Forensic Loan Audit

Many loans funded during the "boom" years of 2002-2006 contain significant State and Federal violations resulting from carelessness, greed or just innocent oversight by the lender and/or broker. Regardless as to why these violations were performed by the lender, these violations carry EXTREMELY stiff financial penalties for the lender, and can result in serious legal consequences to the lender, such as forcing the lender to refund all interest paid to date back to the borrower, reducing principal balances and foregoing monthly mortgage payments. For example, let's say that over the last 2 years, you paid $25,000 in interest on your loan that contained Federal or State Violations. The lender could be required to pay you back $25,000!

Loans with illegal terms or conditions are not enforceable by the lenders. Foreclosures resulting from illegal loans are also not enforceable. The foreclosure process is stopped when litigation on a questionable loan begins. Mortgage payments are NOT required during the foreclosure or litigation process, although depositing the mortgage payment into a separate bank account is often recommended.

The Only Way To Know If Your Loan Contains VIOLATIONS is With a Forensic Mortgage Loan Audit.

A Forensic Mortgage Loan Audit is performed by an our attorney and a team of legal experts. The audit is basically an extensive and thorough examination of your loan documents that you signed when you first got your mortgage loan. These legal experts examine your loan documents for violations of State and Federal laws. Once your audit is complete, we present to you a written report, outlining all the violations, if any.

Understand this fact, before you can effectively get your lender to modify your loan, YOU MUST KNOW WHAT VIOLATIONS WHERE PERFORMED BY THE LENDER.

This is the key to obtaining a favorable outcome during the Loan Modification process. The factual and legal leverage you will get from a Forensic Mortgage Loan Audit will give you the best chance to get your loan modified.

To a large extent, these violations are the LEVERAGE used to argue your case against your lender. Generally, the more violations, and the higher their severity, the better chance you have of obtaining a loan modification.

After performing a thorough assessment of your personal finances and analyzing the original paperwork, legal documentation and disclosures associated with the loan, the Forensic Loan Audit will document what laws were broken by the lender and/or broker during the loan process. The Forensic Loan Audit will determine if the loan is even legal.

So, if you are in foreclosure, the best way to stop your foreclosure is to get a loan audit, then get your loan modified.

If your loan has adjusted, or about to adjust, your best way to modify your loan is to be armed with a loan audit.

If you simply cannot afford your payments, your best way to modify your loan is to be armed with a forensic mortgage loan audit.