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Consumer Law

: Alabama Consumer Blog

Article On Why Your Mortgage Company Lied To You About Postponing The Foreclosure Sale

By M. Stan Herring

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Mortgage companies and the lawyers they keep busy complain in court that they have "No reason to ever lie about the foreclosure sale date" and our numerous lawsuits against them for doing this are crazy.

First of all, I'm not sure how a lawsuit can be crazy. But I do know that what the mortgage companies do is very calculated. Very deliberate. It is done with an eye towards the enormous profits that can be gained. It is done by closing their eyes to the havoc these abusive mortgage companies are creating in our communities.

OK, but why do they do this?

Its all about the money.

Read this article to find out more about why these mortgage companies do what they do in lying about the foreclosure date being suspended or postponed or cancelled.

Full post as published by Alabama Consumer Blog on September 08, 2010 (boomark / email).

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