GoFightForeclosure.com Reveals Five Better Ways To Validate Debt In Home Foreclosure Defense

Leading self help training system designed to fight mortgage foreclosure and win recommends that homeowners must beware of tricks banks play when validating mortgage debt to foreclose on their homes.
By: GoFightForeclosure.com
 
 
Foreclosure Fraud
Foreclosure Fraud
 
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Listed Under

Tags:
* Home Foreclosure
* Mortgage Fraud
* Beat Home Foreclosure

Industrys:
* Financial
* Banking
* Mortgage

Location:
* US

May 25, 2011 - PRLog -- (Atlanta, Georgia) -- Go Fight Foreclosure System™ (http://GoFightForeclosure.com) today announced five better ways to validate debt in home foreclosure defense. Citing that because of missing paperwork documentation mortgage lenders often try to confuse homeowners when requested to validate mortgage debt or conducting an Qualified Written Request using RESPA.

Kyle Ransom an former full-time mortgage broker with over 15 years experience in the mortgage industry and mortgage securitization expert urges homeowners to beware. Ransom says that when it comes to validating mortgage debt these days mortgage lenders have tricks up their sleeves. He says because of sloppy paperwork and failure to record documents to properly securitize mortgage loans lenders can’t really prove they own mortgage notes.

Further Ransom stresses that because of media coverage concerning mortgage fraud about the way mortgage lenders handled their foreclosure process homeowners are requesting to validate debt. Ransom reveals homeowners want to know who they really owe and what enforceable security interest do the mortgage lender seeking to foreclose really have.

According to the Go Fight Foreclosure System Blog “Asking the bank to validate debt is all wrong”, the site believes homeowners should take the following approach to prove securitization is improper.

1. Object to Debt
2. Object to Foreclosure Sale
3. Object to Notice of Sale
4. Object to Creditor!
5. Object to Mortgage Assignment Transfer

The full article is available for review at:

http://gofightforeclosure.com/blog/2046/bank-validate-deb...

To learn more about the Go Fight Foreclosure System please visit http://GoFightForeclosure.com .

# # #

The Go Fight Foreclosure System™ provides self help training to fight home foreclosure and mortgage fraud. To learn more about the system please visit http://GoFightForeclosure.com .
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