Fraud and violations - Loan Modification Forum

lha3140189 · 08-18-2008, 11:03 PM

My loan docs are so full of fraud and deception. Our loan officer told us we needed to back date the loan papers and rescission or we would lose our lock and the program. Later I discovered a $10,000 YSP. Digging further I found that the Good Faith Estimate was doctored. Page one shows a total of about $16,000 in costs and commissions while page two shows a total of costs at slightly over $11,000. (We signed page two, never saw page one, I figure it ended up in the trash.) The GFE does'nt state whether its a Variable or Fixed. (Its a variable and you guessed it, we thought it was fixed.) So, I've sent in a letter of rescission and a Qualified letter. The response? They told me they looked into it and everything looks legal and the file is closed! So I'm looking for a So. Cal lawyer. Any ideas or comments?

Moe Bedard · 08-18-2008, 11:25 PM

Hi lha3140189,

Welcome to the forum and thank you for joining..............

Free Foreclosure Help - Loan Modification - Mortgage Help

Law Offices of Gregory A. Paiva & Associates
1325 Corona Pointe Court
Corona, California 92879
Telephone (888) 432-6634
Facsimile (951) 860-4763

08-18-2008, 11:03 PM	#1 (permalink)
lha3140189 Senior Member Join Date: Aug 2008 Posts: 42 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Fraud and violations My loan docs are so full of fraud and deception. Our loan officer told us we needed to back date the loan papers and rescission or we would lose our lock and the program. Later I discovered a $10,000 YSP. Digging further I found that the Good Faith Estimate was doctored. Page one shows a total of about $16,000 in costs and commissions while page two shows a total of costs at slightly over $11,000. (We signed page two, never saw page one, I figure it ended up in the trash.) The GFE does'nt state whether its a Variable or Fixed. (Its a variable and you guessed it, we thought it was fixed.) So, I've sent in a letter of rescission and a Qualified letter. The response? They told me they looked into it and everything looks legal and the file is closed! So I'm looking for a So. Cal lawyer. Any ideas or comments?

08-18-2008, 11:25 PM	#2 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,931 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Fraud and violations Hi lha3140189, Welcome to the forum and thank you for joining.............. Free Foreclosure Help - Loan Modification - Mortgage Help Law Offices of Gregory A. Paiva & Associates 1325 Corona Pointe Court Corona, California 92879 Telephone (888) 432-6634 Facsimile (951) 860-4763 __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

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