Cheyenne, WY (PressExposure) June 15, 2009 -- As more homeowners lose their homes, loan modifications and forensic loan auditing is more in need on a daily basis. In order to build your case for a successful loan modification for your client you need to conduct a forensic loan audit on the clientâs loan. A forensic loan audit uncovers violations relating to state and federal laws which relate to lending money to homeowners. if you can uncover these violations and notify the lender it will build a case for the homeowner and help you successfully save their home.
Since the lender will know they have violated the law. Certain violations include not disclosing certain types of terms to the borrower, not having documents in order, wrong disclosure of rates and APR, which most loans have. Most mortgage loans have violations due to the loose liberal lending practices of lenders the past few years. Learning forensic loan auditing is a great way to increase your income and help save peoples homes. In this real estate market we are in now the best time to get into loan modifications and forensic loan auditing is now.
Forensics Plus offers a forensic loan auditing guide and forensic loan audit software in which you cane use to uncover violations and export a complete report.