Cost Mitigation & Recovery System
Sunday, September 5th, 2010

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Foreclosure


    Mortgage Electronic Registration Systems, Inc. (MERS)
    Many "MERS foreclosures" across the country are being challenged.

    Stopping a Scheduled Auction Sale
    Fortunately, the inside wheeling and dealing in the mortgage industry (i.e. the sale, transfer, credit-swapping, creation of credit-derivatives, and other schemes to use mortgage lending to make wind-fall profits) has caused some avenues of defense for the homeowner against being foreclosed on.

    Mortgage Loan Modification
    Many homeowners are being "duped" by so-called mortgage loan modification offers that, in reality, are only intended to be temporary "payment arrangements" to extract payments under false pretenses.



 
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