If you have been the victim of predatory lending, then CDA Law Center has the attorney to help you. Between 2001 and 2008, deceptive and predatory lending practices affected a lot of people’s lives. The lawyers at CDA Law Center have found that 90% of the loans they have performed a forensic analysis on have multiple violations. Chances are great that if you took out a new mortgage loan during this period that you were a victim and that violations occurred in the Truth in Lending, RESPA, Section 32, or Regulation Z. You can count on the attorneys at CDA to know the predatory lending law and to be able to conduct a complete forensic analysis of your loan to determine if it was valid.

In addition to the predatory lending law services you can receive from CDA Law Center, there are things you can do to protect yourself. Three days before you signed loan documents, your lender was required to have provided you with a Good Faith Estimate to outline your rate and fees. Compare this document to the Settlement Statement or HUD-1 to tell you where the money you are borrowing will go. Ensure that you agree with any differences between these two documents before you sign.

Knowing the predatory lending law is a benefit of the CDA Law Center that will make the difference in your case. This legal center has experienced case managers, paralegals, analysts, former underwriters, and attorneys that gather your information and then conduct a financial analysis to determine if you qualify for a loan modification. Their investigator has over twenty-eight years of predatory lending experience and is knowledgeable about predatory lending law. He is also recognized as an expert witness in these types of cases.

These days, common predatory lending practices are conducted with increasing frequency due to the state of the economy. Borrowers continue to realize that their mortgage loans have included violations of the predatory lending law and that they have been treated unfairly. Those borrowers whose loans fall into the predatory lending category will often have huge fees financed into the loan that result from digging into the equity of the property with future additional interest to come. Predatory lenders often use deceptive or aggressive practices to sell their loans and may even target certain neighborhoods.

Lenders who break the predatory lending law will also use prepayment penalties and adjustable loans that increase without regard to market conditions. They offer you one rate and fee structure and then change the terms of your loan at the last minute without proper disclosure. These and other common practices are the reason that you need someone like the CDA Law Center who knows the predatory lending law and what your rights are. Before you lose your home to foreclosure, visit www.CDALawCenter.com and learn more about the predatory lending law and what CDA can do to help you save your home. They have the professionals to help you find the violations that were committed in your loan and prevent you from losing your home as a result!