Are you a victim of Predatory Lending or Mortgage broker Fraud?...Did you get the loan you thought you were getting?
Island Mortgage is a known predatory mortgage lending broker.
They just recently
were sued by a homeowner in
McAllen ,
Texas and decided to settle out of
court to avoid loosing the case because of Truth in Lending violations
and non-disclosure of Yield Spread Premium, (YSP).
The case was settled
out of court and the court file is sealed as to the amount of the
settlement.
If you have
refinanced your mortgage with Island
Mortgage, 3311 Padre Blvd. , San Padre Island , Texas in the last two and 1/2 years, contact
us immediately!
Your loan may be
subject to rescission and the YSP could be subject to unfair and
deceptive practices by the broker and lender.
A recent class
action case was settled out of court in Washington by Attorney.
There are many different ways that banks, lenders and brokers can trick homeowners into giving up their homes.
There is a legal remedy to recover Truth In Lending Act violation fines, void the lenders security interest in the property and collect money damages.
You may be a victim of Predatory Lending Practices...Find out more about how your Broker or Lender may have violated the Truth in Lending Act and other consumer protection laws...Click on this link: http://mortgage-home-loan-bank-fraud.com/report.html