12 Jan 2010, Comments (1)

truth in Lending Auditors

Author: Richard Simpson

truth in Lending Auditors

We are VERY DIFFERENT than other firms offering to help you on your home loan.

We don’t go to the mortgage company with “hat in hand” asking to PLEASE modify your loan or short sell your home.

The banks are so overloaded with problem loans that this approach is just a lot more work for them and they are already overburdened.

They would prefer to just get rid of you. If you have tried calling your bank to work on a loan modification then you already know this painfully well.

Because we have been in this industry for so many years we have developed a crack team of Forensic Loan Auditors. Our team is so good that many attorneys come to us for their forensic needs.

The first step we do for you is to perform an in-depth Forensic Audit of your Loan. To date, every loan we have
investigated has contained violations or federal laws that have been broken by the banks.

Then you or your attorney or (TILA at no cost to you) go to your mortgage company and inform them of the laws they have broken. Depending on what laws they have broken, the lender can end up paying you all the moneys you have ever paid them ( this only happens in a few very bad cases) or the bank will typically agree to new attractive loan terms.

With us you don’t go with your hat in hand. You have a Powerful Document Audit which really forces their attention.
They become highly motivated to work with your loan or they open themselves up to law suits and or Federal and State government agency investigations.

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Comments (1) »

  • Brian Head says:

    Be careful who you use to get an audit completed by. I recently audited a loan that had already been through an audit and that auditor only a few minor violations that didn’t help the homeowner. In my audit of the same loan, I uncovered 20 violations and 6 were just from the TILA.

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