A Leave Act allows you to give up your homeownership. The loss of property rights does not, however, erase the mortgage obligation. If you don’t pay, the lender takes the house back. Although the property can not be prevented by reassigning it to someone else, you can return it to the bank. If the lender recognizes an act instead of a penalty, you can waive your rights and prevent damage to your loan.
For information on foreclosure defense call us at (877) 399 2995. We offer litigation document review support, mortgage audit reports, securitization audit reports, affidavit of expert witness notarized, and more.
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