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Friday, March 20, 2009

Federal Truth in Lending Act may be able to stop your foreclosure

NBC News has recently issued a story about 50 lawyers that help consumers fight foreclosure. It follows people who have fallen behind on their mortgage, and then utilize the Federal Truth in Lending Act, which may be able to void the mortgage if a lawyer finds $35 worth of mistakes in the contract.




In an extreme case, the Mosby's got their house mortgage fee, via suing the mortgage lender.

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