What is the likelihood of a Loan Modification being successful?
It is a high likelihood that it will be successful. We do not muddle our pipeline up of clients with poor files. We only take on the eligible cases and we make sure we have all of our ducks in a row. Therefore, if you go to the attorney stage and then to the lender, it is a high likelihood that we will accomplish the modification. We have our attorney pull your current loan file as well – what most people do not realize is that a VERY high percentage of loan files have errors in them – many times BIG errors. With our attorney negotiating the modification they then use these errors to your benefit. We know what to look for and we know what buttons to push. What is the Forensic Audit process Our attorney backed firms will professionally and independently audit your loan package to check for violations of TILA, RESPA, HOEPA, State and federal lending laws, using the same software and compliance guidelines used by the lending institutions themselves. We typically will complete our audits a
