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Defective Mortgages in New York

Tenacious NY Predatory Lending Lawyers

Your mortgage broker is obligated by law to draft a mortgage plan that is in your best interests - in other words, a plan that is realistic, doable, and suited to your budget and financial ability. If he or she failed to do so, you may be able to pursue a defective mortgage claim. At E. Waters & Associates, P.C. we understand that you may be facing one of the most challenging times of your life. We want to help ensure that you are able to achieve the clean slate you need to move on with your life and to renew a sense of control and optimism as you face your future. There is nothing more important than your peace of mind, and with a team of experienced New York and New Jersey legal professionals behind you, rest assured that you are in good hands.

How do I know if my mortgage is defective?

There are several common signs that could indicate a defective mortgage. For example, if your mortgage payment is very high-between 50 and 110 percent of your average monthly income-you may have a viable claim. If your lender promised to refinance you and now he or she is refusing to do so, or if you only recently purchased your home and it has been valued at a much lower price than you originally paid, you may have a defective mortgage as well. At our New York law firm, we are very familiar with the symptoms of defective mortgages and we are prepared to fight for your rights effectively and tenaciously.

Unfortunately, many brokers act with conflicted interests and do not pursue the best case scenario for the potential homeowners with whom they work. If your mortgage broker drafted unfavorable mortgage terms that benefited the lender and not you, we know how to protect your interests. You should be able to receive the best terms for which your credit and financial situation qualify. We can pursue actions against the individuals responsible for a lender-biased mortgage in order to help you regain your financial health, such as:

  • Mortgage brokers
  • Underwriters
  • Lenders
  • Account executives
  • Appraisers

If you have been the victim of a defective mortgage, we can file an action on your behalf and pursue deserved compensation for your damages. Predatory lending is a serious problem, and at E. Waters & Associates, P.C. we take it seriously. We know how to fight aggressively and effectively for the men and women we represent in order to ensure that those responsible for unethical lending practices are held financially responsible for their actions. Many people may have been victimized by abusive lending without even knowing it. At our New York firm, we are committed to pursuing justice for homeowners who have been unjustly targeted and endangered by greedy and illegal lender behavior.

Dedicated Predatory Lending Attorney in New York

At E. Waters & Associates, P.C., we are passionate about protecting our clients from lender abuse. In this challenging economy, abusive lending practices are an unfortunate reality. You may be worried about making ends meet during this time, and we want to help you achieve a new sense of security and financial independence. Talk to a New York foreclosure defense and loan modification attorney from E. Waters & Associates, P.C. today to learn more about our respected practice and how we are ready to stand in your corner and fight effectively for you. We offer free initial case evaluations, so there is no reason to be concerned that receiving the legal advice you need could hurt you financially. Call E. Waters & Associates, P.C. today to learn more!

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