Florida foreclosure defense attorney Steve Kramer examines what you should know about mortgage backed securities and how it affects your foreclosure.
Foreclosures can be a very complicated thing. To add to that confusion, banks don’t keep your loans they are possibly sold off again and again. While you signed a loan with Bank A, you may find down the road you’ve been with Bank C, D, E, and so on. Your loan is like a signed check that can be passed around. When a bank gets a bunch of these loans, they tie them up together and sell them off as a mortgage backed security. When you begin to get foreclosed on, we need to find out who truly owns the property and work from there. Mistakes happen, even electronic ones from big banks. You may be getting sued for foreclosure from someone who doesn’t even hold the note to your house anymore. Watch the video now to learn more.
For more information about foreclosure law and my firm, visit our educational website at http://www.cflforeclosure.com, where we help you through these difficult topics and defend your home. If you have legal questions, I want you to call me at (877) 493-4847. I welcome your call.
The Kramer Law Firm
Attorneys & Counselors at Law
999 Douglas Avenue, Suite 3333
Altamonte Springs, FL 32714
8875 Hidden River Pkwy, Ste 300
Tampa, FL 33637
Downtown Orlando Office
37 N. Orange Avenue, Suite 500
Orlando, FL 32801
Duration : 0:4:13
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