Mortgage Audit, Audit your Loan Modification
December 2nd, 2009Mortgage Audits is a process in which a professional reviews your loan documents and looks for specific violations relating to lending laws such as Tila, and Respa. The review looks for specific violations to these laws and how they apply to your loan. For example, a simple violation can be that your apr is calculated incorrectly or that your loan was not dated properly in the proper portions of the document. There are many different violations a professional can spot when it comes to forensic , mortgage auditing. Mortgage Audit is good to uncover violations to your loan in reference to federal laws in order for the homeowner to have legal recourse against the lender/bank.
This may even help save the homeowners home or get the loan forgiven as was the case with the couple in N.Y. The judge hearing the case forgave the loan after hearing the case and the mistreatment of the lender/bank to the couple when they were trying to get their loan modified. In this real estate market we are in, anything is possible. In order for you to do a mortgage audit you will need a good software to audit the loans and quote the laws for you. The website below offers a mortgage audit software which audits mortgage loans and exports a report up to 52 pages of violations found on the loan. They also offer an entire set of free bonuses. For more information about Mortgage Audit visit http://www.forensicloansoftware.com
