Recently foreclosure freezes along with various Federal and State Foreclosure Court Cases involving major lenders have revealed the existence of violations and “missteps” throughout the origination, packaging, servicing, securitization, and foreclosure process of millions of loans nationwide.

Approximately 97% of all loans originated between 2002 and 2008 were entered and subsequently securitized through an industry software portal known as the Mortgage Electronic Registration System (MERS). 
Loans transferred through MERS have resulted in the discovery that clear line of title on over 60 million homes nationwide has been illegally broken. Without clear line of title, the servicers and banks who purchased your loan lack the proper legal standing to collect and foreclose on the mortgages that they service.

The primary issue among others is that MERS has been used as the primary agent for maintaining the paperwork for the banks and servicers, however, MERS failed to maintain the original, and legally necessary, paperwork.  The end result…Your title may no longer exist!

What does this mean for you? If they cannot produce what they do not have, they are in violation of the law, which puts you in a very good position.

Our solution: Principal Reduction

At Foreclosure Avoidance Group, we believe the best solution to the current housing crisis is Principal Reduction.  When a homeowner has their principal reduced and some negative equity eliminated, a sustainable and permanent solution is created for both the homeowner and the lender.  (Unlike a Loan Modification that only temporarily helps both parties)

When foreclosure looms, and a sale date rears its ugly head, it's easy to feel overwhelmed.  Sometimes we feel like fighting even harder, and sometimes we just want to walk away.  When walking away just is not an option - call us.  We can provide a customized, pressure free course of action to restoring your financial sanity - starting with your home.  If it is your principal residence, a second home - or an investment property, we may be able to qualify you for our Principal Reduction Program and help restore some peace of mind.

Contact us at (877) 492-4737 and find out if your loan is one of the 97% that were "mishandled" and eliminate your negative equity today!

BACKGROUND:

Have you been watching the news lately? Are you one of the 97% of borrowers in the MERS system that may have securities fraud or any number of "mishaps" hidden in your loan THAT THE BANK DOES NOT WANT YOU TO UNCOVER?

Have you been told your only option is a Short Sale in order to avoid foreclosure, but you really want to keep your home?  If so, READ ON!

• Why do you think politicians are speaking up about the extreme number of illegal foreclosures going on nationwide? Why is it heating up???
• Why do you think Bank of America announced on October 8th, 2010 that they would be suspending foreclosure proceedings in all 50 states while they scrutinize their procedures?
• Why do you think the Governor of Maryland signed a a joint letter with other Congressmen and the Attorney General calling on mortgage servicers to halt current and future foreclosure proceedings until homeowners can be assured they’re being treated fairly?

"There has been fraud in the solicitation, origination, processing, closing, servicing, and securitization of loans, fraud in the packaging, selling, and credit-rating of mortgage backed securities; fraud in the courtroom; fraud in the boardroom, fraud on the floor of the Stock Exchange and in the media who have suppressed this story.  There is plenty of fraud to go around."

- A Retired Appellate Judge
**Source:  "Mortgage Wars" by Iris Martin

In a recent legal proceeding against Bank of America, an official acknowledged that she signed up to 8,000 foreclosure documents a month and typically didn't read them (FRAUD).

The banks intent on bowing to the moratorium pressure is not with you in mind... It is to save themselves in this increasingly public disaster!  It is to avoid more lawsuits where they lose millions of dollars and get bad press.  It will not last forever.  They are giving you time to prove you have been abused.  They are giving you time to claim what is yours... You must be proactive. They are not going to call you and say: Oh, Mr. Jones, we're really sorry but fraud was committed somewhere in the transfer of your loan (for example) so we are going to give you your house free and clear....  No. They are just allegedly "auditing" their files to make sure they can foreclose on you "legally".  Take advantage of this moment....

In recent days, several other servicers, including JP Morgan Chase, GMAC, Ally Finance, have acknowledged that they have failed to follow proper procedures and the required paperwork in order to legally foreclose!

Did you know that 97% of all loans originated between 2002 - 2008 were entered into the MERS System (Mortgage Electronic Registry System)?  Many of the loans in this system were Transferred, Sold, or Registered illegally and improperly.

The Banks have opened the door FOR A SHORT PERIOD OF TIME and given you a chance to take action.  Are you going to take advantage of the current pressure they are receiving?

Don't wait until it's too late!  This window of opportunity will close.

If your loan falls into the 97% of those with VIOLATIONS, you may qualify for a Principal Reduction of your loan balance! Our unique program leverages the many violations contained in your loan file against the bank. Once the Bank has been notified of the specific violations, we are able to generate Principal Reduction Offers to, in many cases...current market value of your home! 

Our Experts analyze and leverage the Laws looking for the following abuse against you:

• Securities Fraud
• Notary Abuse
• Deficient Documentation
• Lack of Proper Notification
• Missing Files / Notes / Signatures
• Documents Signed By Employees Without Verification (robo signings)
• Forged signatures
• …And On and On and On!