H.E.L.P. Program

June 1, 2009 by Jeremy Kossen  
Filed under Featured

H.E.L.P. Program (Homeowner Education = Lender Performance)

The H.E.L.P program assist homeowners who may not have an enforceable Mortgage.

A significant percentage of Mortgages originated during the mortgage boom were either in violation of federal and/or state fair lending laws or were written in a way that  makes them not enforceable. A third party auditing company will audit your Mortgage to unconver these issues.  If violations are found the next step would be to go through the courts or begin discussions, negotiations and/or litigation with an attorney, your Mortgage Holder and/or Lender.

Benefits:

  • Shifts the power from the lender to the borrower
  • Provides the information that an attorney would require to take on such a case
  • Allows you to exercise your rights as a consumer and borrower against the lender
  • May benefit homeowners that owe more than property is worth

Note: The potential benefits of this program are significant, but the process can be lengthy, so it’s not necessarily suited for someone who wants a quick fix.

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