Our approach is different than any other firm.

With recent changes in the law attorneys and modification companies cannot afford to perform these important processes. Unfortunately they have to take serious shortcuts in order to save time and money. These shortcuts will affect your ability to keep your home.

We use only experienced compliance auditors and top paralegal experts to provide a comprehensive service that will properly prepare your case file for any attorney to use when working with your lender or to prepare for litigation.

A Forensic Loan Audit identifies infractions and violations committed by your lender when they originally created and funded your loan. To a large extent these violations are the LEVERAGE used to argue your case against your lender. Generally, the more violations, and the higher their severity, the better chance you have of obtaining positive results with your attorney.

The Forensic Loan Audit is the FIRST STEP you should take to properly prepare for any type of litigation or any type of solution when dealing with your lender. Audits are used as an invaluable tool to get your file to the top of the lenders pile and to get your case noticed and heard.

With millions of homeowners requesting real financial solutions from their lenders, it is virtually impossible to get your case file noticed, and getting a satisfactory solution is almost nonexistent.

Today, you need every tool, every amount of leverage possible, along with an experienced attorney to take your case and negotiate a real solution that keeps you in your home.

The audit will clearly demonstrate to the lender that you, the homeowner, are determined and prepared. You may present the audit to the lender directly, in which case it is vital to make clear they intend to hold them accountable for documented violations. If attempting a short sale the listing real estate agent can present the audit to speed sale negotiations.

However, the best approach - and the one most likely to result in loan modification to the your best financial advantage - is for an attorney to present the audit. They will contact the lender’s legal department (not the loan dept.), who will seek to avoid costly litigation. Attorneys utilize the audit to prepare their case to present to a lender or to start the litigation process. Attorneys can often permanently change the mortgage terms of the original agreement made between the owner and mortgage holder.

When faced with litigation, homeowner bankruptcy or legal representation, most lenders are willing to negotiate a loan work out solution, such as: reducing interest rates, extending the loan terms, allowing interest-only payments for a fixed period, deferring past due balances, and in some cases even a principal reduction - lowering the actual loan balance in line with current property values.

How Attorneys Use The Audit

Forensic Loan Audits are reviewed by the attorney to prepare a completed case file on a subject property and determine if a client's loan has potential to receive a successful modification or loan work out solution. If the attorney determines that a strong and compelling case can be built, they will engage the lender to begin the negotiation process and will work diligently to obtain a loan work out solution from the lender.

We at Forensic Auditors of NW FL aspire to help homeowners properly prepare for the attorney to represent their case, allowing them to secure loan modification, keep their home, or complete a short sale. Our goal is to speed economic recovery - one homeowner at a time!