$195 Forensic Mortgage Loan Audits Stopping Foreclosure Says DocumentAudit.org
Mortgage loan audit firm MitiGroup, LLC ( www.documentaudit.org ) has seen real results from its mortgage loan audit initiative. According to its legal affiliates, some foreclosures have been stopped in their tracks, while others have seen large reductions in principal loan balances in the Loan Modification phase. Mortgage Loan audits, when done correctly, expose violations of federal lending laws that provide affirmative defenses against lender foreclosure.
Fort Lauderdale, FL, August 04, 2009 --(PR.com)-- Mortgage loan audit firm MitiGroup, LLC (www.documentaudit.org) has seen real results from its mortgage loan audit initiative. According to its legal affiliates, some foreclosures have been stopped in their tracks, while others have seen large reductions in principal loan balances in the Loan Modification phase. Mortgage Loan audits, when done correctly, expose violations of federal lending laws that provide affirmative defenses against lender foreclosure.
Recently appointed Company President Ethan Greenberg says “…we are excited that our recent price drop for larger affiliates to $195 has increased the audit volume, and made these audit accessible to the people who really need them—those homeowners in the worst financial position can now afford to have their loan professionally audited for TILA, RESPA, state laws and…not least…..evidence of predatory lending or outright fraud…”
He went on to add "...we are excited that our network now includes non-profits who are adding our low cost audit to thier list of services..."
He went on to say that a huge number of loan modification turndowns are showing up for audits, and that the trend is towards foreclosure lawyers and foreclosure defense, especially for those owning investment properties. The loan modification “cottage” industry it seems is becoming more and more controlled by attorneys who can seamlessly add on the foreclosure defense piece.
As it stands, with millions of ARMs adjusting on 2009-2010, and more and more investment properties and loan modification turn downs seeking relief, the mortgage loan audit is becoming a necessity.
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Recently appointed Company President Ethan Greenberg says “…we are excited that our recent price drop for larger affiliates to $195 has increased the audit volume, and made these audit accessible to the people who really need them—those homeowners in the worst financial position can now afford to have their loan professionally audited for TILA, RESPA, state laws and…not least…..evidence of predatory lending or outright fraud…”
He went on to add "...we are excited that our network now includes non-profits who are adding our low cost audit to thier list of services..."
He went on to say that a huge number of loan modification turndowns are showing up for audits, and that the trend is towards foreclosure lawyers and foreclosure defense, especially for those owning investment properties. The loan modification “cottage” industry it seems is becoming more and more controlled by attorneys who can seamlessly add on the foreclosure defense piece.
As it stands, with millions of ARMs adjusting on 2009-2010, and more and more investment properties and loan modification turn downs seeking relief, the mortgage loan audit is becoming a necessity.
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Contact
MitiGroup, LLC
Jeremy Cohen
1-866-954-5999
www.documentaudit.org
Jeremy Cohen
1-866-954-5999
www.documentaudit.org
Contact
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