850 Audit Systems: Forensic Loan Audit Services

stacks_image_682F555C-57B0-42D5-A428-BF672BA4060F
The #1 goal of the mortgage audit is to determine whether there were violations of federal law. If these violations are found, then the borrower may be eligible for complete relief of the predatory loan or a very favorable loan modification. Complete relief of the predatory mortgage is called as a loan rescission. Meaning the lender takes back the “predatory loan” and awards or credits back to the borrower all interest made on payments thus far, loan origination fees, all applicable lenders fees, penalties and attorney’s fees.

The Forensic Loan Doc Audit is a significant part of a loan modification request submitted on behalf of a homeowner. The Audit reveals TILA (Truth in Lending Act), RESPA (Real Estate Settlement Procedures Act), Predatory Lending, and Real Estate/Mortgage Fraud violations. In some cases, if the homeowner is simply overcharged by only $35.00 on the final HUD-1, or if the annual percentage rate(APR) is only .125% higher than what was originally disclosed; there may be a violation of the Truth in Lending Act. This creates leverage when negotiating with the lender and more than enough incentive for the lenders to grant a beneficial loan modification.

This service is a very specialized and imperative in identifying if a borrower is a victim of predatory lending. Our team of specially trained experts review all loan documents and perform a thorough investigation for miscalculations and to determine if the loan terms are accurate, truthful, and met the requirements of the applicable federal statutes.
Forensic Services
Price
Buy Now
Forensic Audit (TILA,HOPEA)
595.00 ($100 off)=$495.00
Forensic Backend Processing - (Registered Specialists)
199.00