Practice Areas

Attorneys

Firm Profile

News

Glossary

Regions of Practice:

New York

New Jersey

Pennsylvania

Nationwide

National Law Journal The Plaintiffs Hot List

Home

Our Practice Areas

Consumer Protection

Subprime Mortgages

Contact an attorney regarding Subprime Mortgages

Seeger Weiss LLP is investigating claims regarding the sale of subprime mortgages, particularly those with an adjustable rate feature for a class action lawsuit. These loans are deceptively structured to leave borrowers with no practical way of extricating themselves from loans once payments balloon. While foreclosure rates on home loans have risen significantly over the past year, subprime loans are thought to account for the majority of foreclosures.

A number of state attorneys general and federal regulators have initiated investigations against lenders who sold subprime mortgages based on allegations that such mortgage lenders used deceptive tactics in selling these loans. Such tactics include promising a low monthly interest rate, but delivering only low monthly payments based on introductory "teaser" rates. While the interest rate almost immediately and permanently increases, the payments remain set to the "teaser" rate for years and are insufficient to even cover all of the interest payments each month. As a result, borrowers may find themselves having far less equity than when they started ("negative amortization") and unable to refinance of otherwise extricate themselves from the loan without defaulting on the loan.

If you or someone you know purchased a subprime mortgage and you would like to learn more about this situation, please complete the questionnaire above.

Link To Lawyer Seek's Subprime Mortgages Content:
<a href='http://www.lawyerseek.com/Practice/Consumer-Protection-C21/Subprime-Mortgages-P154/'>Subprime Mortgages: Lawyer Seek</a>

Subprime Mortgages lawyer consultation at no cost

Advanced Search

In The News

» Accutane

» ACE Inhibitors

» AMO Complete Moisture Plus

» Asbestos Injuries

» Auction Rate Securities

» Avandia

» BMW Turanza Tires

» Boston Scientific/ Guidant

» BPA & Baby Bottles

» Chantix

» Comcast P2P Intervention

» Contaminated Foods

» Cough / Cold Medicine

» Credit Consolidation Failures

» Crest Oral Rinse

» Data Breaches

» Facebook Beacon Ads

» Fosamax

» Gadolinium Contrast Agents

» Gardasil Injuries

» Guidant Pacemakers

» Heparin Recall

» HP DV9000 Laptop

» HP Inkjet Printers

» iMac Screen Defect

» iPhone 3G Performance

» iPhone Cracking

» J. Hewitt Preseason Loans

» Kugel Mesh Patch

» Lawn Mower Horsepower

» LP Composite Deck Failures

» Macbook Air Overheating

» Macbook Cracks

» Mattel

» Miele Front Load Washers

» Mortgages & Fire Insurance

» Netgear WNR854T Router

» Nvida GPU Failure

» NYC Crane Collapses

» Ortho Evra

» Paxil

» Pex Plumbing Failure

» ProMeris Side Effects

» Protopic

» Qwest Internet ETF's

» ReNu with MoistureLoc

» Reverse Mortgages

» Serevent

» Shelhigh Devices

» SPORE's SecuROM DRM

» Stables at Millennium

» Subprime Mortgages

» T-Mobile Roaming Charges

» Technical Support Wages

» Vehicle Repossesion Fraud

» Vioxx

» Wasted Inkjet Printer Ink

» Whirlpool Duet Mold

» Yamaha Roadstar Stalling

» Zimmer Hip Implant Recall

» Zurn Q-Pex Fittings

» Zyprexa

Pharmaceutical Injury

» Abilify

» Accutane

» ACE Inhibitors

» Actos

» Adderall

» Advair

» Ambien

» AMO Complete Moisture Plus

» Aredia

» Avandia

» Baycol

» Bextra

» Celebrex

» Chantix

» Crestor

» Cymbalta

» Duragesic

» Elidel

» Ephedra

» Fen-phen

» Fosamax

» Gadolinium Contrast Agents

» Gardasil Injuries

» Geodon

» Heparin Recall

» Ketek

» Levaquin

» Lotronex

» Meridia

» Mifeprex

» Mobic

» Neurontin

» Ortho Evra

» Pargluva

» Paxil

» Permax

» Propulsid

» Protopic

» Prozac

» Raptiva

» Razadyne

» Remicade

» Reminyl

» ReNu with MoistureLoc

» Rezulin

» Risperdal

» Ritalin

» Serevent

» Seroquel

» Serzone

» Shelhigh Devices

» Soriatane

» Strattera

» Tequin

» Trasylol

» Trileptal

» Viagra

» Vioxx

» Wellbutrin

» Zelnorm

» Zimmer Hip Implant Recall

» Zoloft

» Zometa

» Zyprexa

Product Liability

» Airbag Injuries

» AMO Complete Moisture Plus

» Asbestosis

» Boston Scientific/ Guidant

» BPA & Baby Bottles

» Coleman Heaters

» Food Poisoning

» Guidant Pacemakers

» iPhone 3G Performance

» iPhone Cracking

» Kugel Mesh Patch

» LP Composite Deck Failures

» Mattel

» Medtronic Defibrillators

» Miele Front Load Washers

» Nvida GPU Failure

» Pex Plumbing Failure

» ProMeris Side Effects

» ReNu with MoistureLoc

» Report a Defective Product

» Shelhigh Devices

» Silicosis

» SUV Rollovers

» Teflon

Toxic Substances

» Asbestos

» Benzene

» BPA & Baby Bottles

» Chemical Spills

» Lead Poisoning

» Silicosis

» Teflon

Accidents and Injuries

» Brooklyn Car Accidents

» Coleman Heaters

» Construction Accidents

» Manhattan Car Accidents

» Motorcycle Accidents

» New York Car Accidents

» NYC Crane Collapses

» Queens Car Accidents

» Scaffolding Accidents

» Slip and Fall Accidents

» Stables at Millennium

» SUV Rollovers

» Traumatic Brain Injuries

» Truck Accidents

» Utilities Worker Injured

Medical Injury

» ADHD Drugs

» Akathisia

» Asbestos Injuries

» Asbestosis

» Boston Scientific/ Guidant

» Cerebral Palsy

» Chantix

» Diabetes

» Erb's Palsy

» Fusarium Keratitis

» Gadolinium Contrast Agents

» Gastric Bypass Surgery

» Inflammatory Bowel Disease

» Medical Malpractice

» Medtronic Defibrillators

» Mesothelioma

» Nursing Home Abuse

» Osteonecrosis of the jaw

» Pancreatitis

» ReNu with MoistureLoc

» Rhabdomyolysis

» Shelhigh Devices

» Silicosis

» Spousal Mesothelioma

» Stevens Johnson Syndrome

» Stryker Co. Recall

» Tardive Dyskinesia

» Toxic Epidermal Necrolysis

» Zimmer Hip Implant Recall

Consumer Protection

» BMW Turanza Tires

» BPA & Baby Bottles

» Cell Phone ETFs

» Cell Phone Locking

» Chase Home Finance

» Cingular Overcharge

» Coleman Heaters

» Comcast P2P Intervention

» Cough / Cold Medicine

» Credit Consolidation Failures

» Crest Oral Rinse

» Damage Waivers

» Data Breaches

» Deferred Annuities

» Dell XPS 700

» Diet Pills

» Facebook Beacon Ads

» Franchise Fraud

» H&R Block Fraud

» Home Depot Damage Waiver

» HP DV9000 Laptop

» HP Inkjet Printers

» iMac Screen Defect

» iPhone 3G Performance

» iPhone Cracking

» J. Hewitt Preseason Loans

» Laptop Batteries

» Lawn Mower Horsepower

» LP Composite Deck Failures

» Macbook Air Overheating

» Macbook Cracks

» Mattel

» Miele Front Load Washers

» Mortgage Insurance

» Mortgages & Fire Insurance

» Netgear WNR854T Router

» Nvida GPU Failure

» Pex Plumbing Failure

» ProMeris Side Effects

» Qui Tam-Whistleblower

» Qwest Internet ETF's

» Report a Defective Product

» Restocking Fee

» Reverse Mortgages

» ServiceMaster

» SPORE's SecuROM DRM

» Subprime Mortgages

» SUV Rollovers

» T-Mobile Roaming Charges

» Title Insurance

» Vehicle Repossesion Fraud

» Wasted Inkjet Printer Ink

» Whirlpool Duet Mold

» Yamaha Roadstar Stalling

» Zurn Q-Pex Fittings

En Español

» Accidentes de Motocicletas

» Accidentes en Nueva York

» Accutane

» Asbesto

» Fosamax

» Intoxicación por Plomo

» Mesotelioma

» Ortho Evra

» Paxil

» ReNu con MoistureLoc

» Vioxx

» Volcadura por SUVs

Resources

» NY Car Accident Guide

Other Resources

» Fosamax

» Advair

» Ortho Evra

» Accutane

» Asbestos

© 2008 Seeger Weiss LLP. All rights reserved. Statement of Clients' Rights: Please note that you are not considered our client unless you have signed a retainer agreement and your case has been accepted.Prior results do not guarantee or predict a similar outcome with respect to any future matter.1 William Street, New York, NY, 10004. Attorney Advertising.