Audits contain a short 2 page description of the transaction, up to twenty pages of findings of what went wrong within the mortgage transaction, up to a few pages of information relating to mortgage lawsuits about issues found, as well as a review and educational materials about lending laws and the transactions compliance with them. This is the perfect choice for fact finding and discovering what happened, what should have happened, and to gain an understanding of what actually contributed to the default. In addition, I typically spend around two days going through all the documentation and writing up an Audit, and have an expert appraiser review the appraisal. Of course, I have been completing mortgage audits for the last ten years so I am pretty proficient at finding out where things went wrong! There is a lot more to the review than the analysis, such as educational material about methods of resolving mortgage problems, lending laws, unfair practices, and enforcement rights of notes. Many people perform limited reviews such as a Truth in Lending/RESPA Review or Securitization Audit. However, these limited reviews don’t normally find the true reasons for default and foreclosure, and normally miss the big picture of what was done wrong that may actually be useful for relief.