Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets

Posted about 14 years ago

How can Residential or Commercial Litigation help with a Loan Modification

It is no longer a question of if the banks are wrong. They clearly are. The question is, who is going to benefit from it? 
There will be some groundbreaking rulings and settlements in the very near future. It is time to take a seat at the table and work with the best attorneys in the country. The most important thing to realize is that the only ones benefiting from the settlements are the ones who enroll.
The Problem
If you are someone who pays attention to current events and the news, it is no secret that the banks are currently in a lot of trouble. They have made a lot of mistakes and they are starting to pay the price. In the cases where individuals have sued their lenders, they have won great rewards. The problem is, most people cannot afford the thousands of dollars it takes to litigate a case against an institution with endless resources.
What did the banks do?
  • We know the banks have lied, forged documents, discarded borrower documents and lost critical paperwork
  • We know the banks have lobbied in Washington for legislation to protect them for being sued for all these mistakes
  • We know the banks have spent millions in smear campaigns to make consumer advocate lawyers look ineffective and to make delinquent homeowners look like the problem
  • We know the banks have taken BILLIONS in TARP money (your money) and still refuse to restructure or modify loans
  • We know that MERS (Mortgage Electronic Registration System) is a fake entity invented by the banks to help the banks commit fraud against homeowners
  • The Problem with MERS - Mortgage Electronic Registration System
MERS is foreclosing on people across the country, but MERS never lent anyone any money. The banks made MERS up 15 years ago as a fake company where they can park rights and responsibilities. It allows them to transfer property, foreclose, and among other things fraud homeowners without the proper paperwork and processes. How does that work? We

Comments