If you face foreclosure, it could very well be due to a lender error. Even if you do not believe your lender has made a mistake, it is important to talk to an experienced lawyer. In many instances, a borrower may overlook a lender error, as borrowers are often not informed of their rights.
There are multiple state and federal laws that protect homeowners from becoming victims of lender misconduct. An example of such a law is the The Truth in Lending Act (TILA). The act states specific information that lenders must provide to consumers. This better ensures that consumers can make well-informed decisions.