As you read in the ‘Top 8 Bank Violations,’ Lender’s jeopardize citizen’s livelihoods almost ruthlessly through predatory loan practices, as a result we have the global climate in the state that it is today.
Did you know:
“Six in 10 homeowners wish they understood the terms and details of their mortgage better.”
– Freddie Mac/Roper poll of 2,031 U.S. homeowners, conducted 2005.
These types of lending practices have led to the dramatic foreclosure rates America is facing today. According to the Mortgage Bankers Association, 1 out of every 200 homes will be foreclosed upon, and every three months, 250,000 new families enter into foreclosure!
Are you afraid that you might fall into that high percentage of homeowners? Homeowners who always paid their mortgage on time for years, and through no fault of their own have to lose the house they grew up or raised their families in?
Unfortunately, that is the sad reality for many Americans these days…
BUT WHAT CAN YOU DO?!