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Yesner & Boss, P.L. Home Contact Us About the Firm & Staff The Attorneys at Yesner & Boss Bankruptcy, Foreclosure and Real Estate Law Videos Bankruptcy, Foreclosure and Real Estate Law News Bankruptcy, Foreclosure and Real Estate Attorney Blog Real Estate Glossary
 
  Predatory Lending  

Are you a Victim of Predatory Lending in Tampa, Clearwater, St Petersburg, Lakeland, Bradenton, Pasco, Sarasota, or Anywhere in Florida?

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There are a number of laws and regulations designed to protect homeowners from predatory lending, such as the Truth in Lending Act and other laws that regulate credit transactions. And if you are facing foreclosure on your home, whether it’s in Tampa, Clearwater, St Petersburg, Pasco, Bradenton, Sarasota, Lakeland, or anywhere across Florida, predatory mortgage lending may be a foreclosure defense that will allow you to avoid foreclosure. In fact, if there has been a violation, you may be able to void the mortgage and apply 100 percent of your payments to the principal, or possibly recover monetary damages. If you believe you may have been the victim of predatory mortgage lending, contact Yesner & Boss, P.L. today. We have experience handling these types of cases and can guide you through what can often be a very complex process of proving your lender has committed predatory lending.

Predatory lending is a general term for illegal practices that lenders, mortgage brokers and property appraisers may use in an effort to make as much money as possible during real estate transactions. Some examples of this type of activity include:

  • Fake appraisals

  • Encouraging a borrower to overstate their income in an effort to obtain a mortgage they cannot afford

  • Pushing borrowers into high-risk loans

  • Pressuring homeowners to refinance multiple times

  • And more

If you feel you have been a victim of any of the above scenarios, or any other type of predatory lending practices, contact us right away. We’ll take the time to research your situation, and then help you secure the best possible outcome. That’s the type of customer-oriented service we pride ourselves on at Yesner & Boss, P.L.

Contact us today to set up a free consultation and learn more about predatory lending.