Robert's Rules of Foreclosure Defiance

1. TRUST NO BANK: Whatever the Banks and Servicers tell you about your mortgage- Do not believe them. Trust no one. They are paid to lie to you.

2. EXPERIENCE A PARADIGM SHIFT: Change your thinking. The Banks and Servicers are not here to help you an do not care about you, your family or your home.

3. WALL STREET IS RESPONSIBLE FOR THE HOUSING CRISIS: Wall Street Bankers and Predatory Lenders and Mortgage Servicers caused the housing crisis. Not you.

4. DEREGULATION OF BANKS: Deregulation of Investment Retail Banking and tax government supervision allowed greed, fraud and an infinite number of illegal acts to destroy the housing market and then the country and world into the Great Recession.

5. BANKS & SERVICERS: Banks and Servicers make more money from foreclosures than loan modifications. More time. More money

6. LOANS IN DEFAULT: When Banks and Servicers tell you that your mortgage payments may be late 90 days before you qualify for a government loan modification. They are lying to you and luring you into default.

7. FANNIE & FREDDIE: Fannie Mae and Freddie Mac are no better than the greedy banks. They say they say one thing, but hide behind the Servicer until after foreclosure and make more money when you lose your home.

8.) Virtually, ALWAYS the bank that loaned you the money to buy or refinance your home sold your note to someone else immediately!

LETTER TO THE EDITOR: Attorney advice is necessary

Published Wednesday, October 3, 2012

DeKalb Neighbor Newspaper

Julie Mignone & Seth Katz, Esq.

Attorney Advice is Necessary in Foreclosure Cases

EDITOR:

Just a couple quick points on the Sept. 19 Public Safety Corner column entitled “Six Mortgage Relief Scams You Should Avoid.”

First, the article paints mortgage audits and the use of general probabilities regarding securitization irregularities with a very broad brush. At Thompson Law Group, we use audits from certified auditors in all of our foreclosure matters.

While the usefulness of the audit varies from case to case (the most useful situations being where all trust tranches have been paid out), our experience has been that (in the case of securitized loans) there is almost always a strong argument to be made regarding the failure to abide by the terms of the trust documents and the failure to follow Georgia law regarding the attestation and recordation of deeds.

Second, while the article accurately describes a very real problem, we feel that it does not offer an adequate solution. While free services offered by federal entities such as HUD may be helpful in some regard, the fact is that the vast majority of HUD counselors are not attorneys.

Consequently, they are not ethically bound to zealously plead the homeowner’s cause, nor are they familiar with the legal standards relevant to permanently stopping a foreclosure or succeeding on a wrongful foreclosure claim in Georgia.

In contrast, licensed attorneys are policed by the Georgia Bar and are subject to discipline for being incompetent and unethical. This is why seeking the advice of an attorney who specializes in foreclosure is the best option.

Julie Mignone

Marketing and Media Relations Coordinator, Thompson Law Group LLC