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From Government, Legal and Policy - Legal Issues

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Protection Legal Group Providing Foreclosure Defense in the Midst of Bank of America Lawsuits

Thu, 25 Oct 2012 20:46:40 EST

Protection Legal Group announced that it is continuing to provide foreclosure defense to homeowners in spite of the lawsuit filed against Bank of America by the federal government.

One attorney at the Protection Legal Group said "We understand that the federal government has a mission, and we know the mission of our foreclosure defense attorneys. We intend to protect homeowners with foreclosure defense, help them find mortgage relief options that work for them and stay in their homes.'

The United States Justice Department is seeking roughly $1 billion from Bank of America in a lawsuit that alleges that the bank committed fraud by selling defective mortgages. The program that sold the mortgages was allegedly known internally as "the hustle.'

Those mortgages were purchased by Fannie Mae and Freddie Mac and resulted in over $1 billion in losses for taxpayers as well as numerous foreclosures.

Foreclosure Defense
At Protection Legal Group, our attorneys have worked one on one with countless homeowners. Even with the best intentions, the federal government cannot move fast enough to help consumers who need mortgage relief. Real results is what homeowners need. While there are certainly politicians trying to hold banks accountable and trying to give homeowners a chance, lawsuits like the one against Bank of America will not help someone who faces foreclosure in the next 60 to 90 days.

For homeowners who have gotten notices, who are upside down on their mortgages or who are in financial turmoil, the foreclosure defense lawyers at Protection Legal Group can provide the kind of options necessary to stay in your home.

About Us
If you are interested in getting help from a foreclosure defense attorney, call Protection Legal Group at (877) 781-8496 or go to www.protectionlegalgroup.com. With years of experience helping people avoid foreclosure, we can help keep you in your home.


Source: WebWire



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