What is Lender Abuse?

More and more we are hearing about foreclosures. Why? The abuse continues! When the Fed first floated its new lending regulations last year, it did include a proposal to limit the practice of lender payoffs to brokers, but that didn’t make it into the final set of regulations.

Our proprietary Lender Fraud and Violation Detection Report identifies and clearly categorizes not only the common review of standard Federal Truth and Lending, RESPA and HOEPA violations, but also helps identify Predatory Loan Origination, Predatory Loan Servicing, Loan Abuse, Consumer Civil Rights Violations as well as Contractual misrepresentation and Fraud in an easy to ready (read) comprehensive summary report. Our nonprofit law clinic’s trained and highly experienced staff and in-house Attorney can draft tailored complaints that are case specific NOT a cookie cutter complaint that may get ignored by opposing council.

If you think you have been a victim of Lender Abuse, or any loan malpractices, please contact us to talk with a nonprofit attorney, free of charge.

Bank Fraud

Bank fraud is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution. In many instances, bank fraud is a criminal offense. While the specific elements of a particular banking fraud law vary between jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. For this reason, bank fraud is sometimes considered a white-collar crime. This is the brother of Lender Abuse.

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