One of our trained forensic audit specialists is standing by to answer all of your questions for free!
Court Invalidates Foreclosures
Why Do I Need A Forensic Audit? In 2006 the FDIC Office of Inspector General Report found 83% of the institutions examined
were cited for significant compliance violation. You may be entitled to relief and damages, such as an interest
adjustment to a lower rate and principal mortgage reduction and in some cases your mortgage contract
may be rescinded. Most important a loan must be legal to remain enforceable!
So I Do A Forensic Audit... Then What?
That depends on your situation. If your forensic loan audit
shows violations you will then send a documented audit of your loan documents and
a complaint letter showing the potential legal and non-compliance errors that might entitling you to a return of illegal fees and interest, and principal rate reduction, interest rate reduction and/or loan term extension as needed and other remedies.
A complaint letter is sent to the legal department, not the loss mitigation department pointing out
violations and/or fraud found in the loan documents.
We can direct you to how to do this yourself or refer you to an attorney. Armed with your audit indicating the violations, a
settlement agreement may be made using the audit to support your claim.
How Can A Forensic Audit Help You?
If your loan was fraudulent, your mortgage company may not legally be able to foreclose on your home, leaving them with little choice but to help you. Forensic audits are very useful even if you have already lost your home to foreclosure. On January 7th, 2011 the Massachusetts Supreme Court ruled 6-0 to invalidated foreclosures with fraudulent loan documents! In an apparent response the FDIC announced on January 19th to set up a compensation fund for homeowners whose homes were foreclosed on with fraudulent loan documents.
Free INSTANT Mortgage Audit
Getting started is easy. The first step is to determine the likelihood of your loan being fraudulent. If your loan has initial indications of fraud we offer a 100% money back guarantee. To find out just fill out the form below for a free instant morgage audit.
Was Your Original Loan an...
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FDIC Compensation Fund
What is a Forensic Loan Audit?
Simply put, a forensic loan audit, appraisal or review is an analysis of your mortgage loan file to determine your original lenderâ€™s compliance with state and federal mortgage lending laws. These include, but are not limited to, regulatory requirements related to interest rates, permissible fees, truth in lending, predatory lending, and permissible loan to value.