Rateswire.com is a group of experienced mortgage professionals with a decade or more each in the mortgage industry. We specialize in providing mortgage litigation support and mortgage forensic audits for the purpose of supporting lawsuits.
As our national foreclosure crisis continues, more and more borrowers, lenders, and investors are turning to mortgage forensic audits to sue for recovered losses. Fannie Mae, the nation’s largest mortgage investor, recently announced that they would begin to sue borrowers who they feel are defaulting on purpose.
Lenders and investors like Fannie Mae often choose to obtain judgments against borrowers in default who lack funds to defend themselves and collect on those judgments later.
Fighting fire with fire is often the best strategy. Borrowers who have been lied to and damaged by predatory lenders are being sued by those same lenders for giving up on their mortgages. This is not our vision of responsible lending practices.
We look for a variety of violations including violations of the Real Estate Settlement Procedures Act (RESPA), Truth-in-Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Home Mortgage Disclosure Act (HMDA), Consumer Protection Acts, and other State and Federal regulations. We also look at how and why the particular loan was put together, violations in Uniform Standards in Appraisal Practices (USPAP), and violations in Title and Escrow practices, fraud, and contract violations.
We do this to help victims of predatory lending obtain the relief they need for themselves and their families. We are here to help you!