What is a
Forensic Audit & Appraisal Analysis Report?
AUDIT OF THE BORROWER's EXPERIENCE
is a review of the mortgage related documents signed by the borrower on
the day of closing. The audit focuses on disclosure
violations of federal law (TILA, RESPA, FDCPA, HOEPA, UCC, and others)
and state laws (common law, fees, yield spreads, contract law, and
others). The audit also looks for appraisal
violations, refund eligibility, misapplied payments, calculation
errors, application fraud, and more. See sample report here
What is a Securitization
Audit Report? AUDIT OF THE
The audit is a review of
the sale transaction that took place after you received your
loan. The audit focuses on chain of title, note and deed
possession issues, and more. See sample report here.
More on securitization audits CLICK HERE.