Did Deception by Your Lender Contribute to Your Problems?
As if the economic downturn and near-collapse of real estate values in some areas of Central Florida were not enough to put many thousands of people in dire straits, some of our clients see, in retrospect, that their bank or lender may have engaged in illegal activity. If you are facing foreclosure or other real estate-related challenges and believe you were taken advantage of, please contact our attorneys today for a free consultation.
Pursuing Your Protections and Rights Under Federal Law
In part because real estate transactions and laws are so complex, we will likely never know just how widespread violations of the federal Truth in Lending Act (TILA) have been. However, a TILA audit may reveal what matters in your specific case, such as:
- Various deceptive practices used to avoid disclosure of the true cost of your mortgage over the full term of the loan
- Hidden fees paid to a mortgage broker or other party to the transaction — which may not have been clearly disclosed as a cost of getting the loan rather than part of the principal
- Misrepresentation of the terms of your home mortgage or other loan
Honest Guidance on the Best Approach for You
A TILA audit — including a thorough review of your mortgage documents and the lender's conduct — can be an intricate and costly process. At Gregory & Clark, PLLC, we conduct such audits only at a client's behest, or we may recommend a TILA audit based on what you tell us about your lender and problems others may have had with that organization.
If a TILA audit reveals violations, these are often clear and demonstrable. In many cases:
- A lender's claims that TILA violations are simple oversights will not hold up in court
- You may have the right to recover excess interest you have paid, plus other types of damages — or even to rescind (have declared void) the entire loan transaction
For a Free, Personal and Discreet Consultation, Call (888) 812-9656 Today
When facing foreclosure or other financial problems related to real estate, you need a lawyer with relevant experience and a range of solid professional resources to call upon. We have these assets at Gregory & Clark, PLLC, in Longwood, and we want to help you — whether negotiations are the right path or a lawsuit is necessary to gain financial justice for you.
