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?

Mortgage Graphic

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 […]

Fighting Mortgage Fraud

Syed Ali Saeed will review your loan documents after a foreclosure has been filed, looking for violations that he can use as leverage for settlement of your case through a reduction of principal. These violations include accounting errors, loan origination mistakes, how the bank serviced your loan and collected payments, and violations of lending laws. Fraud is common in the mortgage business with little to no incentive to fix the problem. The following is an […]

Bank of America Accused of Mishandling Mortgage

Indiana consumer protection Attorney Syed Ali Saeed represents homeowner Darryle Caines in his lawsuit against Bank of America for the way the bank mishandled his mortgage. Caines said he paid his mortgage on-time, every month, but he said he was shocked when he got a letter from Bank of America saying he was $20,000 behind in payments. When Caines tried to get answers Bank of America did not cooperate. So he turned to Indianapolis consumer […]