GoFightForeclosure.com Reveals Bad Paperwork Circumvent Foreclosures Chain of Assignment

Oct. 5, 2010 - PRLog -- (Atlanta, Georgia) -- GoFightForeclosure.com the Go Fight Foreclosure System™ announced today that paperwork errors circumvent foreclosures chain of assignment. Citing homeowners facing foreclosures must fight foreclosure by challenging mortgage lenders that do not have proper documentation to carryout foreclosures.

Kyle Ransom, CEO of Ultisky, Inc owner of GoFightForeclosure.com and Go Fight Foreclosure System™ views federal investigation of the nation’s largest mortgage lenders a step in the right direction. Ransom expresses that he has reviewed numerous of mortgage assignments that were fabricated and only purposely prepared before foreclosing on the properties and solely just to foreclose on victims. He reveals that this act circumvents proper laws that are designed to govern chain of mortgage assignment and ownership documentation. Which he also stresses prevents discovering the true holder in due course of the mortgage assignment and feels that this is fraud.

Recently, House Speaker Nancy Pelosi, Rep. Zoe Lofgren and other California Democrats called for a federal investigation concerning the processing of thousands of foreclosures by many of the nation’s largest mortgage lenders.

Ransom urges that wrongful foreclosures are happening across the nation because homeowners don’t know how to challenge them and banks are playing dirty. He feels that homeowners must educate themselves on how to identify wrongful foreclosures.

For more information please visit http://GoFightForeclosure.com .

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The Go Fight Foreclosure System™ provides homeowners in foreclosure situations the resources needed to fight foreclosure sales at the last minute. To learn more about the system please visit http://GoFightForeclosure.com .