$25 Billion Dollar Robo-Signing Settlement May Provide Relief for Distressed Homeowners
This settlement creates more opportunity than ever before for people who are in danger of losing their homes to foreclosure, there are now many more options available to them.
- Los Angeles-Long Beach, CA (1888PressRelease) April 05, 2012 - Distressed Homeowners in Burbank, North Hollywood and the surrounding Los Angeles County areas may see additional relief from the banks soon.
In February, the government signed a historic $25 billion dollar settlement with five major lenders over fraudulent foreclosure practices committed during the height of the housing crisis known as "Robo-Signing."
The settlement, while punishing the banks for the fraudulent foreclosures, apportioned the majority of the money towards helping homeowners who may not have been wronged by the banks but who are currently in danger of losing their homes.
"For Burbank Real Estate, North Hollywood Real Estate and The Surrounding Los Angeles County Areas, this settlement creates more opportunity than ever before. For people who are in danger of losing their homes to foreclosure, there are now many more options available to them," says Norma and Kyle, Certified Distressed Property Experts at Remax Town Center.
"While the banks certainly needed to be held responsible for their fraudulent practices," said Norma & Kyle "the vast majority of the foreclosures in this settlement were valid."
As Certified Distressed Property Experts (CDPE), Norma & Kyle have paid special attention to the new options the settlement provides for distressed homeowners. "These opportunities are nothing new," Norma & Kyle say, "many people who are in danger of losing their home just don't know options exist. This settlement simply makes these opportunities more abundant."
A Certified Distressed Property Expert (CDPE) is knowledgeable of the entire landscape of foreclosure avoidance options and is distinctly qualified to negotiate with banks and help financially strapped homeowners regain peace of mind and a sense of stability for the future.
Norma & Kyle have developed a free report entitled "The Robo-Signing Settlement: How it can help you stay in your home" that is accessible from their website, www.ShortSaleHelp411.com
The report provides an overview of all of the details of the settlement and what to do if a homeowner thinks they may be eligible under the terms of the settlement.
About The Achievers Group at Remax Town Center, with over 25 years of experience our Team Specializes in Helping Burbank, North Hollywood and Los Angeles County Homeowners Avoid Foreclosure. We are Certified Distressed Property Experts CDPE and we are FTC compliant.*
*1. "Remax Town Center, The Achievers Group, Norma & Kyle are not associated with the government, and our service is not approved by the government or your and lender;"
*2. "Even if you accept this offer and use our service, your lender may not agree to change your loan."
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