Mesa Law Group Withdraws Lien Elimination Program
Principal Reduction Program and Relationship with Investors Finance Inc. (IFI) Discontinued
COSTA MESA, Calif., Sept. 9 /PRNewswire/ -- Mesa Law Group, an innovative California-based law firm with specialty financial services, reports its recent Home Owner Mortgage Restructuring (HOMR) program has been discontinued. Created to offer clients a principal reduction option, the program provided through Investors Finance Inc. has been insufficient in the face of market conditions and legal responsibilities.
The product offered as an innovative lien elimination solution from Investors Finance Inc. (IFI) was not able to overcome the complexity that many Principal Reduction programs face. The length of term, resistance from lenders, and IFI's finance structuring could not stand up against Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) requirements. Recognizing the problems with the program from IFI, Mesa Law Group has contacted all their clients who signed such programs and are finding alternative solutions. Mesa Law Group provides comprehensive analysis and representation, building solutions for individual clients that are backed with experience in each area of its practice including bankruptcy, real estate, and mortgage servicing.
"Mesa Law Group has been a leader driven to create comprehensive, competitive, and innovative financial legal solutions," said Tazwell Randall, VP of Client Relations at Mesa Law Group, "however in our drive to be innovative we've found issues with a product, addressed it, discontinued the relationship with IFI, and are making it right by our customers."
About Mesa Law Group
Mesa Law Group is a legal corporation providing specialty financial services. Mesa helps borrowers navigate bankruptcy, homeowners avoid foreclosure, and protects those in need of legal representation. An innovator in the industry, the company has developed unique tools that empower clients. Providing detailed financial analysis backed by legal counsel, Mesa Law Group applies traditional and more contemporary options such as Bankruptcy Protection, Debt Restructuring, and Lien Elimination to find the best solution for each client.
For more information visit our website: www.mesalawgroup.com
SOURCE Mesa Law Group
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