What is Forensic Mortgage Audit? - PowerPoint PPT Presentation

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What is Forensic Mortgage Audit?

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However, presenting a forensic mortgage audit to the creditors with evidence of loan violations will make them willingly cooperate with you. – PowerPoint PPT presentation

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Title: What is Forensic Mortgage Audit?


1
What is Forensic Mortgage Audit?
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  • By going in for forensic mortgage audit, you can
    get a thorough forensic loan audit done for your
    loan. Such auditing involves a scientific
    investigation of your loan that brings to fore
    any federal, state or local laws violations
    committed by your creditors while extending the
    loan to you.
  •  
  • Forensic mortgage audit is training in performing
    such comprehensive analysis of mortgage
    documents. Hence, they can pinpoint any
    violations associated with the mortgage. They are
    in the best position to know how to do a forensic
    mortgage audit.
  • So, you have decided to get the loan audit done?
    Be aware of some essential elements of an
    effective loan audit. These are

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  • The loan auditing should not be arbitrary but
    conducted forensically, that is, in a scientific
    manner.
  • The loan auditing should not be arbitrary but
    conducted forensically, that is, in a scientific
    manner.
  • Auditing should compare the reviewed mortgage
    documents to all the relevant and applicable
    mortgage case laws.
  • Loan auditing should be reduced to writing with
    an analysis of the problem.
  • In the absence of the above steps, the creditors
    can harass you by placing hurdles in your
    attempts to modify your loan. They may resort to
    delaying the process by not returning your calls,
    giving different information every time you call
    or using certain other means to stall the
    process.

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  • However, presenting a forensic mortgage audit to
    the creditors with evidence of loan violations
    will make them willingly cooperate with you. With
    the fear of litigation hovering over their heads,
    they will voluntarily work out a plan for your
    home loan.
  • Your first job is to spot a forensic mortgage
    audit while contacting such forensic loan audit
    companies. According to FTC, some pointers to
    spot a scam are

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  • Automatically get the foreclosure
    process stopped, which actually is a helpful tool
    in a loan modification, short sale or other
    options.
  • Discourage you from contacting your creditors,
    attorney or credit counselor, which is a must in
    a situation like this.
  • Encourage you to lease your home so that your
    homeowner can buy it back over time.
  • Insist that the mortgage payment should be made
    to their company, rather than to your creditors.
  • Compel you to sign papers without explaining the
    contents.

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Contact us-
  • Loan Analysis Solutions
  • Locations Naas, Kildare, Ireland
  • Email contact_at_loananalysissolutions.ie
  • Website www.loananalysissolutions.ie
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