Indiana Home Loan Practices Act and Mortgage Fraud

Despite Indiana’s reputation as a corporate friendly anti plaintiff state, Indiana has one of the most powerful statutes protecting home owners against servicing abuses by mortgage servicers. A mortgage servicer violates Ind. Code § 24-9-3-7(c)(3) if they engage in one or more deceptive acts, as defined by Ind. Code § 24-9-2-7, with respect to a home loan, as defined by Ind. Code § 24-9-2-9. Successful litigants are potentially entitled to two times the financing costs […]

I Have Made All My Mortgage Payments but the Mortgage Servicer is Filing Foreclosure?

We at Saeed & Little, LLP, routinely get calls from home owners who are facing foreclosure but have made all their monthly payments and should otherwise be current on their Mortgage. The home owners are often shocked and cannot understand why the mortgage servicer refuses to help them. Furthermore, these consumers often have an incredibly difficult time finding competent counsel. Most attorneys often don’t understand the nuances of Mortgage Servicing regulations and can’t adequately help […]