The facts are that there are many people who are losing their homes to foreclosure because they were placed in mortgages they could not afford.

When you were looking for a mortgage you likely relied on professional advice and the aid of a mortgage broker or lender. The loan process is complicated and most everyone places their trust in the broker to guide them. Unfortunately, many of these brokers placed thousands and thousands of borrowers in loans that they could not afford over the long term.

Predatory lending is a name for a whole class of cases dealing with bad loans. Loans that you could not afford over the long term, loans with high fees, and loans with prepayment penalties. There are thousands and quite possibly maybe a millions of people that have mortgages where the Truth in Lending Act was violated, thus falling under the predatory lending statue.

I wanted to post some information and a website that will help people that think they are victims. Feel free to email me with any questions.