U.S. Lender Audit^TM provides case management services for legal professionals and auditing companies.  Preferred by attorneys nationwide, the investigators the company services, has supplied expert witness servicing and forensic mortgage loan audits for over 200 banks, lenders, and institutions.  And, with each file examined by two sets of eyes, our auditors take pride in our unique process.  Imagine, each audited file is then re-examined by another auditor to make sure the first auditor reviewed everything and reported all violations!  No other company compares. 

We are proud to have unvealed a scalable business solution for our Nation's attorneys to help ALL borrowers litigate and mitigate with our Forensic Loan Audit^TM   
And, if no SEVERE violations are found, we will issue a full refund, no questions asked! See our full-money back guarantee policy.   With only an estimated 3% receiving loan modifications from 100% of those that are eligable, there is a DIFFERENT approach that can lead to loan settlement, void, or other appropriate recourse, including statutory and declatory damages and relief, and attorney fees.  Let U.S. Lender Audit and its team show you some other ways to approach this ever-changing market with the systems and controls to help you.  From expert reporting to back-office systems for you and your staff, no other litigation support company arms you with most everything you'll want to help create best outcomes!

The value of credible mortgage analysis is to clearly establish where both parties stand. Coming into the foreclosure stage, the Lender is going to seek Summary Judgment in court stating there are no material facts to challenge or prevent the judgment of foreclosure being issued without the process of discovery and a Judge conducting their own trial. The Lender expects to submit their side of things and have their accounting and claims be accepted and ruled upon, just like that.

If the loan has violations, the lender is required under the law to be dealt with in court in a specific matter of remedies and accounting. From canceling the loan,  to principal reduction, further reduce principal by the amount of closing costs and title charges paid, receive statutory, civil and actual damages as well as attorney and court costs.

With 29 non-judicial foreclosure states, you may need to bring an Original Action requesting specifics to help start your case (Judicial states may appreciate the burdon of proof shifting to the Plaintiff.  This along with knowing civil procedure and frivolous claims can be rewarding in itself.  Get to know how to work with equity vs. contract law).  After meeting the Memorandum of Law and Points of Authorities, and perhaps being granted a TRO, you'll need to consider specific Procedural issues be met correctly, including documents from the Pooling and Servicing Agreement, to the mortgage, note, and more to better understand the "alleged" loan.  Eventually, you'll need to have Substantive pieces to accomodate the law suit.  This is where U.S. Lender Audit's reporting of material defects and violations found in the loan documents themselves, allow presentments that may have otherwise been overlooked.  Depending on where your client is in their case, you may want to consider the audit as a part of a "roadmap" to help with the future structure and design of your case.  

Besides the areas you, the attorney should consider as areas of focus, such as the items found on the "Home" and "Case Law" section of our website, the audit and our consultations and tesitmony can help unveil or provide insight to areas such as:

• Breach of Contract and Failures of Performance.
• TILA, HOEPA, FDCPA, ECOA, FCRA, RESPA, UDAP, and more
• Failure to Establish Conditions Precedent.
• Failure to Comply with FHA Pre-Foreclosure Requirements
• Insufficiency of Process.
• Ailing to properly account per Generally Accepted Accounting Principals
• Ownership issues, and Conflicting Pleadings
• Status and Standing
• Falsified Affidavit
• Homestead protection and forced placed insurace
• Illegal and Untimely Assignments of the mortgage
• Ailing to identify proper parties to the transaction
• Challengin jurisdiction
• Lender risk of buying back the loan
• Lender may be proported and not acting as lender but as broker
• Exceeding earnings limits
• Exceeding trust capacity and rules regarding placement and servicing from the Servicing and Pooling Agreeement
• Was there ever any Value or Consideration received
• How the mortgage was likely paid in full
• Note was sold, original being presented likely not current original
• Premia Facia Evidence
• Servicer attempting to foreclose is not owner and lacks standing
• MERS is not an owner
• True note transfers prevent lost note claims and the Uniform Commercial Codes
• Real lending and servicing issues, Charter issues, and other areas of RICO
• Lender cases dismissed for similar reasons in other courts
• Investor owner loan loss and insurance issues
• Loan potentially resold many times at face amount in CDOs & Credit Default Swaps
• Document Custodian issues
• CDO Manager tranche issues
• Unclear Trusts and Weather Taxes were Paid
• Alleged Loan and Alleged Damages do not add up
• Fractional Lending and Discharges and Void Contracts
• Potential ratings agency involvement and liability, Errors and Ommissions
• Foreclosure sale proceeds allocation issues and Double Book Entry issues
• Misrepresentation, Unfair Dealings, Deceptive Practices, and more
• Intrinsic Fruad and Extrinsic Fraud
• Frivelous Claims, Style Changes, Conflicting Pleadings and much, much, more!
  
  We've recognized many attorneys, unfortunately, are being fooled by companies providing audit reports by using software to identify violations!  The inaccuracies are consistant, and so are the companies using them!  And, we've even heard of Attorneys claiming to audit the files themselves...hmmm?  Well, if an attorney would even make such an attempt, the attorney couldn't testify! If ANY of these software companies would pass our test, we'd be using it! And, moreover, many attorneys don't realize the PASS/FAIL approaches alongside of inaccurate information can dismantle a case.  U.S. Lender Audit provides all of the support, in an exhibit type format for easy identification and clarification of where and how the violation is supported.  Let us help clarify some of the important ways we differ. 
  
  Think your client is outside of the normal Federal TILA and RESPA Statutes of Limitations? Statutes can be extended when material ommission regarding truth in lending are discovered.  Addtionally, remember, fraud has no statutes of limitiations and most Plaintiffs bringing a claim to your clients don't have legal standing in the first place.  We understand many attorneys don't pragmatically know how to build a case and hardly know the best ways to navigate through litigation, especially with mortgage fraud.  Call and speak with one of our expert members today.  
  

Doing loan modifications as an attorney? 
Do you really understand the best methods to deliver results.  Do you know how to form your case properly.  Do you understand you are likely committing malpractice???  Do you realize what could be seen as Predetory Loan Modification, and your business may be at risk! Are you providing the necessary disclosures and disclaimers regarding these "contracts"?  Do you really know your client? Did you disclose to your client that violations may exist in their previous mortgage that could give them opportunities for negotiating better terms?  Have they signed a "WAIVER" specifying you've given them the opportunity to have our mortgage document review or forensic loan audit, and they've declined;  Or, that you've disclosed such and they understand their rights to have the mortgage loan analysis completed?   We are trying our best to help make this a practice and industry standard, as failure to disclose such to the borrower may result in liability. Give your client valuable consideration before signing onto a loan modification.   Make them aware of their rights before giving them away!

Why "Loan Modification" is Not Working.  
Did you ever realize the company providing loan modification likely has no status or standing to even do so!  Now, as an attorney, would you like to understand a different approach?  Morevover, is there a possibilitiy that the market has shifted from predatory lending to predatory modifications???

The real reason why "loan mods" are thus being routinely rejected is pure and simple "balance sheet economics". A bad loan is a liability on a lender's balance sheet. A "modified loan" is just a lesser example of a loan which is already a liability, and a modified loan does not result in any money to the brokers, appraisers, trustee sale companies, or foreclosure mill law Firms.

By foreclosing and obtaining a money judgment (for the amount due on the note) and the property, the "bank" turns a non-performing liability into a two-tiered asset in the form of a receivable (the amount "due" from the borrower per the Judgment), and a tangible asset (the property) with its inflated value as the result of an inaccurate or outright false "broker price opinion" (BPO) which was prepared by the "bank's" broker on nothing more than a "drive by" of the property (that being no interior inspection for defects, necessary repairs, wear and tear, etc.)

Recent reports show that Freddie and Fannie own and guarantee 45% of all of the mortgages in the United States - $4.8 trillion worth of mortgages. However, with the mortgages they actually own and hold on their balance sheets, provide a face value of $1.7 trillion. They hold these assets with only a about $70 billion in "core" capital.

With a combined leveraged ratio of 24-to-1, a 5% loss in the value of their mortgages would wipe out 100% of the equity in each firm. Looking beyond their balance sheets to their off-balance-sheet guarantees, you see that they're actually leveraged 68-to-1.  Thus a 1.4% decline in the value of their total on- and off-balance-sheet would wipe out shareholders.

These high leverage ratios lead to bankruptcy as seen with companies like Lehman, Bear Sterns, Freddie, Fannie and just about every banking institution. Yet, while the government has been busy policing the rest of the financial markets, it has overlooked a time bomb under its own umbrella... the Federal Housing Administration (FHA). 

According to the Wall Street Journal, an undisclosed Housing and Urban Development (HUD) audit shows the FHA's cash reserves may fall below its congressionally mandated 2% of insurance liabilities by year's end. 

The FHA is levered 50 to 1 - more than Bear Stearns on the eve of its crash. Its loan delinquency rate - more than 30 days past due - is over 14%, around two to three times higher than conventional mortgages. And its cash reserves have fallen by more than two-thirds in three years. The reason is reckless underwriting... From 2006 through the end of next year, the FHA's portfolio will have expanded to $1 trillion from $410 billion. Today, 25% of all new mortgages carry an FHA guarantee, up from 2% in 2006. And between the FHA, the Veterans Administration, Fannie, and Freddie, taxpayers now guarantee 80% of all U.S. mortgages. 

According to sources familiar with the HUD report, mortgage default rates are worsening the quickest on the most recent loans.

You may consider a preliminary forensic loan audit using the documents received from the borrower (copies from their closing).  This can ensure that specific concerns, along with found violations/exceptions or the possibility of them, can then be determined for more qualified results of a RESPA request or Demand.  Once we supply you with the audit, you or your client can send a RESPA certified Qualfied Written Request or Demand Letter to receive further documentation for discovery and an a final audit (should you desire).  See a  SAMPLE RESPA or "Qualified Written Request" letter.  NOTE: This letter does not include SPECIFIC exceptions/violations and is a SAMPLE.  Consider sending the QWR on your letterhead for better results. 

Moreover, with recent legislation showing strong signs of bankruptcy modifications, the U.S. Lender Audit provides the common grounds for remediation and fair assessment through Chapter 13 modifications.  Now, attorneys, trustees and judges finally can readily understand the structure of the loans, its origination and underwriting of the lenders and the consumers and parties involved with each transaction. Because the audit application and report is 100 percent neutral and objective, focusing equally on both sides of the transaction, it carries unsurpassed credibility with lenders and borrowers, a powerful tool trustees can use to encourage opposing parties to negotiate a resolution, new loan structure or loan settlement.

VIEW VIDEO FOOTAGE. CLICK HERE!
  

Sample Forensic Mortgage Compliance Audit 

What happens during the Audit? Click Here

WE STRONGLY SUGGEST A PRIVATE CONSULTATION with the U.S. Lender Audit expert team of Auditors, Specialists and Pro Se Litigatates, to help better understand your cases and provide powerful insight and strategies. Our professional and accomodating channels gives your firm the ability to build an important and effective service within your practice and the knowledgebase to help you successfully navigate through each unique casefile. Get started today!  

Keep informed by visiting http://uslenderaudit.com/loan_settlement_and_defense_blog/

HAVE AN "AUDIT COMPANY" YOUR WORKING WITH?  
TEST YOUR "AUDITOR" HERE!
Let U.S. Lender Audit show you specifically what they missed, or their failures/inaccuracies as to their  findings.  
We know that NO OTHER REPORT COMPARES.  Do you?   
We GUARANTEE if we don't find something they've missed,
or give you the specifics of the inaccuracies/false claims in their report, 
We'll Provide You with a FULL REFUND! 

The difference of knowing what is evidence and what is suspect is imperative for next steps! Ask to be invited to our FREE regularly scheduled online forums, where we show you ALL the specifics to better understand why we are the "Most Trusted and Reliable Loan Audit Company" in the industry!   Call today to reserve your spot and attend this week!

According to the Truth in Lending Act even a small mistake with calculating the borrower's annual percentage rate could be an actionable violation, enabling the borrower to rescind the loan. Therefore, the threat of a lawsuit is often sufficient to persuade an otherwise uncooperative lender to negotiate an attractive work out with the borrower. Because the Truth-in-Lending Act (TILA) requires all attorney fees to be paid by the predatory lender (in which a new servicer is now the responsible party ), cases can settle out of court quickly.

Violiations per RESPA 6 law noted through a certified "qualified written request" provide a timely response by the servicer.  Federal and State laws specifies that the servicer has 20 business days to acknowledge receipt of the request, and 60 business to try and settle. It is during this time, where your negotiations and defense will play a key role towards a timely loan modification, settlement, or other foreclosure defense. 

Protection of Credit Rating
During the 60-day period beginning on the date of the servicer's receipt from any borrower of a qualified written request relating to a dispute regarding the borrower's payments, a servicer may not provide information regarding any overdue payment, owed by such borrower and relating to such period or qualified written request, to any consumer reporting agency (as such term is defined under section 1681a of title 15).

Using violations in the audit along with other areas of fraudulant discovery may allow litigation claims such as: Slander of Title; Fraud (Material Misrepresentation); To Void Contract Based on Impossibility to Performance (CA Civil Code 1411, 1511, 1595 et seq); To Cancel Deed of Trust; Breach of Fiduciary Duty, Violation of CA Business and Professions Code Section17200 et seq;Intentional Infliction of Emotional Distress; Declaratory Relief; Injunctive Relief; Restitution (Unjust Enrichment)

U.S. Lender Audit's exclusive  report is formatted so it is easy to read, revealing ALL violations of Federal, State, County and Municipal Code including RESPA, TILA, HOEPA, ECOA, GBL and Tangible Net Benefit, detailing EVERY VIOLATION, their severity, and the specific Code in violation.

Our forensic loan audit services are designed to include servicer violations and best practices to find collection or FDCPA violations.  From pre-funding, including state and broker violations, to post funding, pre-foreclosure, foreclosure and bankruptcy, our audit reports are the ONLY audits specifically designed to cover it ALL at one low price. 

Additionally the company's reports are a result of forensic audits done by hand by our auditing experts and reverse engineering of loan parameters to determine infractions of State Lending Fairness Guidelines and Predatory Lending laws. 

This report serves as the centerpiece of a well developed case plan for a client's legal representative to initiate negotiations with a lender on behalf of the homeowner seeking relief from potentially predatory practices.  Possible outcomes include mortgage modifications with lower interest rates, longer payback periods, reduction of outstanding principal balances and in some cases - loan recision with credits back to the borrower of all interest paid, loan origination fees, applicable lenders fees, penalties, and attorney's fees.  

Perspective clients include homeowners who are:

• At risk of losing their home in foreclosure proceedings
• Subject to Mortgage servicers attempting to "fastrack" homeowners into the Federal "Hope Now" loan modification guidelines
• Homeowners meeting mortgage payments on "defective mortgages" while depleting retirement assets, personal assets or other equity sources without considering recourse claims and other options

Contact Us Now!