Fraudulent Banking Practices, Poor Loan Servicing Behind NJ High Foreclosure Rate
If the bank could get everything they wanted you’d be out of your house by now. They have to lie to you encourage you not to contest the foreclosure. They say that the foreclosure is not yet scheduled to make you think it is right around the corner, when it is down the road. Don’t listen to the banks who are misrepresenting facts to their own benefit.
Clients believe they have resolved their foreclosure issues by agreeing to a loan modification, only to discover that after a few months their servicer has breached the agreement. Some servicers stop accepting loan modification payments; others manipulate the rate payments so that the homeowners are paying more than agreed upon.
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