It is much easier and faster to get a merchant cash advance than it is to get a bank loan. Bank loans require loads of documentation, proofs, guarantees, and most importantly, time; and time is perhaps the most valuable resource in today's cutthroat competitive environment.Merchant cash advance providers work quickly. They do not need extensive documentation and it is available to the business in a week or two. If the provider and business owner...more
Forensic mortgage audits are being used as leverage for attorneys and mortgage modification experts to negotiate affordable work out plans with borrowers facing foreclosure. Studies show that at nearly 80 percent of mortgage loans contain State and Federal Violations.Many mortgage loans originated during the years 2001 2005 contained legal violations; some were unintentional; some were blatant acts of fraud. The mortgages originated during...more
Homeowners who have adjustable rate mortgages, are victims of predatory lending, or individuals who are having trouble making their mortgage payments now have a new weapon to add to their arsenal for negotiating power with their lender. What is there to negotiate?Mortgage modification is often a desirable option for homeowners facing foreclosure. Some lenders will agree to modify the terms of the mortgage to make it affordable for homeowners to keep their homes. The reason they will do this is to mitigate their losses. For example, they might reduce the interest rate or increase the mortgage term to reduce the monthly payment rather than proceed with a lengthy foreclosure process and be stuck with a house that they cannot sell in todays distressed real estate market.Sounds like a No-Brainer Why would it be Difficult?The process of negotiating a loan modification is often a difficult process for the average homeowner, especially one who is emotionally distressed because they are in danger of losing their home. Just getting the right person on the phone to speak with can be quite a task. The average homeowner has little chance of negotiating an affordable mortgage...more
Forensic Loan auditing is necessary to determine mortgage loan enforceability in the event of predatory lending or fraudulent mortgage practices. There are several reasons a law firm or mortgage modification company would perform a forensic audit.Performing a forensic audit demonstrate to clients that the company employs a team of professionals...more
Subprime lending practices and economic conditions have led to the mortgage melt-down causing a flood of foreclosures. Mortgage fraud and predatory lending practices have increased, creating a demand for forensic loan auditors and mortgage modification specialists. In order to qualify as a forensic loan auditor who performs a forensic file review...more
A Forensic Mortgage Audit is a complete analysis of all the documents in your mortgage loan file. The purpose of a forensic mortgage audit is to uncover errors or violation of borrowers rights. Often, errors or violations are unintentional; however, still subject to penalization and liability to the lender or servicer involved at the time of origination.The findings in a forensic mortgage audit provide leverage for the firm representing the borrower in loan modification negotiations. Errors or violations will compel the lender to make corrections or modifications to avoid being sued. If the borrower really wants to keep their home and can demonstrate the ability to meet their mortgage obligations with reasonable modification, then it is in the lenders best interest to negotiate and modify the terms. This way, everyone comes out a winner.A fair amount of recent foreclosures are on homes where the owner received a mortgage between the years of 2002 and 2008. This is the period of time that most loan violations occur. Many of these mortgages have very high interest rates or are refinanced home loans and adjustable rate mortgages (ARMs). These loans were issued based on the...more
Forensic loan audits can be used to stick-it-to predatory lenders and mortgage brokers who purposely take advantage of borrowers with unsavory or unethical business practices. A Forensic Audit, also referred to as Forensic Accounting, is the...more
Forensic loan audits are not just weapons that attorneys and mortgage modification services use to stick-it-to the bank. They are actually very good tools for the negotiation process when a distressed homeowner is facing foreclosure and they wish to...more
Forensic mortgage audits are powerful tools for a loan modification attorney; but, they are not all the same! You cannot decide to use a certain company for this service based on price alone. In fact, if the price seems too good to be true, it...more
Forensic loan audits are a useful tool for mortgage modification services; they add leverage to the distressed homeowners negotiation with their lender for loan modification. Unfortunately, like with many other great services, there are scammers who...more
For those who are struggling with severe and multiple debts and need urgent funds, the loans being approved without credit check is a rewarding opportunity. Since the setting up of no credit check cash loans, it has paved the way for bad credit...more
Are you facing some sort of financial trouble which needs to be taken care on time? But your pockets are empty and you are in search of quick financial assistance? Then, payday loans with no faxing prove to be a suitable option in this situation...more