Mortgage Litigation Under the Federal Truth In Lending Act

In many cases, it is possible for a borrower in foreclosure to keep possession of their property without making mortgage payments for a period of time due to violations of Federal Law by the Lender.

The Truth In Lending Act (“TILA”) and the Real Estate Settlement Procedures Act (“RESPA”) are important tools to help save your house from foreclosure because they are often completely disregarded. Your loan is could be unlawful, and you may be entitled to substantial damages whether or not you're currently in foreclosure.

The Federal Truth in Lending Act is a very specialized area of law. Many loans can have TILA or RESPA violations, but if you are facing foreclosure, time is of the essence. You need to act quickly. Your loan documents must be evaluated to determine if you have a case BEFORE your property is sold in foreclosure.

If you have issues with your mortgage or mortgage company, contact FerrisBowman PLLC  and we would be happy to consult with you.