Monday, February 23, 2009

The Loan Ranger


Lawyer Outwits Banks in Foreclosure Battles

If you are a distressed homeowner, just email me at recruiterrick@aol.com, or call April Charney.

I can help direct you to a loan modification. April can help if you are being foreclosed on.

"The loan servicers bringing most of the foreclosure actions in the country don't own the mortgages and have no standing to take away a person's home," said the lawyer, April Charney, who has stopped scores of foreclosure actions in Jacksonville, Fla., where she works as a Legal Aid lawyer."

"In essence, Charney has forced scores of plaintiffs in foreclosure actions in Jacksonville to admit they don't have legal ownership of the securitized mortgage they are trying to foreclose upon - stopping the home takeover battle in its tracks." "So far I've drafted about 1,500 lawyers into my army," Charney said in a telephone interview last week."

"Look, the same problem that banks are having with securitized mortgages is going to spread to defaults with car loans, credit card accounts and student loans - they are all securitized and the banks and loan servicers starting legal actions to collect on those defaulting loans will face the same issue proving ownership," said Charney."

Just more proof that structured financial debt derivatives were a complete scam. Luckily, the law, in this country, is on your side.

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