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January 2011

Found 1 blog entry for January 2011.


A forensic loan audit is an essential tool for a loan modification attorney. But not all of them are created equal. You can’t make a decision based on price alone. There are some essential elements to an effective loan audit that you should know before you purchase one. It is said that more than 80% of all mortgages contain some kind of lender violation. Therefore, the chances are fairly high that a homeowner could benefit from a loan audit. If a lender violation is uncovered it will provide leverage for the homeowner when seeking out a loan modification, short sale or any other type of residential loan workout.

If a homeowner received a home loan between 2002 and 2008, that homeowner may very well be a prime candidate for a residential loan workout.

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