Why MAA?

Because…

Your Home is Your Greatest Investment: Your home is likely your greatest investment and its financing deserves careful attention. An ounce of prevention is worth more than a pound of cure, especially when it comes to such a large purchase.
Your Home Loan is the Largest Loan You’ll Sign: The average home loan is approximately $200,000. Isn’t it worth spending less than one fifth of one percent (.02%) of that amount to make sure you understand it?
Home Loan Documents Are Voluminous: Your home loan is commonly comprised of hundreds of pages and multiple documents, all of which are important. Trying to locate the most pertinent terms in your home loan can be like looking for a needle in a hay stack.

Foreclosures and Defaults: The Wall Street Journal has estimated nationwide foreclosure rates to be approximately 70% higher on average in 2007 than they were in the prior year. According to the Washington Post, 2007 yielded the highest home foreclosure rates in almost 30 years. The primary cause: borrowers being sold on a home loan that they did not fully understand at the time they signed onto it.
Lawsuits: alleging fraud, misrepresentation, and negligence against mortgage brokers, lenders, and salespersons are now being filed in record numbers. This happens for three main reasons: (1) borrowers do not receive all of the pertinent information about their home loans before signing them; (2) borrowers receive misinformation about their home loan; and (3) borrowers simply do not understand the pertinent terms of their home loans before signing them.

Anyone who has ever asked any of the following:
"How do I understand my loan / mortgage documents when there's so many pages?"
"Can you help me understand my loan / mortgage?"
"I need an expert to analyze my loan / mortgage documents."
"How can I get an honest and objective, 3rd party review of my loan or mortgage?"
"What does it mean when it says this in my loan?
"Can an expert real estate attorney or lawyer review my loan?"
"Can an expert real estate attorney or lawyer interpret / explain what my loan says?"
"How can I protect myself from taking on a bad loan?
"What does my loan really say and mean?"
"How to understand the fine print of my loan document - What does it really say / mean?
"How can I prevent being taken by an unethical mortgage broker / lender?
"How do I understand when the rate of my loan will adjust?

Just Two Examples of Many (Video): Here are a couple examples of consumers who didn't receive what they expected or were promised by their lender. These are only two examples of many. For more examples of common scenarios, please visit our blog. If you do not have Flash enabled, you may try one of these alternate formats: QuickTime Video (1MB) (Get QuickTime). YouTube Video. The second video is a small portion of a special on the sub-prime lending crisis, "House of Cards", that aired on 60 Minutes recently. You may view it in QuickTime (9MB) or view it in it's entirety here.
MAA Blog: Find out more at the MAA Blog.