Advocate IAMB

Juggling in Mortgages?

juggling-housesRemember the name game song or better yet, the game, “Where is the Pea?”

Well, when you are dealing with the lenders both song and game fits.  IAMB Inc., received consumer reports that will show information of the lenders cross solidifying their front to cover each other.  Meaning Lender B letter to a consumer on Lender A letterhead, stating that Lender B will cover the acts of Lender A.  Confusing, try being the consumer getting this confusing letter and asking, “Who do I pay?”  As foreclosure process begins.

All consumers, signed a “Servicing Agreement” that gave rights to all lenders to service (hand off) your loan as they see fit, when they see fit, to whom they see fit, with or without your permission, or proper notification.  How is that?
The Government is waiting are you responding and reporting these acts against consumers to the agencies that can help preserve your rights?
RED ALERT: In all the chaos and confusion, some States Consumer Affairs Divisions are quietly closing, better check your rights they are diminishing.


divider

Leave a Reply

Get Educated

Learn more about how to avoid the predatory lenders, stopping foreclosure, loan modification and education.


Companies

Social Networks