr. Kramer says that the lawsuit alleges 1 West perpetrated a enormous fraud, also constituting unfair competition upon borrowers that devastated the values of their residences, resulting in the loss of net worth even as 1 WEST enriched itself by knowingly selling financial instruments based on a worth the bank knew to be unwarranted. The lawsuit also alleges that A single WEST further intended to deprive several rights and remedies for the difficulties they triggered the borrowers and believes that the harm accomplished to the plaintiffs is exceeded only by the scale of the banks conduct as asserted in the plaintiffs suit.

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According to court documents, the lawsuit claims the bank disregarded underwriting requirements and implemented a enormous fraud that was concealed from borrowers and other mortgagees on an unprecedented scale. The lawsuit alleges that, as a result of the banks actions, borrowers lost equity in their houses, their credit ratings and histories were destroyed and they incurred unnecessary costs and expenditures.

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Mr. Kramer also says that the lawsuit challenges the fraudulent and illegal use of MERS in connection with the loans and mortgages, as nicely as the defendants failure to carry out their obligations pursuant to accepting TARP funds.

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I am convinced that for the initial time that aggrieved home owners are going to get a fighting likelihood, says attorney Philip Kramer. Till now, the banks have had their way, employing and abusing the program at the expense of distressed property owners across the nation. Now, following years of abusing homeowners and the greater public, the bank bullies are obtaining a excellent stiff legal punch in the nose.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior partner of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on enterprise litigation, and real home matters. He has prosecuted and defended instances for more than twenty five years.

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Mr. Kramer is a licensed actual estate broker and has spent considerable time offering legal solutions in connection with true estate issues relating to loan modification and loss mitigation, land use and zoning, environmental troubles, easements, building and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice prior to all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 instances. He has appeared on nationally televised programs relating to pre-trial process and trial strategy and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer regularly lectures on a broad spectrum of a variety of legal and enterprise troubles.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization dedicated to bringing back professionalism and civility into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in many organizations.

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