Figuring out which company to deal with during a foreclosure can be daunting. Even if the original mortgage was with a company recognized by the borrower, that company may not be the one acting against the borrower in court.

For example: Wells Fargo filed more than 3,600 foreclosure lawsuits in Iowa from January 2005 to February 2008, more than any other company identified in Iowa court data. But the company could be taking legal action because it processed payments for another mortgage company or acted as a trustee for investors - not because it's the original lender.

Read More http://www.desmoinesregister.com/app...0333/-1/LIFE04

__________________
Moe Bedard
Founder & President

Loan Safe Solutions - Forensic Loan Document Reviews & Loan Modification Processing
(951) 531-0148 ext. 267 Telephone
(800) 801-7979 Fax

The comments, posts, threads and material on this websites are NOT to be taken as legal advice and we highly recommend that anyone facing foreclosure or that believes they are victims of predatory lending should seek the counsel of an attorney and or an accountant. ALWAYS obtain a second and third opinion on your particular situation from a trusted source. We will not be held liable for any material, comments, posts, threads, emails or any communication made while your visit PredatoryLendingLaw.org. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of our employers, other ventures or any individual attorney. No advice or information, whether oral or written, obtained by you or through or from this website or forum shall create any kind of promise or business relationship. PLEASE READ OUR LEGAL & PRIVACY POLICY HERE