Predatory lending and mortgage fraud can cause a homeowner to lose equity in his or her home and, in some situations, enter foreclosure. Predatory lending can occur in a wide variety of situations, including:
- Truth in Lending Act (TILA) violations: A lender must provide written notice to you concerning certain aspects of your loan, including your interest rate, fees, your payment schedule and any late payment fees.
- Real Estate Settlement Procedures Act (RESPA) violations: RESPA requires lenders to provide specific documents to you when you apply for a mortgage, such as a Special Information Booklet (only when you purchase a home), Good Faith Estimate and Mortgage Servicing Statement. These documents give you an idea of what the mortgage will cost you and what lender will service your loan.
- Mortgage fraud: In addition to TILA and RESPA, fraudulent or deceptive lending practices can violate the law.
To speak with a Washington truth in lending violations attorney about your case, contact Triad Law Group. A skilled Edmonds predatory lending lawyer at our firm can help you understand your legal options and explore every avenue to achieve justice and reasonable loan terms.
Have You Been Victimized by Your Lender?
At Triad Law Group, we represent homebuyers and borrowers who have been victimized by predatory lending practices and mortgage fraud. If your mortgage terms are unreasonable or your lender failed to disclose important terms of your loan to you when you signed, Edmonds predatory lending lawyer Chuck Greenberg can help you.
Since founding our firm in 1994, attorney Greenberg has developed a reputation in the Seattle metropolitan area for premiere real estate legal services. Since the beginning of the mortgage crisis, he has focused his experience and knowledge of complex real estate transactions on helping borrowers fight predatory lending schemes.
We will negotiate for extended loan terms and loan modifications to help you catch up on your payments. As a skilled Edmonds predatory lending lawyer, Chuck Greenberg can also represent you in mediation and — when necessary — litigation. If the terms of your loan have forced you into foreclosure, we also provide dedicated foreclosure defense services.
Contact a Washington Truth in Lending Violations Lawyer
To discuss your loan with an Edmonds predatory lending lawyer, contact our real estate firm online or call us at 425-329-4337.
