Received a card in the mail regarding becoming a plaintiff of a National Lawsuit against my mortgage company.
The card said "The goal is to make your illegal and fraudulent mortgage go away, seek monetary relief, stop foreclosures, and/or seek compensation for damages.
When I called to inquire, I was told that there would be a fee for their services... (of course!). $2,500 for a Mortgage Compliance Review (which would be 100% refunded if they determined I was not a potential plaintiff). Then $1,000 for a retainer and $650 filing fee.
They would then file a 998 Legal Demand Form with my mortgage company and this would result in them settling out of court. I was told that my interest rate would become 2 or 3% and that 20 to 30% of my principal on my house would be forgiven. Also, if entitled to punitive damages, I could also receive $25,000 to $75,000.
If they didn't settle I could possibly be awarded my house free and clear. Does this sound to good to be true??? When I said I needed to speak with my husband, was told I would receive an email with all the information we discussed. Still waiting on the email!
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