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Follow on Google News | Florida Asset Protection Group specializes in Protecting South Florida HomeownersFlorida Asset Protection Group offers pre-foreclosure and foreclosure services designed to protect the rights of homeowners in Florida.
Florida Asset Protection Group feels it is a duty of the firm to educate the public on these types of tactics and how they can damage the lives and credit of homeowners. Through the Mortgage Electronic Registration System (MERS) is a way that clients of FAPG can protect themselves. The MERS Corporation, a privately held company, was actually created by banking institutions as a method to save money for lenders in fees that the county charges and in recording fees and make records available to anyone. Counties have reported massive losses due to this system, because of the lost documentation fees, and for this reason there is pending legal action. Because of this system there have been many unfair and deceptive acts and practices. Florida Asset Protection Group notes that MERS has created a conflict between the servicers and the beneficiary, and reporting the identity of both parties which is when the scams begin. This is of course a disadvantage to the borrowers but an advantage to the lending party. This has also resulted in fraudulently created and/or forged documents which have affected thousands of people. http://floridaassetprotectiongroup.org/ Florida Asset Protection Group has a mission and what it feels is a duty to its community to educate the public on these types of practices so they can become better informed. If homeowners feel MERS or a financial institution has taken advantage of them, they should seek out the assistance of Florida Asset Protection Group in Boca Raton, Florida. For more information, visit http://floridaassetprotectiongroup.com/ End
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