The Courts Side with a Homeowner, Whom Reaching U Network Assisted, and Wins Back Her House

Miami, FL (PRWEB) July 01, 2011

On June 15, 2011 foreclosure defense attorney Pomarantz obtained a case dismissed, right after four years of litigation, against one of the biggest mortgage lenders in the United States winning back the property of struggling homeowner Neyma Soltura.

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According to case documents a handful of years ago Neyma Soltura was suffering from several hardships when she became ill with dementia whilst her husband was hospitalized waiting for a kidney transplant. Following two years of paying health-related bills for his hospitalization and with only social safety coming in as income, Neyma Soltura could no longer afford her monthly mortgage payment which had just been raised from $ 1,200 a month to $ 1,700 a month.

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According to case documents when she called her lender to inquire about a loan modification, she was advised that she would qualify for T.A.R.P funds (Trouble Assets Relief Plan) which would help alleviate her financial distress. When she followed up with the bank a handful of months later she was told every little thing was fine and that the government funds had been on their way to support with her mortgage default.

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According to case documents, on July 3, 2008 she was served with papers notifying her that foreclosure proceedings have been moving forward. Surprised and confused by what had just happened Neyma Soltura contacted Reaching U Network, who advised her that she could seek legal representation to properly shield her rights. Reaching U Network connected her to a single of the attorneys in their network that work with property owners to supply affordable legal representation and set her up with the law offices of Mark Pomerantz in Florida.

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According to case documents Pomerantz took on the case and represented Neyma for four years disputing her case against Citibank and their attorneys. When the case went to trial Pomerantz was in a position to prove that Citibank had committed several violations in their mortgage documents and the courts dismissed the case.

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Neyma Soltura won her house back, as it is no longer in foreclosure, providing her the likelihood to invest time with her sick husband, although getting peace of thoughts that their home is now really hers.

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Reaching U Network&#13

1-866-514-Info

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Miami Dade Case&#13

2008-50548-CA-01&#13

Citibank VS Neyma Soltura

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More Loan Modification Press Releases

Reaching U Network Holds a Free Seminar in South Florida for Struggling Homeowners Questioning Their Banks Lending Practices

Hallandale Beach, FL (PRWEB) August 12, 2011

July 21, 2011 Reaching U Network, a non profit organization, held a cost-free seminar for homeowners in South Florida who had inquiries regarding their mortgage lender, their current loan circumstance and the existing status of their residence. Property owners who are in the method of a loan modification or who are in worry of foreclosure attended the seminar to understand from a premier foreclosure lawyer, through examples of previous court circumstances, the procedure the banks at present implement and how this might apply to their residence situation.

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Subject matter such as Floridas present foreclosure status and how it is at the moment the nations highest was discussed, as properly as how in the final year the banks have repossessed more than 1 million residences in the U.S.

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The seminar discussion then turned its concentrate to mortgage documents and the triggers for the foreclosure method, meaning an acceleration clause in ones mortgage documents that specifics the course of foreclosure after one particular defaults on their mortgage.

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The sequence the banks adhere to as soon as a house is in a foreclosure was then provided, providing info as to how banks sue a homeowner for foreclosure and the specifications the banks must acquire to file this lawsuit, such as serving the homeowner with correct notice/complaint below the state and the significance of saving envelopes received from mortgage lenders due to the postmark.

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Via examples of present instances that have been awarded to other homeowners, a lot of queries from the participants had been answered. A single was a lady who was concerned about her terminally ill sister, whose lender had foreclosed on her house even though she was going by way of chemotherapy. An additional was a lady who had legal representation from an lawyer she felt was not properly representing her case concerning her property and the method her lender had taken to file suit. Each of these participants, like a lot of of the other folks in attendance, have been incredibly impressed with the extensive data the seminar offered regarding the banks poor lending practices and the method of loan modifications turning into foreclosures.

Reaching U Network is Giving Away 100 Forensic Mortgage Audits to Struggling Home owners

Miami, FL (PRWEB) September 14, 2011

Banks lending practices these days have been much more than questionable, as according to a report issued by FDIC, 80% of all mortgages contain some kind of fraud. For that reason questioning ones current mortgage documents for fraudulent activity should be a principal concern for each and every homeowner. Reaching U Network, a nonprofit organization, is providing away one hundred Forensic Loan Audits to house owners who have been struggling to preserve their homes. For a homeowner who maybe struggling with a tedious loan modification method or due to a hardship may have defaulted or fallen behind on their mortgage payments, a forensic loan audit might support identify fraudulent activity in mortgage documents which may possibly support save a residence from foreclosure.

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A homeowner must know that a forensic audit alone can not stop foreclosure, any homeowner who is told this demands to be conscious that they are becoming misinformed. What a forensic loan audit can do is open up a discovery method for litigation that could void ones mortgage if it is determined that a home owners mortgage document consists of fraudulent doings. If a homeowner is a victim of fraud or predatory lending practices, a forensic loan audit will give the signifies to take back control for a residence owner struggling to save their home.

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According to Customer Affairs, it is illegal for a mortgage lender to force one to spend on a mortgage that consists of any type of fraud, therefore if a forensic loan audit proves there is fraudulent activity proper legal representation will be necessary to assist a homeowner by way of the procedure of litigation soon after the audit is full.

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Reaching U Network is helping to take the initial step in figuring out if a property owners mortgage is fraudulent. To qualify for a forensic loan audit you should be a homeowner, be behind or in default of your mortgage payments, be employed or have an income and you have to want to save your home. To qualify for a cost-free forensic loan audit send your request to info(at)reachingunetwork(dot)org. Take the very first step in saving your home.

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Related Loan Modification Press Releases

News for Homeowners; Reaching U Network is Now in 20 States Offering Affordable Legal Representation for Struggling Homeowners Not Able to Make Their Mortgage Payments

Miami, FL (PRWEB) May 11, 2011

Anyone denied a loan modification or can’t get through to your lender, help is on the way.

Reaching U Network is a 501c3 non-profit organization that is linked to Freedom Legal Plans by a long time service contract that provides low cost legal representation to homeowners facing foreclosure. Unlike most pre-paid legal services, Freedom Legal Plans specializes on providing members with immediate legal representation. Most homeowners facing foreclosure today need representation but can’t afford to hire an attorney. Reaching U Network helps struggling homeowners by offering different affordable payment options for those who qualify. In extreme cases, Reaching U Network, with the help of Freedom Legal Plans, will sometimes offer free representation with a network attorney.

Reaching U Network surveys homeowners about their legal options and also raises awareness thru television, marketing campaigns, and local workshops.

Members pay a $ 15.00 per month membership fee to access affordable legal representation provided by the Freedom Legal Network of attorneys. Members’ fee is tax deductible and is used to fund legal representation for homeowners with serious hardships such as unemployment.

Network attorneys with Freedom Legal Plans work under a set monthly fee and never an up front retainer fee. The monthly fee is far lower than what most attorneys charge for services provided. Homeowners will not sacrifice the quality of service because the network is monitored and managed by Freedom Legal Plans which makes customer service priority number one.

Reaching U Network has joined forces with Freedom Legal Plans to target the current epidemic of foreclosure by providing forensic and securitization audits to home owners looking to stay in their homes. These audits give a detail insight concerning fraud, TILA, HOPA, and securitization violations. With the assistance of the individual attorney representation these audits will help open legal communications between lenders and homeowners surpassing any loan modification process available today.

This overwhelming process is performed 100% under the umbrella of a local network attorney in the homeowners state. Each attorney has passed rigorous qualifications in order to join the network along with the knowledge on how to stop foreclosure.

5 reasons why homeowners should challenge their mortgage lender if facing foreclosure.

1. If the mortgage was opened between 1999 and 2009, the chances it contains fraud or predatory lending violations is 80%.

2. How to find out if the entity you are paying your mortgage to, has any right to collect?

3. Only 4% of loan modifications are approved.

4. Court ruling in Arizona and Massachusetts has wiped out many mortgage balances; these states are just a few of the many recently on the news.

5. Challenging a mortgage, in court with an attorney, can stop a foreclosure.

Anyone can make a donation and help. Funds will go toward helping struggling homeowners that can’t afford legal representation. Here is their site http://www.reachingunetwork.org

Here is the number to call if someone is facing foreclosure, has been denied a loan modification, or is falling behind on their mortgage payments, call 866-514-4636 or visit http://www.123savemyhome.com for help.

The worst thing to do is wait or do nothing, lenders have attorneys on their side, no one should face foreclosure alone.

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