How Can I Stop Foreclosure with a Forensic Loan Audit?

Once home for refusing to change bank loan, forensic loan audit is an essential tool used in turning that around. The banks are not and have never been in the business to help people are in business to make money. The lender sees no reason to give you a lower rate, just because you have a difficult time. They are only interested in seeing the loan that gave you the "run" - which corresponds to a monthly payment on time.

In many cases, when the lender is reviewing your documents to see if they will give you a loan modification, the calculations show that we can make more money with less risk if you do not give a loan modification. This is usually laying in foreclosure. The forensic examination of the loan is the most essential tool to demonstrate that the blockade is no longer an option for making money in the bank, imagine if there was fraud - now there is some risk to the bank!

A Forensic Loan Review or Forensic Loan Audit, sometimes also called a Mortgage Audit is a complete investigation of the loan that the bank gave you. The audit is done specifically to find all the Federal Laws that the lender violated. Tila Solutions is an Audit Company that investigates loans.

If you have a predatory loan, you will need a Forensic Loan Audit. If you feel that the lenders, withheld information from you, rushed you, mislead you or perhaps gave you a loan that could contain fraud, then you need to get your loan investigated.

It gives you ammunition to stop the bank in their predatory servicing practices. It helps you get that loan mod you’ve been trying so hard to get. As you may recall, when you signed your loan documents you heard or saw reference to TILA, RESPA, HOEPA and ECOA. Those laws were passed to help prevent you from getting a predatory loan – which is a loan that consumes you financially, and inevitably puts you on the road to foreclosure.

These laws are also supposed to ensure that you understand what you are getting before you sign, and give you a choice to back out. Tila Solutions Examiners review all these Federal Laws that protect you as a borrower. While Tila Examiners are investigating the loan to see if it complies with federal regulating bodies and their guidelines as well as TILA, RESPA, HOEPA, and ECOA they are on the lookout for fraud committed by the banks – and their investigations have shown that the banks are guilty of much fraud over the past decade!

Remember this: A performing loan is a loan that has a monthly payment coming in on time every single month. The lender loves that nice profit with hardly any risk. This is all they want, and you will be their valued customer if you do it. If you are not going to give them their money, then the bank will calculate the risk of modifying your loan against other methods of making money. And you will no longer be a valued customer to them!

And that is why you need to get Tila Solutions to perform a forensic loan audit for you. The bank loses much of its firepower against you and no longer has the ability to travel down other money-making avenues if the loan contains federal violations or fraud. Tila Examiners will methodically go through your loan sometimes producing a report numbering in the 40-page range.