Exposing Fraud and Damages in Home Mortgage Loans

The number of home foreclosures has skyrocketed in recent years in the United States. An alarming number of these involve homeowners who felt certain that they could cover their mortgage payments when they signed the papers. However, many had unwittingly played into the high-interest and fee-laden traps of predatory lenders. To stop home foreclosure, it's crucial to know the consumer protection laws. Serenity Financial Solutions can help you understand your loan process and its effects on foreclosure.

The non-profit organization known as the Center for Responsible Lending estimates that each year, predatory lending is responsible for bilking American homeowners of more than 9.1 billion dollars a year. Unfortunately, mortgage fraud perpetrators harm low-income and minority homeowners in disproportionate numbers and no one, however, is exempt from their inflated claims and dangerous practices.

If you and your family are facing foreclosure, all is not yet lost. It's important to use any fraud law at your disposal, such as the Truth in Lending Act. Serenity Mortgage Solutions is here to help you do that. We specialize in document auditing and consulting regarding predatory lending practices and bank fraud. We can thoroughly examine, assess and evaluate your mortgage documents and assist you in finding legal counsel to fight your case.

Steering and targeting consumers, charging excessive fees, loan flipping, excess fees are just a few of the known tactics of predatory lenders that are absolutely illegal. Contact Serenity Mortgage Solutions today at: 561-337-5779 and let us help you stop home foreclosure as we understand what's on the line. Fight back and seek justice for the abuse and misleading tactics that entered you into the loan.