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Lender Litigation Program
Frequently Asked Questions

Below are some frequently asked questions and answers regarding The Litigation Law Group Lender Litigation Program:

Why work with The Litigation Law Group?

What loans are eligible for The Litigation Law Group Lender Litigation Program?

What is the timeline for implementing the Lender Litigation Program?

What modification options will be available to borrowers?

How do borrowers participate in The Litigation Law Group Lender Litigation Program?

Where should borrowers interested in the program call to apply?

Why work with The Litigation Law Group?

Attorney at Law, Lawrence P. Ramirez, is the lead trial attorney for The Litigation Law Group ( and he is one of the leading attorneys in Silicon Valley, California.    Mr. Ramirez has been a practicing trial attorney in real estate, finance, trade secret and business litigation for twenty (20) years, and he has a reputation of being a fighter for his clients.  He takes his legal duty to represent his clients very seriously.  Mr. Ramirez is the past President of the Santa Clara County Trial Lawyers Association, former Trustee of the Santa Clara County Bar Association and Current Member of the Santa Clara County Sheriffs Advisory Board.  Mr. Ramirez earned his Bachelor of Science Degree from San Jose State University in Accounting and Finance, graduating with honors and distinction.  Mr. Ramirez obtained his Doctorate of Jurisprudence (Law Degree) from of Santa Clara University School of Law.

The Litigation Law Group’s lender litigation program is strategically designed to seek restructured mortgages through lender litigation by initiating legal action in Superior Courts throughout the state, that is seeking justice through the legal system and Courts of law.  We cannot create an affordable solution for borrowers unless we have a strategic business relationship with companies like yours that are organized and managed in a manner that efficiently processes and compiles unique and important borrower information and documents.  Wall Street and lenders have engaged in widespread illegal conduct in originating prime and subprime mortgages, ignored state foreclosure laws, engaged in illegal unfair business practices, and violated state Consumer Protection Laws.  Indeed, the Courts and Attorney Generals of various states have found that Lenders acted illegally in originating and marketing loans to borrowers which they knew or should have known borrowers could not pay and which loans would ultimately be foreclosed upon.  In our view, and view of many, it is this illegal conduct that has lead directly to the collapse of the world financial markets and the bankruptcy and closing of many banks in the United States.   Unfortunately, this conduct and these business practices by lenders have left many homes “upside down” and “under water” to the extent that the mortgage debt on the property exceeds the appraised value of the home.  The United States Government has promised help to homeowners, but has failed to do so.  The United States Government recently bailed out Wall Street and Lenders with approximately $700 Billon Dollars, without the legal requirement to help homeowners with meaningful loan modifications that involve principal debt reduction.  This result is of no surprise as the person in charge of the $700 Billion dollars, Secretary of the Treasury, Henry Paulson, is a former Chief Executive Officer of a major Wall Street firm.

The greed of Lenders will likely continue unabated.  They will do everything in their power to minimize any write-off of the principal balance of the mortgage loan owed by homeowners.  Indeed, instead of requiring meaningful loan modifications and reduction of the principal balance, the government has just given Lenders an $800 Billion dollar budget to hire staff and advertise to the millions of Americans whose homes are “upside down” or “under water”.  We anticipate they will hire more loan modifiers and will likely start a major advertising campaign to “help owners”.  This “help” will likely keep as much of the debt on the backs of the homeowners as possible, resulting in little debt relief to homeowners.

The Litigation Law Group lender litigation program is designed to achieve affordable and sustainable mortgage payments for borrowers and help lenders increase the value of distressed mortgages by rehabilitating them from non-performing or under performing loans.  This will only happen through getting Lenders to the bargaining table through litigation.   Some lenders have promised to implement meaningful loan modification procedures.  However, they have failed to do so because the banking system is inherently designed to maximize profits and minimize losses of the banks. This means that lenders want to maintain maximum loan amounts, maintain maximize interest rates and minimize any principal debt reductions.  It will not solve the Foreclosure Problem and the long term economic problems in the United States if the loan modifications by banks leave homeowners with more debt on his/her property than the property is worth.   With mortgage amounts exceeding the value of the home borrowers will not be building equity for their families for many years.   In many instances, Borrowers will spend many years paying off this excessive debt before they begin to see equity in their home.

The ultimate fight is who will be responsible for the amount of mortgage debt that exceeds the property value?    Lenders have the power to write-off debt.  For example, they approve short sales and by selling their bank owned properties to investors for deep discounts on the current market value.  Lenders offer some borrower’s principal loan reductions and others none.  The legal team at The Litigation Law Group will use their experience in litigation and business to put borrowers in the best possible negotiating position. We will use every litigation strategy possible to achieve our client’s goals. 

What loans are eligible for The Litigation Law Group Lender Litigation Program?

The Litigation Law Group has identified 8 Classifications of Mortgages that can benefit from its services.  These Classifications include the range of mortgages from loans that are currently being paid on time and whose value is less than the mortgage debt, loans that are currently in default, and loans that have already been foreclosed upon by the bank and remain in the possession of the bank or in possession by the tenant.   Under our litigation approach, our objective is to restructure to loans to an affordable payment and reasonable and affordable loan amount as close to the fair market value of the properties.  Our litigation approach does not seek restructuring based upon a demonstration of financial hardship or re-qualification, but restructuring debt on the grounds that the mortgage loan was procured by the Lender through violation of California law. 

The goals of The Litigation Law Group Lender Litigation program are to 1) help homeowners keep their homes, 2) reduce the principal debt to a level agreeable to the borrower and in amount that it is reasonable to the borrower to keep his/her home, 3) reduce interest rates, 4) obtain fixed rate loans and, and 5) to obtain a credit repair letter from Lender.   Our litigation approach however, does not guarantee a specific result for borrower.

The Litigation Law Group will also submit disputes directly to the mortgage lender credit reporting department and to credit reporting agencies informing them of the dispute and will demand lender stop further negative reporting and credit repair where required until this dispute is required. 

What is the timeline for implementing the Lender Litigation Program?

The Litigation Law Group will file its complaint in the Superior Court of the County where the borrower resides as soon as possible.   Typically, this will be approximately 2 to four weeks from the date The Litigation Law Group is retained by borrower.  Under California Law, Lender is must respond to borrowers complaint within thirty (30) days of borrowers complaint being filed.   Typically, The Litigation Law Group will receive calls from the Lender or his representative within 2-3 weeks from the date borrower’s complaint was filed.  In the event foreclosure is imminent, or the Lender refuses to stop foreclosure, our office will file legal papers (motions for a temporary restraining order and preliminary injunction) to stop said foreclosure. 

What modification options will be available to borrowers?

Under The Litigation Law Group Lender Litigation Program, mortgages would be restructured/modified into sustainable mortgages permanently capped at the current Freddie Mac survey rate for conforming mortgages (now about 6.5% interest rate). This restructured mortgage would be designed to achieve sustainable payments at a 38 percent debt-to-income (DTI) ratio of principal, interest, taxes and insurance. To reach this metric for affordable payments, restructured mortgages will require a combination of interest rate reductions, extended amortization periods, and principal forbearance.  These are general objectives.  This program is not a hardship request but a negotiated settlement based upon borrowers complaint for lender fraud and other lender violations of California Law.

Keep in mind that Lenders are currently writing off principal mortgage debt in short sales and through the foreclosure process.  When the property becomes and REO Lenders are writing off additional principal debt when they sell properties to investors – our litigation and then negotiation approach factor in these realities.

How do borrowers participate in The Litigation Law Group Lender Litigation Program?

Thousands of delinquent and non-delinquent homeowners will qualify to participate in The Litigation Law Group Lender Litigation Program.  Borrowers may call (408)971-1119 to speak to an attorney and may meet with an attorney in person to discuss their case.   Typically, those borrowers who will decided to participate in this program are those borrowers who can no longer support a mortgage payment on a home that has no equity and is “upside down” or “under water”.  Once a borrower has provided the details regarding the value of the property and the mortgage debt on the property The Litigation Law Group will evaluate whether borrower is a good candidate for the Lender Litigation Program, and, if so, attorneys will make arrangements for filing of a complaint in the Superior Court of California as appropriate.  Once The Litigation Law Group files its complaint in the Superior Court they will likely be called by Lenders legal representative, typically within 2-3 weeks of the filing as they are legally required to respond to such a legal complaint within thirty (30) days. 

Once a borrower decides to participate in the Lender Litigation Program designed by The Litigation Law Group borrower will start the process by: 

  1. Signing and returning Attorney-Client Retainer Agreement along with a check for their first month’s payment requested by The Litigation Law Group.
  2. The borrower must then continue to make his/her timely monthly payments until fees are paid as agreed in the retainer agreement. 

Where should borrowers interested in the program call to participate?

Borrowers who are delinquent or current and whose homes are “upside down” or “under water” and have decided they cannot afford to pay and/or want to restructure their loans through The Litigation Law Group lender litigation program should call (408)971-1119.  They may also visit The Litigation Law Group website ( to find out more about the lender litigation program. 





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