2425 Porter Street, Suite 10
Soquel, CA 95073
Phone: (831) 464-6884
Fax: (831) 464-6886
Law Office of Simmons & Purdy
2425 Porter Street
Suite 10
Soquel, CA 95073
ph: 831-464-6884
fax: 831-464-6886
info
Meanwhile, you and other borrowers are the enemy in something once referred to decades ago as “Combat Loan Servicing”.
Borrowers just trying to keep their homes are subject to a campaign of systematic and deliberate deception. This fundamental deception is now often combined with the fraudulent surcharging of fees costs and other “expenses” designed to make vast additional amounts of money for lender/servicers.
When used aggressively, their techniques run homeowners slowly into foreclosure, resulting in the permanent loss of home(s).
If the hapless borrower manages to retain the home, lender/servicers make hundreds of millions of dollars of additional annual revenue at little or no cost. (They make this money by doing as little as possible and getting you to do or not do things for which they can aggressively bill you.)
In many cases, both the Racketeering Influenced Corrupt Organization Act (“RICO”) plus the federal mail and wire fraud criminal laws are violated. Federal and state regulators have known about these practices for years. However, Lender/servicers have had a de-facto exemption from enforcement.
Sound overdramatic? Read on and decide. Full article at:
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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Law Office of Simmons & Purdy
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Law Office of Simmons & Purdy
2425 Porter Street
Suite 10
Soquel, CA 95073
ph: 831-464-6884
fax: 831-464-6886
info