A foreclosure lawyer is a rare find; up until recently, foreclosures typically went through without the consumer standing up for his or her rights.  But foreclosure defense has become a more crowded field due to the current tidal wave of foreclosures.

So how do you choose a foreclosure lawyer?  Very carefully.

A good foreclosure lawyer will have knowledge not only of the Truth-In-Lending Act, Real Estate Settlement Procedures Act, and state law, but will also be an active member of the foreclosure defense bar.  The most active of these groups is the National Association of Consumer Advocates, a national group of lawyers working to increase the quality of consumer protection.

With this constantly evolving field, it’s easy to be left in the dust and miss out on new developments in the law.  Just a few years ago nobody had thought of the issue of standing in foreclosure defense cases, but now the best-educated lawers out there know full well why this is important and how to use it to a consumer’s advantage.

So, too, with the issue of securitization.  Though a common means of packaging and selling mortgage loans for a deade or more, this convoluted scheme has come to the forefront only recently.  Lawyers who have studied securitization and understand it completely will be best equipped to defend a foreclosure case.

Remember, this is your home - don’t take a shortcut when hiring a foreclosure lawyer to protect your interests.