Homeowners can use mortgage servicing fraud and abuse practices as a defense to stop a foreclosure lawsuitnce mortgage loans are originated, they are frequently packaged and sold off to investorshile no one may possibly quite know who owns the loan, the rights to collect the payments are transferred to mortgage servicing organizationshese companies are one of the greatest perpetrators of abuse and fraud against homeowners, as they have very little incentive to do right by the borrowershese organizations are frequently paid a flat fee by the trustees of the mortgage to administer the loan, collect payments, make certain residence taxes and insurance are in place and paid through escrow, and pursue any foreclosure proceedings, if necessaryf homeowners do miss payments, the servicer gets paid anyway, and in reality makes more money from a foreclosure than if they offered to work closer with the owners of the property to negotiate for a mortgage modification or other workout optionhat's right -- ... [Read More - Fat Burning Exercises For Women]
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