Troubling Forensic Mortgage Loan Audit Data Points to Wrongful Foreclosures
According to the website www.documentaudit.org and MitiGroup, the latest forensic mortgage loan audit data for mortgage loans referred to the company is even worse than expected. Documentaudit.org said it is providing forensic mortgage loan document audits to check for violation of federal lending laws like TILA, RESPA, HOEPA, and excessively high debt to income ratios, income discrepancies, and other areas fraught with inconsistencies. - August 28, 2009
$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. - August 04, 2009
Mortgage Loan Audit May be Last Resort for Tough Loan Modifications and Investment Properties
It seems that investment properties, second homes, and jumbo mortgage loans are turned down for modification almost immediately, in the absence of leverage against the lender, like a failing mortgage loan document audit. - May 26, 2009
Lenders Gear Up to Offer Mortgage Loan Modifications with a Catch… No Mortgage Loan Document Audit Legal Recourse
Borrowers will be facing a veritable landslide of Loan Modification offers from lenders with waiver of rights clauses, according to some Florida real estate attorneys. With mortgage loan document audits fast becoming the favorite tool of Loan modification companies and attorney throughout the nation, the lenders are attempting to pare their losses. Mortgage loan document audit firms like Florida based MitiGroup, LLC have seen their business grow in the past month from loan mod companies. - December 24, 2008
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. - December 05, 2008