Pamela D. Simmons
Lawyer
Pamela Simmons is highly qualified in all phases of residential real estate. Her practice focuses on all matters relating to the home loan or mortgage.
In the mortgage lending law arena, Ms. Simmons has upheld the rights of borrowers who have been harmed by illegal lending and collection practices, sometimes known as predatory lending .
These matters include violations of state and federal lending laws, foreclosure issues, loan modifications, short sales and loan servicing problems such as foreplaced insurance and loan escrow issues. She is one of a handful of attorneys who has represented clients in mortgage matters for well over 17 years.
Since the “mortgage meltdown” millions of homeowners have suffered severe financial reverses and yet lack the information necessary to determine the best way to proceed. Most are looking for answers to questions such as:
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- What do I do now that I can’t pay my mortgage?
- How will my credit be affected?
- Should I save my house? Is there a way to save my house?
- What is a loan modification and how do I get one?
- Are there any rules to make the lender give me a loan modification?
- What happens if the bank forecloses? Will they come after me for money?
- What is a short sale and what happens if I do one?
- What is a deed-in-lieu of foreclosure and what are the implications of doing one?
- If I transfer my home either by foreclosure, short sale or deed- in-lieu will I be liable for taxes? How can they be avoided or reduced?
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