Forensic Loan Audits
The forensic loan document audit process is designed to discover if a lender violated the Truth in Lending Act or made any errors while preparing their closing documents and neglected to adequately disclose the terms of a loan.
Forensic Audit Successful Case:
*Click on the "Forensic Audit Case 1" to view sample.
Some of the areas covered are:
Truth-In-Lending Violations RESPA Violations Misrepresentation Predatory Lending HOEPA (Home Ownership and Equity Protection Act) Breach of ContractThis tool increases leverage in negotiations with the lender and provides additional incentive for more advantageous loan modifications to benefit our clients.
The number one goal of the forensic loan audit is to determine whether there were violations of Federal law. If these violations are found the borrower may be able to obtain complete relief from the predatory loan or a favorable loan modification.When our firm represents you we will send a Qualified Written Request to your Lender on your behalf as Counsel, to which they have 20 days to respond. When the documents are received, our auditing staff reviews it all and looks for any breaches to be used in your defense.
