Mortgage loans have gotten a lot of press lately. With millions of homes being lost due to home foreclosures, it is the mortgage loans that are at the heart of the crisis. This article takes a look at mortgage loans, foreclosed homes, and how the banks have corrupted the system, leading to this national crisis.

In the old days, a home loan, or even a credit loan, was fairly simple to understand. You borrowed a certain amount of money, you got a certain interest rate, paid a certain amount each month for a certain length of time, and that was it. Simple, and easy to understand. Then deregulation came around and the banks went wild! Home loans were being handed out like candy, approved on the spot, at times. Loan documents were prepared haphazardly, often in violation of the law. Loans were bundled up and sold off to investors around the globe, with no one really knowing what specific loan that were buying or selling. It was a mess. And when it blew up in their faces, it blew up big!

The banks, of course, have done everything in their power to make it look as if the homeowner is at fault here. They have refused to accept any responsibility for their part in creating this national disgrace, and they have foreclosed homes by the millions, with many more in the works.

The average homeowner may feel small and helpless when pitted against the big banks but there is good news. Homeowners have rights, and while the banks do not what you to know your rights, a new program called, The Step by Step Procedure to Save Your Home from Foreclosure, does!

The old adage that ""information is power"" has never been more true than it is right now. Homeowners who are at risk of losing their homes need to know what their rights are, what options they have, and how to put those rights and options into action. This is not the time to sit back and worry about what will happen to you and your family; the stakes are too high for inaction. Homeowners have to act, and need to act fast. Homeowners need to know what the banks do not want them to know in order to get the results that they want and desperately need. Mortgage loans can be complicated, to be sure, but The Step by Step Procedure to Save Your Home from Foreclosure at www.bankmortgagesecrets.com breaks it all down for in easy-to-understand language and gives detailed information and instructions on what to do and how to do it.

Homeowners can fight home foreclosure and bankruptcy but have to take action. If you think the banks are going to provide you with the information that you need in order to save your home, you are mistaken. With millions of foreclosed homes sitting empty and idle, with millions of families displaced and homeless, you decide if the banks really care about you and your family. Get yourself educated as quickly as possible, and you can begin to fight back!