Why Do You Need a Forensic Mortgage Audit?
You purchased your home and you needed a mortgage to do so. You provided the down payment, your FICO score, credit check, etc. and the bank provided the rest of the purchase price of the home of your dreams in the form of a mortgage. Mortgage is French and means “death pledge”. Mort meaning death and gage meaning pledge or agreement. Makes you wonder right then and there. You sign your death pledge aka mortgage and agree to pay back the loan for the next 30 years. Easy you think. Simple you say.
Now the interesting part unfolds. Your bank is not satisfied with having you on the hook and in hock for the next 30 years while being fully secured with your home as collateral. Now they are going to securitize your mortgage note.
That is why you need to have your mortgage checked for any wrongdoings by the lender.
Since 2000 many homeowners, just like you, were lured by promises of low interest rates, an easy application process and low down payments. Many times documentation could be “stated”, meaning the lender took your word regarding your income. Remember those times?
In turn the mortgage you signed for was turned into a security and sold on Wall Street against many banking regulations and in many cases in direct violation of existing lending laws and statutes.
Now here is your chance to turn the tables, reclaim your home and get back your peace of mind. In order to do that you need proof that stands up in court and the only way to get there is by having your mortgage checked by professionals for any possible flaws and wrongdoing by the lender.
Your mortgage audit will check for:
- TILA – Truth in Lending Act (a Federal Law)
- RESPA – Real Estate Settlement Procedures Act
- State laws
- Local laws
- Regulatory Consumer Protection laws
Get the Facts and Take Control by Auditing your Mortgage!
Effectively Fight Your Foreclosure!!!
Done right, and executed and presented properly, a mortgage audit will often force your lender to offer generous terms of loan amount reduction, change of interest rates or even forgiveness of the loan altogether. Lenders will do this in order to avoid litigation. That should make you wonder why? Why is the lender willing to do all that based on an audit of your mortgage? Because with the proper data in hand the lender knows there is a very good chance they will be proven to be in the wrong. Because the lender knows that the right mortgage audit will indeed expose any and all wrongdoings. Because the lender knows it is in his best interest to settle with you, the homeowner, fairly.
Obtaining a forensic mortgage audit is your first step in establishing your legal rights and to find out whether you have the right to sue for damages or whether you may have your mortgage rescinded, meaning annulled.
Without a forensic mortgage audit there is no possible way in ascertaining any flaws, errors, in your mortgage documents or any wrongdoing by the lender.
Reclaim your rights and fight foreclosure.
Disclaimer: The information contained in this website is general information only and is not intended to serve as legal advice in any which way or be a legal substitute for legal advice. For specific legal questions please contact a qualified attorney licensed in your home state to assist you. There are no warranties or representations made that the information contained herein is accurate, complete or up to date. There are no guarantees a loan audit will reveal any legal errors and/or compliance violations. Each loan including but not limited to property, borrower, investor and servicer is different.
The content on this website is updated regularly and we take great pains to be as accurate and up-to-date as possible, however, due to the ever evolving subject matter covered on this website content may contain errors and or omissions and is therefore subject to change at any time without prior notice.
now in your cart 