Thread: Forensic Loan Audits

This was posted in our company article directory and it was a good read and I wanted to share

Are you still wondering if you should trust the bank’s promise to give you that loan mod? Are you still trying to decide if it is time you got a forensic loan audit? No matter what, the facts speak for themselves. What are the facts of your loan? How can those facts help save your home?
Despite government intervention, people continue to churn and burn while desperately hoping for a Loan Mod, while thousands report abusive, deceiving, unfair and inept practices in the Loan Mod Departments. Foreclosure statistics are still on the rise — they are moving along seamlessly, however, those departments are adequately staffed.
Lenders, bankers, news media – and even government officials warn you away from seeking professional services to help you save your financial life and your home. . . Why?
The clue lies here in a video recently released on the web – you probably saw it. In summary, it states that IndyMac makes more money foreclosing, short selling, and collecting from the FDIC than they do modifying loans.
Some allege that the deal has been made with other banks who bought out failing loans, such as Bank of America, Chase, and Wells Fargo too. As news of the Goldman Sachs Investigation hits the papers (banks put people into failing loans purposely so they could clean up on the stock market when they failed). Bankers scammed homeowners.
Tila Solutions personnel hear from homeowners daily how they are being forced into foreclosure or short sale by their banks. This strongly suggests that the findings in this video may have merit.
The money is in foreclosure and short sales. Loan Mods are not profitable and the professionals that could and do help are often maligned. (Companies like Tila Solutions are cutting into the bank profits when they save homes). It makes sense really because bankers are not in the business of helping people, they in the business of money-making.