Errors in loan documents can save strapped homeowners

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Errors in loan documents can save strapped homeowners - 10/14/2008 3:22:13 PM

pahunkboy

Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
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http://www.latimes.com/business/la-fi-lew12-2008oct12,0,701114.storyErrors in loan documents can save strapped homeowners"In some cases," says You Walk Away's Jon Maddux, "if people were simply overcharged by $30 on the final HUD-1, or if the APR was higher by just 0.125% than was originally disclosed, this may give the lawyers leverage when negotiating with the lender to grant a beneficial loan modification."