The goal of our forensic loan audits is to identify violations of lending and contract law, as well as fraud and other violations, for use by lawyers to obtain monetary judgments, identifyoverall situation, and other relief.
The forensic loan analyses we do are very thorough and take a considerable amount of time and resources. We look at the story of what happened, relationships between parties involved, property history, property values, appraisals, title, escrow, loan documentation, sales contracts, advertising material, disclosures, foreclosure paperwork, recorded documents, income documents, past lending guidelines, licensing, other lawsuits that may be related, timelines, and lending law. We understand that when you take on clients for lawsuits you are making a significant investment of your time, and need a high quality and thorough analysis to identify how to best proceed.
Next, we work with your lawyer to develop a completed report which may involve over a hundred hours and several hundred pages of research, analysis, and exhibits, all formatted for easy use by a lawyer. Throughout this process we work with the client to obtain relevant documentation.
The advantage of having the initial review and groundwork performed by one of our forensic loan auditors is immense. Not only do we have first-hand experience with mortgage lawsuits, different lenders, lending guidelines, and lending practices, we are tenacious in our search through our vast library of mortgage documents for evidence that supports your specific case. We will go beyond the who, what, and when to find out how predatory acts fit together in relation to each other so the overall picture of what happened emerges. A lot of auditors are just producing a yes/no checklist of statutory failings within signed mortgage documents, most of which aren’t usable due to limitations or even the true source of damages . We work to find things a lawyer will be able to use to provide relief from all available documents.
