A California couple was offered a settlement by OCWEN that included allowing their foreclosure to be cancelled and reduced their homeowner payment by 55%.

Cheyenne, WY -- (SBWIRE) -- 10/16/2013 -- Having fallen two years behind on their mortgage and facing a foreclosure sale date, California homeowners, Gregorio and Maria Salvador, were about to lose their home. As a last minute effort, they sought the legal services of attorney, John Woods of the Law Offices of Art Hoomiratana in Pasadena, CA. The firm specializes in foreclosure defense and has a proven track record of success for not only preventing foreclosures but for also having foreclosures overturned, even after the sale has been completed. To investigate the lender's standing to foreclose, Woods hired a company called Paladin Securitization Auditors to conduct a securitization audit, a document that investigates the securitization process and identifies violations of the Securities Exchange Commission.

The securitization audit found evidence of the following: Fraud and Wrongful Foreclosure Case based upon Statutory Violations, Promissory Estoppel, Negligence, Negligent Misrepresentation and Violation of Business and Professions Code 17200. Based on the findings of the securitization audit from Paladin, The Law Offices of Art Hoomiratana litigated on the above stated matters and OCWEN offered up an immediate settlement that included removing the client from foreclosure and a 25 percent reduction of principle. The settlement also included over a 5 percent reduction in interest rate. As a result, the homeowners' payment was reduced by over 55 percent.

Paladin's securitization audit not only helped save the Salvador's home, but it also led to a payment reduction of over 50 percent. This isn't the first time their securitization audits have been used successfully in court, either. In fact, Paladin boasts a successful portfolio of clients, both homeowners and attorneys that have used their audits to settle with lenders and servicers both inside and outside of the courtroom.

If you are facing foreclosure, have lost your home to foreclosure, or if you are simply seeking a loan modification then you can take advantage of Paladin Securitization Auditors' free consultation. Simply call 877-848-8088 to speak with one of their representatives. Or you may visit their website at www.securitizationauditservices.com.

For reference, the case number is: RIC1300946

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paladin Securitization Services helped a San Mateo family with their foreclosure defense with a securitization audit so they were able to keep their home.

Cheyenne, WY -- (SBWIRE) -- 10/10/2013 -- A new landmark holding by a San Mateo County judge on Thursday could transform the prospects of California homeowners facing foreclosure. Last week a judge ruled in favor of homeowner, Rudra Nand, citing potential negligence on behalf of her lender, Bank of America.

Facing imminent foreclosure, California homeowner, Rudra Nand, sought council from attorney, Bryan Smith of the Law Offices of Art Hoomiratana. To investigate the lender's standing to foreclose, Smith immediately hired Paladin Securitization Auditors to conduct an audit, which found evidence of the following: Breach of Contract, Fraud, Violation of California Civil Code Section 2923, Promissory Estoppel, Negligence, Negligent Misrepresentation, Intentional Infliction of Emotional Distress and Violation of Business and Professions Code Section 17200,et seq.

Based on Paladin's findings, Smith filed a complaint against Bank of America, and after further litigation, the judge ruled in favor of the plaintiff holding that his complaint properly alleged negligence and negligent misrepresentation, just as initially disclosed by the audit performed by Paladin Securitization Auditors. Prior to this momentous decision, lenders had previously hidden behind the Nymark case, which ruled in favor of the lender on negligence charges. But in the recent breakthrough case of Rudra Nand vs. Bank of America, the court has allowed Nand to proceed with her allegations of negligence against Bank of America.

Paladin's securitization audit helped save Nand's home and if you're facing foreclosure, this may help save your home as well. Paladin Securitization Auditors is the nation's leader in quality courtroom ready securitization audits for foreclosure defense attorneys and homeowners. They are currently offering a free consultation for those facing foreclosure, in need of a loan modification, or for those that have already lost their home to the foreclosure process.

Click here to see a copy of the Nand ruling.

Call Paladin Securitization Auditors today at (877) 848-8088 to take advantage of their free consultation.

About Paladin Securitization Auditors
Paladin Securitization Auditors offers trial ready audits to homeowners, attorneys, and commercial property owners.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Cheyenne, WY -- (SBWIRE) -- 04/03/2013 -- Yong Yuan was set for eviction by ABN AMRO Mortgage Group, Inc. His home had been auctioned off at the Alameda County Courthouse on September 20, 2102 after the lender purportedly completed all of the foreclosure proceedings. Right before his eviction though, Yuan decided to save his home with one last effort. He hired the Law Offices of Art Hoomiratana in Pasadena, CA to launch a foreclosure defense case.

Hoomiratana's law firm is no stranger to foreclosure defense and as in many of their other cases, they hired Paladin Securitization Auditors to perform a securitization audit on Yuan's property. The findings were astounding. The audit found that: Bryan Bly, a robo signer for Nationwide Title Clearing in Florida, "executed a Corporate Assignment of Deed of Trust as Vice President of CitiMortgage, Inc. as Successor in Interest by Merger to ABN AMRO Mortgage Group, Inc."

In other words, Bly signed as the Vice President of a company he never worked for in order to get the loan transferred to ABN AMRO Mortgage Group, Inc. The audit also lays out numerous other issues in the foreclosure and securitization process for Yuan's property, including the First Vice President of Bayview Loan Servicing also transferring the trustee of the loan another entity after Bly had purportedly assigned the Deed of Trust to AMRO Mortgage Group, Inc. This means two separate lenders, who both thought they owned the loan, transferred it to two different entities.

The result was the judge issuing a temporary restraining order on AMRO due to their lack of standing to foreclose on Yuan's property. The judge also stayed the eviction proceeding until the foreclosure defense case is completed.

Yong Yuan's war isn't over, but he's won this battle thanks to the Law Offices of Art Hoomiratana and Paladin Securitization Auditors.

Paladin Securitization Auditors is currently offering homeowners and attorneys a free consultation to see if a securitization audit is right for your specific situation. The phone number is (877) 848-8088.

For the original securitization audit, click here.

For reference, the case number is County of Alameda, HG 12652448

For more information on Paladin Securitization Auditors you can visit their websites:

Attorneys click here: http://www.securitizationauditservices.com

Homeowners click here: http://www.paladinwestcoast.com

About Paladin Securitization Auditors
Paladin Securitization Auditors offers wholesale, trial-ready securitization audits to attorneys. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paladin Securitization Auditors, the nation’s leader in securitization audits, has teamed with Legal Armor to offer a service similar to pre-paid legal, but focused on foreclosures. It’s affordable and effective for homeowners.

Cheyenne, WY -- (SBWIRE) -- 03/29/2013 -- Pre-paid legal services are well known and most Americans nowadays have some type of coverage. However, you can now obtain a similar service that is focused specifically on foreclosure prevention and provides you with affordable access to a foreclosure attorney in your area. Paladin Securitization Auditors of Cheyenne, WY has teamed up with Legal Armor to offer homeowners this new, incredible service.

The basic package starts at just $19.95 per month and gives homeowners facing foreclosure access to a 24 hour legal service, financial planning, online legal forms, credit review, and much more. The second and third levels of service both have the same monthly fee of $19.95 but also have a one-time fee associated with them. Legal Armor's highest level of service includes Paladin's nationally recognized, securitization audit. This allows homeowners to determine if their mortgage loan has been bundled and sold as part of a securitization process, and whether the lender has the right to actually foreclose on the property.

A spokesperson from Legal Armor said:

"Legal Armor was founded to provide affordable and highly trained legal representation to homeowners facing foreclosure. We realize that attorneys are expensive and that locating an attorney who is an expert in foreclosure defense is a challenge. Legal Armor has specifically created this service to help American homeowners gain access to high-quality, knowledgeable legal defense.

The mortgage audit that is offered in Legal Armor's Tier 3 package has been used by attorneys across the nation to help their clients obtain dismissals in foreclosure trials, punitive damages from the lender, delay foreclosure sales, and even loan modifications with principal reductions.

For more information on the Legal Armor pre-paid foreclosure defense service, you can visit their site at http://paladin.legal-armor.com/ or call (877) 848-8088.

About Paldin Securitization Auditors
Paladin Securitization Auditors and Legal Armor offer affordable access to foreclosure attorneys and securitization audits. http://www.paladinwestcoast.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Cheyenne, WY -- (SBWIRE) -- 02/06/2013 -- As of Tuesday morning Bloomberg's account managers have confirmed that the Bloomberg Terminal Loan Find program has been removed from the terminal options.

The Loan Find program had previously been sold to attorneys, forensic loan auditors, and mortgage auditing companies across the country. The program allowed members to search and identify the trust for securitized loans. This information is invaluable for foreclosure defense cases, as it will help determine if the party foreclosing has any right to do so.

Its speculated that several banks pressured Bloomberg to terminate the Loan Find Program but the official statement from account managers at Bloomberg to a Paladin Securitization Auditors representative, is that their information was being resold to non-subscribers of the program. Homeowners were getting information that proved their loans were still actively trading and that the trusts were not showing losses, at least not in the amount the foreclosure attorneys claimed.

The effect of the shutdown has sent waves through the mortgage auditing industry. By shutting down the Bloomberg Terminal's Loan Find Program, many of the seminar-trained auditors have lost one of their main sources for obtaining trust data. For forensic loan auditors and mortgage auditing companies, this could very well throw a wrench in the production system.

There are still some mortgage auditing companies out there that used different systems to identify loans. For example, Paladin Securitization Auditors of Cheyenne, WY is capable of identifying loans through their own internal system. A spokesperson for Paladin stated,

"If you're facing foreclosure and are wondering where to get a mortgage or forensic loan audit, be sure to look at the auditing company's website to see if their main source of loan information was from the Bloomberg Terminal. If it was, you may want to consider other options."

"Paladin Securitization Auditors uses a completely different system to identify loan trusts and is completely unaffected by the shutdown of Bloomberg's Loan Find Program."

Paladin Securitization Auditors is currently offering a free consultation to attorneys and homeowners to see if a securitization audit is right for your individual situation. They can be reached at (877) 848-8088 or you can also email a representative here.

Paladin Securitization Auditors offers trial-ready securitization audits to attorneys & homeowners. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Darell Walterson was facing foreclosure from Cal West Reconveyance and US Bank when he decided to use a securitization audit for foreclosure defense. The result was a loan modification with a principal reduction of $188,459.

Pleasanton, CA -- (SBWIRE) -- 01/14/2013 -- Loan Modification used to be fairly simple to obtain for most homeowners during the housing boom. However, during this current state of the foreclosure crisis, securing a loan modification for a distressed homeowner is nearly impossible. For a homeowner in foreclosure, the chances are slim to none. Darell Walterson from Pleasanton, CA found a way to not only obtain a loan modification while in foreclosure, but also received a principal reduction of over $188,000. What was his secret weapon? A document called a securitization audit and one heck of a foreclosure defense attorney.

Walterson found himself in litigation recently when US Bank hired Cal West Reconveyance to foreclose on his property. The Law Offices of Art Hoomiratana represented Walterson with his foreclosure defense. Walterson also hired Paladin Securitization Auditors to prepare a securitization audit for his case. This mortgage audit, through detailed analysis, found:

"There is a question of standing in the foreclosure. If U.S. Bank is the Note holder, they have not come forward with the Note and documented chain of title showing how U.S. Bank paid for and came to own a loan once made by Plaza Home Mortgage, Inc. The loan would have been sold several times (from Plaza to one of the five Trust Originators; then to the Depositor; and finally to U.S. Bank, as the Trustee)."

Some of the details that leveraged US Bank into settling outside of court for a loan modification include Cal Western Reconveyance's own employee acting and signing for a substitution of trustee as a MERS Secretary, probable bifurcation and invalidation of the deed, and two defunct mortgage corporations that have signed documents after filing for Chapter 11 Bankruptcy.

After seeing the evidence presented by Hoomiratana and Paladin Securitization Auditors, US Bank settled outside of court for a reduced mortgage rate of 3% (from 6.63%) and a principal reduction of $188,459.46 off of the original loan balance of $524,983.65. His payments were also reduced from $3,283.41 to $1,690.49.

The case number is 1261928 and was held at the Superior Court State of California, County of Alameda.

For the actual securitization audit used in the trial, click here.

If you're facing foreclosure or having trouble obtaining a loan modification, call Paladin Securitization Auditors today at (877) 848-8088 for a free consultation. You can also email a representative here.

About Paladin Securitization Auditors
Paladin Securitization Auditors offers trial-ready securitization audits to attorneys & homeowners. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paladin Securitization Auditors is working with homeowners that are specifically involved with David J Stern’s foreclosure mill in Florida, to provide securitization audits.

Cheyenne, WY -- (SBWIRE) -- 12/13/2012 -- David J Stern, also known as "Florida's Foreclosure King", and his law firm were well known for handling tens of thousands of foreclosure cases around the State of Florida. Now though, with Stern's firm shut down due to accusations of falsified paperwork and violations of State and Federal statues, banks are looking to move forward with the finalization of the outstanding foreclosure cases. Paladin Securitization Auditors of Cheyenne, WY, is reaching out to homeowners involved with Stern's foreclosure mill.

A spokesperson for Paladin Securitization Auditors stated:

"We've seen numerous files lately that have all been associated with David J. Stern. With every single file we have located a glaring error in either the foreclosure process, or the securitization process. Both of which have enormous bearing on a foreclosure defense case."

Several lenders and servicers that are commonly associated with the Law Offices of David J. Stern are Deutsche Bank, Bank of America, BAC Home Loans Servicing LP, Aurora Loan Services, and Citigroup. Paladin executives are urging homeowners in Florida that are facing foreclosure or are about to enter the foreclosure process to review their most recent mortgage coupons to see who their servicer is. If it is one of the entities listed above or if they believe there may be a chance their loan was somehow involved with Stern's law firm, then there is a good chance Paladin Securitization Auditors can provide solid evidence for a foreclosure defense.

This isn't the first time Paladin Securitization Auditors has helped Florida residents. Earlier this year one of their success stories in Pinellas County hit the news as Aida and Howard Hayes' foreclosure case was dismissed using one of Paladin Securitization Auditors' mortgage audits. The full story can be read here.

If you believe your mortgage loan or foreclosure defense case is somehow related to the Law Offices of David J. Stern, then call Paladin Securitization Auditors today at (877) 848-8088 for a free consultation. You can also email a representative here.

About Paladin Securitization Auditors
Paladin Securitization Auditors offers trial-ready securitization audits to attorneys & homeowners. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Fontana, CA resident Hung Vy scored a landmark victory against Bank of America in the fight against foreclosure. Her weapons of choice were a securitization audit from Paladin Securitization Auditors and foreclosure defense attorney Art Hoomiratana.

Fontana, CA -- (SBWIRE) -- 10/08/2012 -- The negative amortization loan could very well be the Beelzebub of the foreclosure crisis. A staggering number of Americans were seduced into this type of mortgage loan by the allure of low monthly payments. The caveat was that the low payments only lasted for 3 or 5 years, depending on the loan. After that, the terms would "adjust", monthly mortgage payment amounts would skyrocket, and homeowners like Huong Vy of Fontana, CA were left without a paddle.

Vy however, was unwilling to "give up the ghost", per say. Instead, she put on her armor and went to war against one of the largest banks in the nation, Bank of America. She secured the services of Art Hoomiratana from www.realestatelawcenter.org who is a seasoned foreclosure defense attorney. Hoomiratana, being all too familiar with negative amortization loans, pulled out a little known weapon called the securitization audit.

If the negative amortization loan is the Beelzebub of the foreclosure crisis, then the securitization audit from Paladin Securitization Auditors can be likened to the sword of Michael. This document, when properly constructed, is considered legal evidence in a court of law – and Bank of America is well aware of this. Paladin Securitization Auditors, when compiling the audit, found that although Vy's loan was purportedly owned by Bank of America, there was evidence that it may have been sold to Deutsche Bank:

A Servicing Transfer Notice was sent to the borrower as of July 4, 2011. The document entitled "Fair Debt Collections Practices Act and State Law Notice". Buried in the document is a reference to the name of the creditor being DEUTSCHE BK (HARBORVIEW 2006-9). Nowhere else is there an indication that the debt is not owned by Bank of America. There is no mention of this fact in the Notice of Default or Notice of Trustee Sale. This indicates that this loan was purportedly sold to Deutsche Bank National Trust, as Trustee for the HarborView Mortgage Loan Trust 2006-9.

Additionally, no record could be found of a Corporate Assignment from Mortgage Electronic Registration Systems, Inc. to Deutsche Bank as Trustee for the HarborView Mortgage Loan Trust 2006-9. Nor could the Original Note be located for review that would have shown a valid endorsement to Deutsche Bank. The issuing entity, HarborView Trust had also been sued by investors for, "improper recordkeeping, making false and misleading statements and defrauding buyers of the bonds backed by the mortgages that were securitized."

With the mountain of evidence showing that Bank of America had no standing to foreclose, they opted to settle out of court. The result was a principal reduction of $332,154, a 2% interest rate, and a reduction in monthly payments from $3447.32 to $1794.08.

With Hoomiratana carrying the victor's flag for Vy and Paladin producing audits for clients nationwide, you can be sure that the war on foreclosure has found itself new heroes.

Click here for a copy of the original securitization audit.

Click here for additional, highlighted success stories from Paladin Securitization Auditors.

About Paladin Securitization Auditors
Paladin Securitization Auditors offers trial-ready securitization audits to attorneys and homeowners. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

In the midst of a foreclosure crisis that appears hopeless for most Americans, a Connecticut homeowner decided to take his foreclosure to the court system. With the help of a securitization audit he successfully vacated the judgment against his home.

Hampton, CT -- (SBWIRE) -- 08/16/2012 -- In an all too common situation, a Hampton, CT homeowner found himself as just another statistic in the foreclosure crisis that's sweeping the nation. The Bank Of New York Mellon, as Successor Trustee Under NovaStar Mortgage Funding Trust, filed foreclosure proceedings against his property on April 15, 2011.

The Hampton homeowner, instead of letting the bank just take his property, hired a foreclosure attorney and obtained the services of a nationwide securitization audit company called Paladin Securitization Auditors. Paladin Securitization Auditors provided a document known as a securitization audit to the homeowner's foreclosure attorney. The document, submitted as legal evidence in his court case, outlines the chain of custody of the mortgage note and also investigates other critical elements of the mortgage and foreclosure process, each of which help to determine the legality of the attempted foreclosure.

Major discoveries from the securitization audit include:
"…No Evidence of any publically recorded Assignment of the subject Mortgage into this alleged securitization, this action would be Invalid as they have 'No Standing'"
"It should be noted that the primary document for review in an audit is the Promissory Note. We have examined a copy of a Note for this transaction; it did not contain any Sale/Assignment Endorsement to any subsequent party. As a result, we were not able to determine if the live 'wet-ink' Original Note has been properly executed by the Original Lender (NovaStar Mortgage, Inc.) and into the alleged Securitization 'The Bank of New York Mellon, as Successor Trustee under NovaStar Mortgage Funding Trust, Series 2005-2'.
"Without knowledge of whether the Note and Deed have or have not become bifurcated, we cannot confirm that the foreclosure in the case at hand, would or would not be legal under applicable law.'
"the Origination of this transaction is found to be flawed due to HUD-1 showing sale price $375,000.00 'plus' included Personal Property for $39,357.93, earnest money deposit shown as $39,654.45, a new loan in the Amount $372,922.00, with Cash from Borrower (his real down payment) of only $5,158.04. This deceptive issue should be highlighted in any Court action asserted by this Borrower against the Plaintiff in the ongoing Complaint case."

In layman's terms, the current servicer attempting to foreclose on the property could not effectively show that they own the mortgage note. In addition, the securitization audit illustrated a huge amount of ambiguity in the foreclosure process that created reasonable doubt to whether NovaStar had any legal claim to foreclosure on this property.

After reviewing the evidence provided by the foreclosure defense attorney, including the findings of the securitization audit, the judge for the case ruled to vacate judgment. This is a huge victory for the homeowner and for the nationwide fight against foreclosure. For now, and until NovaStar Mortgage can prove that they own the mortgage note, the homeowner can rest easy and continue to live in his home, without the burden of foreclosure or mortgage payments hanging over his head.

About Paladin Securitization Auditors
Paladin Securitization Auditors offers wholesale, trial-ready securitization audits to attorneys. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

A North Carolina homeowner recently found himself in the middle of a nationwide epidemic when GMAC Mortgage attempted to foreclose on his home. He used a little known tool called a securitization audit to have the case dismissed in court.

Raleigh, NC -- (SBWIRE) -- 08/01/2012 -- To many Americans who receive their Notice of Default after falling behind on their mortgage payments, their future as homeowners may seem bleak. A majority of families simply concede to the foreclosure process and move out, suffering tremendous financial losses and emotional distress. However, a little known tool called a securitization audit, turned one homeowner's foreclosure nightmare into a dream come true.

In North Carolina, Andrew Carlton was summoned to court for foreclosure proceedings on his $1.5 million refinance of his residence. Using a secret weapon called a "securitization audit", provided by Paladin Securitization Auditors, Carlton's attorney was able to use the audit to show that, "GMAC Mortgage acted in breach of Good Faith, caused undo duress, inflicted emotional distress, failed to negotiate fairly and acted with incompetence."

GMAC, the purported current Note holder, originally had the homeowners apply for a HAMP loan modification. This is a government funded program which provides assistance to homeowners seeking mortgage refinancing. However, eligibility for this program can be found on the website and limits the loan amount to $729,750. The representatives at GMAC should certainly know that a 1.5 million dollar loan would not qualify for a HAMP modification. The securitization audit stated:

"GMAC subjected the borrowers to unnecessary duress by having them apply for a program they could not be approved for. I have no idea how much time and grief this caused the Carlton's, but it was shear incompetence to tell the borrowers to jump through hoops submit paperwork for months to cure a 1.5 million dollar mortgage with a program that doesn't do 1.5 million dollar modifications."

More importantly, the securitization audit also illustrated that GMAC failed to show standing with respect to ownership of the debt, and may have attempted to deceive the homeowner by not disclosing the true owner of the debt. Paladin Securitization Auditor's audit provided evidence so significant that GMAC's foreclosure attorney voluntarily dismissed the foreclosure proceedings on April 20, 2012. Click here for the Notice of Voluntary Dismissal.

The company that provided the audit, Paladin Securitization Auditors, has a history of providing trial-ready audits, which is fairly uncommon in the industry. After some research, Paladin was found to be one of the only companies in the nation that can offer securitization audits that will actually hold up in a foreclosure defense case. The reason is that their auditors typically have over 20 years of experience in the banking industry handling securities. They also provide expert witness testimony which has never been challenged by the opposition. See video here: http://youtube/8i6xMPqcL1c

If only more foreclosure defense attorneys followed the road that Andrew Carlton's has paved, perhaps the mass amounts American families who are currently facing foreclosure would stand a fighting chance. Are securitization audits the solution to the foreclosure crisis? Perhaps they are, and perhaps not. Either way, Andrew Carlton is thanking his attorney and Paladin Securitization Auditors for lifting the foreclosure burden off of his shoulders.

Paladin Securitization Auditors offers wholesale, trial-ready securitization audits to attorneys. They also offer unchallenged expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Cheyenne, WY -- (SBWIRE) -- 07/17/2012 -- With no end in sight to the nation's foreclosure crisis and banks amping up their foreclosure efforts, many homeowners are wondering if they can do anything to stop foreclosure proceedings.

The answer is yes. Foreclosures can be successfully fought in court. One mortgage securitization audit firm stands far above the rest in providing securitization audits to successful defense teams - Paladin Securitization Auditors.

"We are one of the only securitization audit firms in the nation whose expert witness testimony has never been challenged by the opposition in court," a company spokesman said. "We are also one of the few securitization audit companies in the nation that successfully provide this service, simply because our auditors are actually experts in their field, backed by over 20 years of experience. They are not 'certified' by some fly-by-night company."

Challenging a foreclosure requires tremendous attention to detail. Paladin provides that. The company's mortgage loan securitization audit services are the most comprehensive available. Paladin can make this claim because the staff is among the mostly highly trained in the industry.

"As an example, one of Paladin's Auditors previously worked for Encore Credit Corporation. He was one of the five founders in the formation of a nationwide wholesale mortgage lender with responsibility for coordination of a highly skilled and experienced team of mortgage professionals including, but not limited to: Corporate Services, information systems, policies and procedures, programs, licensing, compliance, underwriting, funding, services, warehousing, audit and secondary marketing, including securitization and trust reporting," the spokesman said.

A number of foreclosure defense lawyers have used Paladin to stop foreclosures and successfully settle in and out of court with lenders.

"The Law Offices of Art Hoomiratana works closely with Paladin Securitization Auditors in many of our foreclosure defense cases. Paladin's securitization audits are prepared in such a way that our attorneys have successfully and consistently used them to win punitive damages, obtain principal reductions, and secure loan modifications for many of our clients," said Brett Patton, the spokesperson for the foreclosure defense firm.

For more information call (307) 222-8800 or visit http://www.securitizationauditservices.com

Also, here is link to a 60 second YouTube video about Paladin Securitization Auditors' services: http://www.youtube.com/watch? v=8i6xMPqcL1c

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

A Florida Circuit Court in Pinellas Country recently dismissed the foreclosure actions against local residents Aida and Howard Hayes thanks in part to evidence found in a securitization audit. Kelley Bosecker, Esq. is the attorney who took the case.

Cheyenne, WY -- (SBWIRE) -- 07/09/2012 -- Pinellas County residents Aida and Howard Hayes found themselves part of the nationwide foreclosure process when Deutsche Bank National Trust Company attempted to foreclosure on their home. The Hayes' hired Kelley Boseker, a local foreclosure defense attorney, who used a securitization audit by Paladin Securitization Auditors of Cheyenne, WY, to show the lender did not have the right to foreclose on their property. The securitization audit unraveled a web of forged signatures, robo-signing, and foreclosure process fraud that ultimately won the case for the Hayes'.

The securitization audit that was submitted as legal evidence found that the first mortgage of $134,400 was originally financed with First NLC Financial Service, LLC. However, the Hayes' mortgage coupons oddly directed them to make their payments to OCWEN Loan Servicing, LLC in Carol Stream, Illinois. Next, the securitization audit found that the signature on the loan from Thomas Czochanski, the Vice President and CFO of First NLC Financial Service, LLC resembled that of an employee from LSI, a well known robo-signing company. The auditor located the public records for Czochanski's personal mortgage and found that the signatures didn't remotely resemble each other. The securitization auditor concluded that: "the endorsement on the Note is not genuine, and that it was most likely fabricated by Lender Processing Services, who is routinely hired by Shapiro and Fishman to produce these documents. This Note would legally still be owned by First NLC Financial Services, LLC and is in the midst of a Chapter 11 Bankruptcy as case 9:08-Bk-10632."

Other major issues noted in the securitization audit were that the Assignment of Mortgage was provided but had an "Unofficial Copy" watermark on it and was never recorded. Additionally, Shapiro & Fishman, the legal firm foreclosing on the property for the lender, prepared the Assignment of Mortgage and sent it for signature to two employees of Lender Processing Systems, Inc. who claimed to be Vice Presidents of Mortgage Electronic Registration Systems, Inc. (MERS) who is the original Mortgagee designated on the Mortgage instrument. The authority of these two individuals to execute this document was challenged, as the company they work for is not any financial institution that has had a valid interest in this loan or any financial institution claiming interest in the loan and no documentation could be produced by MERS to this end. In other words, they had no right to sign the mortgage.

The judge for the foreclosure defense case has ruled in favor of Aida and Howard Hayes and supported the claim that the bank had no right to foreclose on their home. What's even more exciting is that the Hayes' no longer have make payments on their first mortgage since it was shown that the bank does not own their loan.

We'll chalk this one up as a victory not only for the attorney Kelley Boseker and the homeowners Aida and Howard Hayes, but for the American People who just witnessed that there is hope for this nationwide crisis.

For reference, the Case Docket Number is 522008CA013676XXCICI.

About Paladin Securitization Auditors
Paladin Securitization Auditors offers wholesale, trial-ready securitization audits to attorneys. They also offer expert witness testimony.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm