Successfully Fight Foreclosures: Proven Strategies & Expert Guidance
Homeowners are successfully fighting foreclosure actions in record numbers, often by challenging unscrupulous mortgage servicers. This success is achieved by uncovering and exposing issues such as predatory lending practices, mortgage loan fraud, or unfair and deceptive lending practices by these servicers. The Foreclosure Defense Network and its associated law firms have a history of identifying these issues to aid homeowners in halting foreclosures or negotiating favorable deals.
Mortgage fraud on government-backed loans is handled by reporting it to specific government agencies, which can significantly pressure lenders and servicers. For FHA or reverse mortgage servicers, a complaint to The US Department of Housing and Urban Development (HUD) Office of the Inspector General (HUD-OIG) is particularly effective, as HUD-OIG investigates fraud, waste, or abuse in HUD programs. Similarly, for Fannie Mae and Freddie Mac loans, the FHFA-OIG is a powerful entity, and contacting Fannie or Freddie directly can often help cut through servicer issues, as they are accountable to Congress and may proactively involve FHFA-OIG if shenanigans are suspected. Successfully fighting foreclosures involves knowing these weapons at your disposal.
