I recently did a search on Google for "mortgage audit" and came up with 369,000 entries.  I am amazed at how many "forensic loan auditors" there now are.  I know of companies charging anywhere from a couple hundred bucks to ten thousand.  I am a practicing attorney and my focus is on mortgage litigation and i think the mortgage audit is a joke.  Most results are wrong.  Even when there are technical violations, the borrower likely does not have a viable claim due to other reasons. 

If you really want to know if you have a legal case, talk to a laywer.  Do not pay anyone any money for an audit that is supposed to somehow give you leverage with the bank.  It doesn't.  Sorry if this offends anyone, but i get several calls a week from people who are excited due to the false hope they were given and have spent money they did not have for some auditor to tell them they have a great case.  Please save your money.

 
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1 Comments on mortgage audit - are you kidding me?

AUG
25

The field of mortgage law is ever changing... one of the things that makes it an exciting area of practice... new statutes... new case law... ever more clever ways to break laws... and having to come up with new ways to bring suit... thus, a consultation with an attorney who has experience in the area for which you seek help is the proper place to go... don't pay for some loan audit when you will have no idea what to do with the results.

Just my opinion of course.

- Paul

PaulMolinaroEsq
3:50pm • #1

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Nathan Fransen

Corona, CA

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