Appellate Argument- appears good result
Posted by kevin on February 3, 2012 under Foreclosure Blog | 
Comments are off for this article
Appeal dealt with whether trial judge improperly refused to set aside default judgment. Clients were older, African American couple- hard working, nice people who got taken for ride. ARM with max interest of over 14%. Had predatory lending, consumer fraud, HOEPA, common law fraud issues in addition to standing. Trial judge did not see it our way, so filed an appeal.
On our website, we say that we are not a modification company- we fight foreclosures in court. Why? Because we believe that our clients are going to get a better shot in front of a judge or judges (appellate level) than they are going to get with a servicer on a HAMP modification. Yes, it is more work and more money, but we believe that ultimately, the borrower who fights gets a better result.
