MitiGroup, LLC Announces Entry Into Mortgage Loan Document Auditing for Mortgage Loan Modifications.
MitiGroup, LLC, a Florida LLC, announces credit services conduit formation for Loan Document auditing, Loan Modification, Credit Auditing, Debt Settlement, and Attorney Referral. Mortgage Loan document auditing is the process by which closing documents signed by the borrower are analyzed for compliance by industry auditors an d experts, using the top software program used by the lenders themselves.
Boca Raton, FL, December 05, 2008 --(PR.com)-- MitiGroup, LLC, a Florida LLC, announces credit services conduit formation for Loan Document auditing, Loan Modification, Credit Auditing, Debt Settlement, and Attorney Referral. The company was formed with attorney cooperation to effectively deal with Loan Modification requests in an orderly, consumer friendly manner.
"Our existing platforms and relationships led us to the loan modification arena---with a twist..." says company President Bud Fox. As we see it, if there was a way to get a loan modification for everyone, that would be ideal..."
We decided to move forward with a long time partner to offer Forensic Loan Document Auditing services for the general public as well as Loan Modification companies. This service was the internal process of the major lenders to evaluate thier own compliance with federal laws like RESPA, TILA, HOEPA, and ECOA--which has clearly failed miserably.
The scary thing is that our internal data has yielded a staggering 78% of the ARMS we audit have substantive errors that are violative of consumer lending laws such as TILA.....we feel this will aid those affected in securing long needed relief from loans that, while maybe not being predatory, are clearly not in compliance...". With all major lenders engaging in a massive PR campaign to allay the fears of the american homeowner---purporting to give them a proactive loan mod--there is only one way to ensure homeowners are getting what they deserve--the mortgage loan document audit. It has been documented by attorneys that many lenders, as consideration for the loan mod, will make homeowners sign a waiver of rights for recourse against them, even if the original mortgage violated thier statuatory right.
Bud went on to say that they will be seeking governmental support for thier "audit-initiative", to allow unfettered access to consumer loan documents to aid homeowners in thier fight to get a slice of the massive financial sector bailout. MitiGroup is committed to ensuring that homeowner receive the Loan Modification they deserve, whether offered direct from the lender, or through a loan modification company.
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"Our existing platforms and relationships led us to the loan modification arena---with a twist..." says company President Bud Fox. As we see it, if there was a way to get a loan modification for everyone, that would be ideal..."
We decided to move forward with a long time partner to offer Forensic Loan Document Auditing services for the general public as well as Loan Modification companies. This service was the internal process of the major lenders to evaluate thier own compliance with federal laws like RESPA, TILA, HOEPA, and ECOA--which has clearly failed miserably.
The scary thing is that our internal data has yielded a staggering 78% of the ARMS we audit have substantive errors that are violative of consumer lending laws such as TILA.....we feel this will aid those affected in securing long needed relief from loans that, while maybe not being predatory, are clearly not in compliance...". With all major lenders engaging in a massive PR campaign to allay the fears of the american homeowner---purporting to give them a proactive loan mod--there is only one way to ensure homeowners are getting what they deserve--the mortgage loan document audit. It has been documented by attorneys that many lenders, as consideration for the loan mod, will make homeowners sign a waiver of rights for recourse against them, even if the original mortgage violated thier statuatory right.
Bud went on to say that they will be seeking governmental support for thier "audit-initiative", to allow unfettered access to consumer loan documents to aid homeowners in thier fight to get a slice of the massive financial sector bailout. MitiGroup is committed to ensuring that homeowner receive the Loan Modification they deserve, whether offered direct from the lender, or through a loan modification company.
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Contact
MitiGroup, LLC
Patrick McAfee
443-524-1896
www.mitigroup.com
Patrick McAfee
443-524-1896
www.mitigroup.com
Contact
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