In every class action lawsuit, it takes years to unfold, and the lawyers make the brunt of the money. Get on board if you want. Good luck.
However, if you feel your home loan was imposed upon you with terms and conditions you did not fully understand, by a predatory lender, and you have defaulted on the payments, and are facing foreclosure, or worse yet, have already been foreclosed, there is still possibly some hope to save your home if you want to. There are never any guarantees. You would have to discuss all details with the lawyer of your choosing.
There are many different strategies on the market right now to 'Quiet Title' to your foreclosed home.
Some require that you deed your home to a 3rd private party, and they acquire the note and sell it back to you at today's market price with them as the lender, etc. etc. etc.. Would you sign over the deed to your home to some company claiming to...well, you get the point.
Wouldn't you ask that company to supply you with at least ONE happy customer's phone # so that you can talk to them yourself for proof of a job well done BEFORE you deed your home to an unknown entity or a complete stranger?
Our referred specialists' strategy is to Quiet Title utilizing the facts of your situation, without asking you to sign over your home to anyone. Different motions and actions can be used at the court to bring to light the injustices that were foisted upon you.
Many different variables surround the pertinent facts of every different situation. You would discuss your situation with the attorney, or the entity of your own choosing for a completely understandable explanation before you decide what is best for you.
BEWARE of any companies promising you an amount of time that you will get to stay, whether it is 30 days or 4 months. Though, predicting the future would be a wonderful asset to have, it is not valid in the eviction business. No one can legally use the word "guarantee" ever, and no one can legally tell you how much time you will get to stay.
You want to settle things to move out with cash, or you want to settle things to stay and resume renting, after all problems are fixed. We know what you want.
There are NO guarantees, and no guarantees are ever made to anyone by any consultants.
What is said between you and your referred attorney or specialist is between you and them.