FIGHTING THE BIG BANKS WITHOUT BREAKING YOUR BANK REACH OUT NOW

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Susan Murphy

Four Ways to Forbearance Fraud

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.
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Susan Murphy

Foreclosure In The Pandemic (Part II); After the Moratorium

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.
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Susan Murphy

Foreclosure In The Pandemic (Part I); Before the Moratorium

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?
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Susan Murphy

The Banks Don’t Want to Modify Your Loan

“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.
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Susan Murphy

David & Goliath

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.
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Susan Murphy

After the Fall

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.
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Susan Murphy

BSI's Penalty Play

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.
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