Forensic Loan Audit Steps

Cheyenne, WY (PressExposure) June 02, 2009 -- Forensic Loan Auditing is a new way to defend homeowners and increase the chances of getting a loan modification. Forensic Loan Audits are a way to audit a loan and uncover violations of lending rules and regulations. Once these violations have been uncovered and the specific law violated quoted you can put it in a report and send it to the lender.

This will help obtain a loan modification since the Lender will know it is in violation. Lenders take forensic loan audit reports very seriously. The steps involved in forensic loan auditing are first obtaining the loan docs. Then going through them looking for violations. After you have uncovered the violations you can then compile a report with your findings and send it to the lender.

ForensicLoanSoftware.com offers a software package which will help you do a forensic loan audit. The Forensic Loan Audit Software they have will cite specific laws violated and then export them to a report with all the violations listed and each specific law quoted. The laws quoted include laws from TILA, RESPA, and HOEPA. It also will audit high fee mortgage loans and APR audits as well. The software allows you to run unlimited amount of reports and audits.

About Forensic Loan Software

For more information visit http://www.forensicloansoftware.com

Press Release Source: http://PressExposure.com/PR/Forensic_Loan_Software.html

Press Release Submitted On: June 02, 2009 at 2:13 am
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