US Loan Auditors Explains the Predatory Loan Audit Advantage
US Loan Auditors Explains the Predatory Loan Audit Advantage
Aug 21Predatory Loan Audits Take Years of Professional Experience and are More Successful
SACRAMENTO, Calif. – July 29, 2010 – Everywhere homeowners turn these days there are companies offering to help California residents fight fraud and find relief against predatory lenders. However, not all companies are alike and many are out to scam the consumer.
US Loan Auditors, the premier California-based predatory mortgage loan auditing firm, urges area consumers to be aware of the difference in forensic loan auditing techniques and make sure they choose to work with a company with the extensive background and successful experience to help their cause.
“There are very important differences between firms that perform the Truth in Lending and RESPA violation audits and those that use the science of forensic loan auditing and dig deeper in a predatory mortgage audit,” said Shane Barker, one of the founders of US Loan Auditors. “The predatory mortgage audit takes a lot more professional industry knowledge, is more comprehensive in scope and provide much stronger legal leverage should you take your audit to court.”
US Loan Auditors is not a loan modification firm, but instead they use predatory mortgage loan auditing techniques to uncover fraud and predatory lending violations that help Sacramento and Bay Area homeowners fight loan fraud.
“We look through the entire loan package looking for a pattern of abuse to create the case against the lender,” Barker said. “You may not think you were a victim of predatory lending, but a high percentage of area homeowners that had a pick-a-payment loan, option adjustable rate loan or English as a second language were probably victims of mortgage lending abuse.”
Experts say few forensic loan auditing companies are qualified to pull apart the documents in a loan package to establish where there are potential predatory lending violations. But the fact is, the audits prepared by US Loan Auditors have been able to assist attorneys in finding relief for many homeowners across California. Their expertise, coupled with a network of qualified outside attorneys have helped some of their clients lower payments, obtain lower interest rates and has even stopped or postponed the foreclosure process for hundreds of their customers.
“To complete these types of predatory loan audits, a professional firm needs to have a strong background in the science of forensic loan auditing, the thinking process of lenders and of course plenty of knowledge of industry rules and procedures,” Barker said. “Our firm has years of loan auditing experience and extensive in-depth knowledge of the predatory loan audit process. That is the US Loan Auditors advantage.”
For more information about US Loan Auditors, or get a free initial consultation for your mortgage loan, please call 888-55-AUDIT or visit them at www.usloanauditors.com.
Media Contact:
Shane Barker
Phone: 888-552-8348
shane@usloanauditors.com