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10276RE: [tips_and_tricks] Foreclosures........

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  • Christopher Dilts
    Mar 1, 2006
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      No it is not TILA but RESPA Title 12 USC 2605 you can actaully sue for actaully damages but that only applies to loans that cover family property. Although I suggust suing under a theory of breach of fiducary duty or breach of contract. More then likely you may also be able to sue under your states Unfair and Deceptive Practice Act as well. If you have any questions feel free to ask

      From: "jennifer" <caveman196540@...>
      Reply-To: tips_and_tricks@yahoogroups.com
      To: tips_and_tricks@yahoogroups.com
      Subject: [tips_and_tricks] Foreclosures........
      Date: Fri, 24 Feb 2006 07:15:17 -0000

      I am in Arizona.I purchased a home as an investment property, paid one
      month of mortgage payments when I get a letter saying that they had
      sold the note to another lender ....well the lender never sent me any
      statements I called them several times and yet no mortgage statements.
      The last time I called one of the reps said that they could not find
      my loan I asked an attorney and he couldn't help me.  6 moths later
      they foreclosed and what is worst they never notified me. No letter,
      mail, nothing not even a sticky note.

      Any suggestions would be greatly appreciated.....

      I had heard somewhere that TILA says that the lenders have to notify
      you via certified mail??????

      Government lawLaw


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