New York City 5/17/2011 3:54:09 AM
News / Law

Foreclosure fraud expert gets sued by Deutsche Bank

By: Daun Lee

Lynn Syzmoniak is an expert at foreclosure fraud who has been locked in a foreclosure battle for two years with Deutsche Bank. She initially sued because her interest rate was increased by a staggering $1,000 a month. She refused to pay because her original agreement only allowed interest rate increases on certain dates and the bank initially missed her rate increase deadline.

When she began the process of contesting her foreclosure, she uncovered that thousands of foreclosure documents that were forged, and the much of the paperwork was fraudulent. The banks utilized businesses that specialized in pushing documents rapidly through the foreclosure process. Her initial foreclosure case was thrown out because Deutsche Bank could not provide documentation to prove who actually owned her mortgage loan.

On May 6th, Deutsche Bank refilled their foreclosure case naming Syzmoniak’s son as the defendant.  Her son Mark Cullen is attending graduate school in New York and hasn’t lived at her residence for several years and is not tied to her mortgage. According to the Huffington Post, Syzmoniak feels as though they have filed the suit as retaliation for exposing their fraudulent practices. A foreclosure lawyer can protect a person from the unscrupulous practices of major mortgage lenders.

The fraudulent practices of major banks has sent thousands of people into a position where the need the representation of a foreclosure attorney. The prospect of losing your home is daunting enough without being wrongfully foreclosed; hiring a foreclosure lawyer may make it possible to contest the actions of mortgage lenders.