The number of foreclosed homes in America has reached all-time highs, and more are on the way. Everyday, hundreds, if not thousands, of hard-working Americans are losing their homes and being forced out onto the street. The sad truth is by the time you finish reading this article, another family will have lost its most valuable asset—their home.

For many families, mortgage rates have skyrocketed over the last couple of years, and this is a major cause for so many home foreclosures and bankruptcy filings. These sudden and dramatic increases in mortgage rates are often surprising to the homeowner who took out one of the more exotic mortgage loans, often referred to as sub-prime home loans. It is not uncommon for monthly home loan payments to double or even triple once the new adjusted rate goes into effect. For those living month to month, these increased payments make it impossible for them to survive and keep the home in the process.

If you are one of those facing this type of financial problem, you owe it to yourself to look into a new program that can show you how to begin the process of a home loan modification plan www.bankmortgagesecrets.com. Generally speaking, the banks have no incentive to lower mortgage rates on their own. You have to take the first step. This new program, The Step by Step Procedure to Save Your Home from Foreclosure, details exactly what you need to do in order to begin the mortgage modification process. Millions of foreclosed homes might have been saved had they had access to this information.

But this same program goes even further and explains all of the options that a homeowner has when he or she is faced with a foreclosure. Homes do not necessarily have to be lost anymore when homeowners take action and insist that their legal rights be respected. This program tells you what your rights are under the law and shows you how to protect and use those rights.

For example, did you know that you have the right to have all loan documents presented to you? This is called ""showing the note"" and you might be surprised at how few banks can actually produce the full accounting of your loan. Judges across the country are siding with homeowners on this one and forestalling foreclosed homes by the thousands as banks scramble to find these documents. Until these documents are collected and presented, no action can be taken against the homeowner!

At www.bankmortgagesecrets.com you will see many powerful videos and discover your hidden strength as a homeowner.

Neighborhoods are filling up with foreclosed homes and it does not have to be that way. You can take action today by reading and implementing The Step by Step Procedure to Save Your Home from Foreclosure. Finally, homeowners have a way to fight back and win!