Manassas Lending Scams Lawyer
Victim of Mortgage Fraud in Northern Virginia?
Aggressive Representation in Mortgage Lending Scams
Some lenders and real estate professionals will take advantage of homebuyers and property owners, padding their fees and commissions or luring people into illegal mortgage schemes.
The Manassas law firm of Thomas R. Breeden, P.C., has the sophistication to trace the paper trail and pursue civil damages for fraud and conspiracy. We have successfully sued banks and mortgage lenders, realtors, appraisers and settlement companies across Northern Virginia for their part in these scams. Call 703-659-0188 for an Initial consultation.
Mortgage and Refinancing Scams
Shady lending practices can add thousands of dollars to the cost of your loan, or result in lost equity and even foreclosure. We have represented buyers, homeowners or businesses in seeking monetary damages for a wide range of lending scams, from subtle misrepresentations to large scale swindles:
- Misrepresentation of closing costs
- Failure to disclose fees
- Excessive points and fees
- Bait-and-switch on interest rates
- Serial refinancing
- Predatory lending
- Equity skimming and Ponzi schemes
- Fictitious appraisals to obtain inflated loans
Lending scams often target low-income or minority buyers, homeowners who owe substantial mortgage arrears or taxes, or financially strapped owners borrowing against their hard-earned home equity. Buyers are left “upside down” on a mortgage they can’t afford, and cheated out of equity through high closing costs and other deceit.
Consumer rights attorney Tom Breeden and his highly trained paralegals can sort through the complex loan documents and disclosures and force the accused to turn over financial information to prove that you were misled and that they profited illegally.
We have brought successful civil actions under the Truth in Lending Act, the Real Estate Settlement Procedures Act (RESPA), the Homeowner Equity Act and the Equal Opportunity Credit Act. We aim to get clients out from under unsound mortgages, and recover damages — up to triple the amount of your loss in some cases.
If you were the victim of a lending scam, contact a law firm that cares and has the ability to fight back. Call 703-659-0188 or contact us online for an initial case evaluation. We take cases in Prince William, Fairfax, Fauquier, Loudon and Stafford counties.