A forensic audit is a review of all of the documents related to your obtaining your mortgage. A high percentage of the mortgages given out during the past decade are not in full compliance with consumer protection statutes. Upon our reviewing your documents pursuant to a forensic audit, we may uncover loan fraud or violations of State and Federal laws. This can provide us with a very strong negotiating point to convince your financial institution to give you a mortgage modification. Most banks are simply overwhelmed and cannot handle the mortgage modification requests that are submitted to them. If you present a financial institution with a forensic audit report that shows they violated state or federal laws they generally are much more accommodating with regard to modifying your mortgage. Their good will is based on their desire to avoid litigation, fines and penalties related to loan fraud.
If you have an adjustable rate mortgage when your rates readjust higher you may not be able to make your mortgage payments, which could result in a foreclosure being initiated against your home. If there are violations of state or federal laws related to the adjustable rate mortgage we can use this information to help obtain a mortgage modification for you.
Contact Us for a free consultation to discuss your case and our qualifications to represent you. The Law Offices of Schlissel DeCorpo. Feel free to call toll free any time, day or night, at 1-800-344-6431, or in Queens, Kings, Richmond and the Bronx at 718-350-2802. You can also reach us in Nassau County or Suffolk County at 516-561-6645. We welcome your inquires.
Dealing with a divorce and facing bankruptcy at the same time can put enormous pressure on any family, especially when your home is at risk. This article, courtesy of the Law Offices of Schlissel DeCorpo, provi...
No-Fault divorce involves a divorce which can be obtained without either of the parties to the marriage having to allege or prove the other party has in some way, form or manner misbehaved. Almost all of t...