At an alarming rate of 10,000 foreclosurs a day, loan modifications are in an ever increasing need. Especially forensic loan audits. Forensic Loan Auditing is a complex and detailed process which
involves going through existing clients loan and looking for specific violations which the lender has
initiated. This is a very detailed oriented task and can be very effective in acheiving a successful loan modification. Forensic Loan Auditing requires you incover violations which relate to federal and state laws in regards to the borrower loans. It also covers other violations sich as respa, tila,
apr reporting errors, appraissal issues and more. Some examples of violations are as follows.
Arm Disclosures
Apr within limits
Interest rate accuracy
State & Federal regulations
The forensic loan audit toolkit is currently offered with the loan modification software package.
The forensic loan audit toolkit allows you to quickly learn about forensic loan auditing and start
one right away with the comprehensive toolkit. Once you go through each question you can
uncover violations within your borrowers loan and send the report to the lender to help you
acheive a loan modification. The toolkit is a great way to quickly do a basic forensic loan audit on your own and help your clients loan modify.
