Lenders and Mortgage Servicers do not have the capacity to effectively ensure that they are in compliance with foreclosure laws and statues. Often times, lenders employ a “third party” Trustee Company or Attorney to administer the foreclosure process on behalf of the lender; consequently transferring the liability to the Trustee or Attorney for any violations of foreclosure laws and/or statutes.
Home Retention Services requires that the Trustee or Law Firm verify a comprehensive list of items related to the procedures enacted by the lender and/or Trustee during the foreclosure process. Since the Trustee or firm assumes all liability in the auctioning of the property, they will not foreclosure on the property if there is potential for any violation of foreclosure laws or statutes. This would lead to potential litigation.