Forensic Loan Audit

American Residential Law Group helps troubled homeowners with adjustable rate mortgages who are having trouble getting their loans modified or who are behind with their payments and in danger of losing their home, now have access to Forensic Loan Audits, performed by mortgage industry experts, to discover if their lender violated the Truth in Lending Act or made any errors while preparing their closing documents and neglected to adequately disclose the terms of their loan.

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.

Until recently Forensic Loan Examinations were only made available to large banks and lending institutions wanting to determine their own exposure to risk and potential legal liabilities prior to purchasing large pools of mortgage loans. American Residential Law Group has a staff of Mortgage Auditors with over 12 years experience auditing complex loan documents. Put the power of American Residential Law Group behind your Loan Workout.

American Residential Law Group also provides audit only services for other law firms/agencies in need of thorough, efficient and cost effective Forensic Loan Audits.