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During the foreclosure crisis of 2008, mortgage servicers used every kind of trick to avoid giving borrowers a modification. Faxes and applications would be lost, “packets” would have to be redone and resubmitted and promises were never put in writing. After enough delays, or failed modifications and resubmissions, a borrowers’ default would become so great that no mortgage assistance would apply.

As stated in Part I, if you have stopped paying your mortgage during the pandemic you will fall into one of two categories. The first group of you, which will be an extremely small group, will have received a written forbearance agreement from your mortgage servicer which will allow you to miss six months to a year of payments and have them tacked onto the end of your mortgage.

Start by imagining you are a general fighting a war and your troops are hungry and tired. You ask the general from the opposing side, whose troops are well fed and rested, for a time out. “Please,” you say. “It’s not fair.” What do you imagine the answer might be?

Since we started Advocate Legal Litigation Support, this is the question we get asked the most.  When clients come to us before foreclosure, our goal is to help them stop it, but when they come to us after, our goal is to keep them in their homes as long as possible.

To comply with the old statutory scheme Loan Servicers provide 800 numbers for borrowers to apply for a modification while at the same time they affect corporate policies that render these numbers worthless.

“The California Homeowner Bill of Rights” was signed into law on July 12, 2012 by California Governor Jerry Brown to address the widespread negligence and fraud by Loan Servicers required by law to modify homeowners’ loans.

Having interviewed over a thousand clients for complaints against their lenders, servicers, and the securitized trusts that bought their subprime loans, I have heard this line from clients over five hundred times...

The battle between David and Goliath started as a war between two armies, the Philistines and the Israelites in the valley of Elah in Palestine.

Yesterday I had a free consultation with three young musicians that had worked and saved to move into their dream house, only to lose it.

This story came from Ms. S., a visitor to one of our free Saturday consultations. Ms. S. makes her monthly mortgage payments to servicer BSI, which is short for Banca della Svizzera Italiana, the oldest bank in the Swiss canton of T.