Indiana Home Loan Practices Act and Mortgage Fraud

May 24, 2018 Syed Ali SaeedMortgage

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 on the Truth in Lending Disclosures plus actual damages and attorneys’ fees. The statutory damages awarded under the Indiana Home Loan Practices Act can provide significant recovery to Plaintiffs. Saeed & Little, LLP has had tremendous success in utilizing the Indiana Home Loan Practices Act and other federal and state statute to save homes and obtain lucrative settlements for their clients. Please contact us if you are a victim of mortgage servicing abuses.

“Ali Saeed is simply the best and I thank God for him!

A few years ago my husband and I discovered, purely by accident, that our mortgage payments were not being tallied correctly and a large amount had not been applied at all. When we asked questions and tried to prove our records with our mortgager, we were met with opposition and then completely ignored. The situation was frustrating beyond words. We’re far from rich financially but we are honest, hard- working people and we do our best to keep a neat, clean, well maintained home. Our home is no mansion but it is a palace to our family, our homestead, and the thought of losing it after investing so much time and money, well, it simply wasn’t an option.

We knew we needed legal help but didn’t know where to begin. By the grace of God we were referred to Saeed & Little. Everyone that we have encountered at this law firm has been helpful beyond words. Ali and his staff are very compassionate and understanding and, without making promises, they’ve put us at ease. Their knowledge of real estate law is simply phenomenal and it feels so very good to have someone fight our battle for us. I highly recommend Saeed & Little.”

– William & Cheryl Hayes

“I just wanted to take a moment and let anyone know who’s had bill collectors make you stop answering your phone, or collectors make you out right cry, I too was one of those people. I wasn’t capable of paying my creditors due to going on disability and my roommate passing away. Saeed and Little turned my life around for me and I could’ve never imagined what wonders they were capable of doing for my life! I’ll never be able to thank them and their whole team enough for what they accomplished! They’re true miracle workers!”

-B. Draga

“I had dealt with many attorneys, but Ali has been the most efficient and dedicated attorney by far. His dedication got great results in the final outcome on my lawsuit with Bank of America.”

-Delia Webster

“If you need help from an attorney, I recommend calling Ali’s office because he will listen before he starts talking about money if any money is needed. He put in much work to bring my mortgage owners to court and forced them to correct my account. Therefore, get the best and forget the rest!”

-Amin Makin