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Q: People who lost their homes in deceptive lender practices what can you do about it?
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What is a mortgage company?

This is a type of regulated lender that specifically lends money for people to purchase "Real Property" (homes)


What are some house repossions companys?

Homes are foreclosed on by the lender. The title to the property is obtained by the lender in the foreclosure process and then the tenant is evicted by legal action.


Should the person who has defaulted on a mortgage due to Hurricane Katrina file bankruptcy or allow the home to be foreclosed on by the lender?

no itts not right for people to lose their homes because its not giving them the chance to pay the morgage no itts not right for people to lose their homes because its not giving them the chance to pay the morgage


Why is it that there is a housing problem?

Housing problems occur when the government gets involved and forces lending practices that allow people to purchase homes they cannot afford.


Is Bank of America a good mortgage lender?

There is no true answer to your question in all reality. The media plays off of the housing crisis and B of A is a massive lender/player in the mortgage industry. Of course people losing their homes to oversights and poor lending practices also involve B of A. To say they are truly a "good" or "bad" lender is hard to say. On the flip side if it wasn't for B of A some folks would have never gotten a mortgage to begin with (whether they maintained it or lost it is a different story). Ask around to friends and family, most people rarely ever interact with their mortgage company in most cases. So things to ask is how easy was the home financing process that they had to go through.


What sort of property can I get a commercial mortgage lender to help me acquire?

A commercial mortgage lender can help an individual acquire multi-unit properties such as office buildings, strip malls, apartment complexes, and retirement homes.


Is there a redemption period in the state of Georgia for foreclosed homes?

In some states, a lender can seek a personal judgment against the debtor regarding the redemption period for foreclosed homes. In Georgia, there is no statutory right of redemption.


How do loans help people?

By giving people a large sum of money to make major purchases like homes, cars, and businesses with a promise to gradually pay back the money at a reasonable pay schedule over a long time with interest being given to the lender.


Why do people need homes?

People need homes because of the necessity for shelter.


What homes do people in Ireland live in?

they live in homes


How many people lost there homes in 2008?

A lot of people lost there homes in 2008.


Do people in Ghana live in mud homes?

people in Ghana do not leave in mud homes