Truth In Lending Auditors

	Home \| Sitemap \| Contact Us
	Font Size A, A+, A++

truth in Lending Auditors

We are VERY DIFFERENT than other firms offering to help you on your home loan.

We don’t go to the mortgage company with "hat in hand" asking to PLEASE modify your loan or short sell your home.

The banks are so overloaded with problem loans that this approach is just a lot more work for them and they are already overburdened.

They would prefer to just get rid of you. If you have tried calling your bank to work on a loan modification then you already know this painfully well.

Because we have been in this industry for so many years we have developed a crack team of Forensic Loan Auditors. Our team is so good that many attorneys come to us for their forensic needs.

The first step we do for you is to perform an in-depth Forensic Audit of your Loan. To date, every loan we have
investigated has contained violations or federal laws that have been broken by the banks.

Then you or your attorney or (TILA at no cost to you) go to your mortgage company and inform them of the laws they have broken. Depending on what laws they have broken, the lender can end up paying you all the moneys you have ever paid them ( this only happens in a few very bad cases) or the bank will typically agree to new attractive loan terms.

With us you don’t go with your hat in hand. You have a Powerful Document Audit which really forces their attention.
They become highly motivated to work with your loan or they open themselves up to law suits and or Federal and State government agency investigations.

For almost a decade we have helped people solve their financial crisis. As the economic crisis in our country has escalated, Truth In Lending Auditors has responded to the needs of over-burdened homeowners with a variety of services.

Forensic Document Reviews, Loan Modifications & Short Sales or other negotiations such as Short Payoff, Short Refinance, or Deed-in-Lieu
Debt Consolidation & Debt Elimination

Help for the Homeowner

Truth In Lending Auditors's financial and legal departments work directly with lenders on behalf of Homeowners to bring loans current or negotiate short sales.

Who Can We Help?

Any Homeowner who need solutions for predatory loans or lenders, who is suffering from financial burdens or potential financial struggles, or who is undergoing pre-foreclosure or foreclosure.

Do You Qualify?

Simply put: Yes. You qualify. Despite what you may have been told by others. By the time we have completed your forensic loan document review and identified all the areas where your federally protected rights have been violated by your lender, qualification is no longer a major hurdle.

Almost every person who came to Truth In Lending Auditors, had already been turned down by their lender. Yet, when they had the benefit of the full professional services that we offer, these matters were resolved.

Why Choose Us?

Attorney Backed Nationwide Company
Experienced Forensic Underwriters & Auditors
97% Success Rate!
Money Back Guarantee

Free Loan Mods & Short Sales

(Due to State requirements, we can only offer audit in the state of WY)

After we have completed your Forensic Loan Document Review, we help you modify your loan or short sell your home, completely free.

It is the single-most powerful tool you have to begin true negotiations that bring about effective results. (This free loan mod service is not available in WY).

The First Step

Forensic Loan Document Review

A Forensic Loan Document Review is a complete investigation of your original loan documents to identify any fraud and locate all the violations of your federally protected consumer rights.

Very often, homeowners attempting to get short sales or loan mods completed without this Mortgage Audit are unknowingly placing themselves at great risk:

They are likely to be disqualified or denied.
They may receive new terms that do not actually resolve their financial crisis.
They'll wait for months and months for an answer from their lender, sometimes their homes are sold at auction while they wait.

The above scenarios are avoided when negotiations only begin after an investigation of the loan documents has been conducted. Attitudes change when the lender now realizes the problems he has.

The Second Step

Negotiation

The power of the Forensic Loan Document Review has changed the playing field. Once completed, we help you modify the terms of your loan, or short sell you home completely free.

Loan Modification: Reduce your principal balance! Reduce your interest rate, bring your loan current, get penalties and fees waived/reduced, make the collections calls and foreclosures stop.

Short Sales: We have the most effective program for short selling your home. If you need to walk away from it all, without a foreclosure on your credit record, then you need us!

Benefits of Forensic Loan Doc Review

Lenders and homeowners are both completely educated on the fraudulent nature and federal violations of the consumer's rights. Lenders are fully aware of their responsibility to solve this problem with their borrower.

Benefits of Loan Mod or Short Sale

Loan Mod: New affordable monthly payments, all foreclosure proceedings stopped, collections stopped. Credit Score reporting brought current.

Short Sale: There is no foreclosure on your credit score, collections have stopped, and you can walk away to get a fresh start!

Recent Successes

Donna J: Old Terms: 9.9% interest, $1225.00 monthly payment, fixed rate. New Terms: 4.75% interest, $ 769.16 monthly payment, fixed rate. Savings: $455.84 a month, $5470.08 a year! Homeowner now current on loan and foreclosure has been stopped!

Lori T: Old Terms:12.875% ARM New Terms: 7.875% FIXED Savings: The new payment is $104, savings of $400 per month. Homeowner now current on loan and foreclosure has been stopped!

Dianna G: Old Principal Balance: $61,700, Old Terms: 10.75% Adjustable rate interest, $608.00 monthly payment, New Terms: 4.600% Fixed rate interest, $339.36 monthly payment. Savings: Lowered interest rate by 6.15% Homeowner now current on loan and foreclosure has been stopped

Doug N: Old Principal Balance: $161,275.55 New Principal Balance: $156,849.13 Old Terms: 7.57% interest, payment including escrow: $1,729.81 New Terms: 4.68% interest, new monthly payment including escrow: $1567.37 Legal fees and outstanding escrow advances amount waived: $13,191.59
Savings: Lowered Principal balance, Lower interest rate, $13,191.59 of fees waived!

SHORT SALE SUCCESS STORIES

Jim T. Principal loan amount prior to short sale: $651,111.52 Results: Short Sale lender Accepted: $447,950 as debt paid in full Overall debt forgiven: $203,161.52 Home owner was able to walk away from home with no outstanding financial liability to lenders.

Maria. D Principal loan amounts prior to short sale: Senior Short Sale lender: $499,966.69 Junior Short Sale lender: $163,449.09 Results: Senior Short Sale lender accepted: $365,573.27 Junior Short Sale lender accepted: $3,250Overall debt forgiven: $294,592.51 Home owner was able to walk away from home with no outstanding financial liability to lenders.

contact

USA Today

Chase Sued: Allegedly Told Homeowner To Stop Payments, Then Foreclosed

By Arthur Delaney of the Huffington Post

JPMorgan Chase told a California couple to quit making mortgage payments in order to qualify for a loan modification but then foreclosed on their Sacramento home, according to a lawsuit filed in federal court.

Faiz and Khadija Jahani called Chase in December 2008 because they were having trouble making their mortgage payments. According to the suit, they were told that they wouldn't qualify for a modification without being delinquent and that they should stop making payments for three months.

At the beginning of June, the Jahanis claim that they were told they qualified for a modification that reduced their monthly payments. Three weeks later, they received a letter telling them the bank intended to foreclose. This confusing back-and-forth continued for months, with Chase repeatedly asking them to resend paperwork, according to the complaint filed in U.S. District Court, Eastern District of California/Sacramento Division, which was first reported by Courthouse News. more

April 23, 2010

Bank of America stalls on mortgage help, homeowners say

by: Cydney Gillis , Staff Reporter, Real Change News

307 complaints filed with attorney general

Protesters stood outside a Bank of America office complex downtown April 14 where borrowers who fall behind in their payments go to renegotiate their mortgages.
Marcus Segarra wants a place he can sit down and discuss his mortgage problems. He wants to go to a bank branch or office where the same person helps him every time, not the various people he’s been dealing with at call centers in California or Colorado who provide different answers or none at all.
That’s just one problem that Segarra says he and his wife have faced while trying to get Bank of America to modify their mortgage so they can stay in their two-bedroom Algona home. In January, the 27-year-old Segarra lost his job as a union plumber and, since then, the couple hasn’t had much luck getting the bank to reduce their terms.

That changed on April 15 when Segarra learned that Bank of America had accepted the couple into a federal loan modification program introduced last year by the Obama Administration. But Segarra says that he had to call to find out that he’d been accepted – and he only did that, he says, because of a confusing packet he got in the mail from the bank saying that some paperwork was missing, without saying what it was.

more