“Leading foreclosure self help system wants homeowners facing foreclosure to contest what authority the mortgage lender holds to foreclose on them.”
Atlanta, GA – August 17, 2011 – (RealEstateRama) — GoFightForeclosure.com the Go Fight Foreclosure System today announced a warning signal to homeowners that they must contest to stop foreclosure. Citing homeowners fighting foreclosures are now endangered species after a ruling from a judge in New Jersey approving that four major banks can resume uncontested foreclosures.
According to Kyle Ransom, founder of the Go Fight Foreclosure System banks continue to use illegal Robo Signer practices to foreclose. Ransom says very few homeowners know how-to contest foreclosures and most do not contest foreclosure out of fear. He says foreclosure mortgage fraud is organized crime and if the Government does not intervene the ordinary American homeowner will be extinct. Additionally, Ransom feels the declining economy and unemployment rate will be the primary factors driving hardworking homeowners into foreclosure.
“Banks are illegally foreclosing on homeowners without being in possession of original mortgage notes using Robo Signers and fabricated mortgage assignment transfers. This is typically because they know that these homeowners don’t have the knowledge or resources to contest this illegal malice activity,” stated Kyle Ransom.
Continuing Ransom says the Go Fight Foreclosure System provides a cost-effective solution with sample forms that homeowners use to contest their foreclosures. Showing homeowners how to file federal complaints against mortgage lenders who commit foreclosure mortgage fraud.
The four major banks granted permission to resume uncontested foreclosure actions are Bank of America, Citigroup, JPMorgan Chase and Wells Fargo. The state of New Jersey win will grant these specific banks among the major six financial institutions who actually make up 40% of foreclosures filed in the state court. Leading the opening to restart new foreclosure filings, pending cases, and future foreclosures.
For homeowners looking for resources to contest foreclosures please visit http://GoFightForeclosure.com .
About Kyle Ransom
Kyle Ransom is the founder of Go Fight Foreclosure System http://GoFightForeclosure.com . He termed the foreclosure defense “Improper Mortgage Securitization” used by homeowners to challenge their mortgage lender’s enforceable security interest to foreclose.
Ransom is a former licensed mortgage broker with over 15 years experience in banking and finance and real estate investing. He is the CEO of Ultisky, Inc and oversees several online business models.