Tag Archives: Auditors

US Loan Auditors Hosts Blood Drive to Assist Neighborhood Meet Critical Summertime Need

Posted on by


Sacramento, Calif. (PRWEB) July 22, 2010

US Loan Auditors, the premier California-primarily based forensic true estate loan auditing firm serving victims of predatory mortgage lending abuse, recently held a firm blood drive to aid the nearby community fulfill its vital require for the present of life for the duration of the summer season season.

&#13

We realized there was a critical want for blood in the course of the summer time and we all rolled up our sleeves to do our component, stated Shane Barker, a single of the founders of US Loan Auditors. We are proud to give a component of ourselves to support the neighborhood.

&#13

US Loan Auditors collected 26 pints of blood from its 30 donors and was even capable to create the spirit of teamwork and introduce 19 new donors to giving the gift of life.

&#13

Its genuinely rewarding to be capable to offer the present of life to a person at a crucial time of need to have, Barker mentioned. I hope it encourages the new donors to continue our companys tradition of giving a portion of ourselves to aid other individuals and to change lives.

&#13

US Loan Auditors plans to hold yet another blood drive in the close to future to again support the community.

&#13

US Loan Auditors is not and has in no way been a loan modification firm, but alternatively is specialized in utilizing the science of forensic loan auditing to help victims of predatory lending and their legal counsel, uncover violations in the course of the loan documentation or loan origination approach.

&#13

Hundreds of US Loan Auditors buyers have gained the leverage they needed to file lawsuits that have helped some of our customers reduce the principal balance on their mortgage, reduce their interest rates, decrease their monthly needed payments, cease creditor harassment and some clientele have even been capable to cease foreclosure proceedings. Of course, the benefits may differ and are dependent on the details about an men and women circumstances. Greatest of all, an initial consultation is absolutely free.

&#13

For a lot more information about US Loan Auditors, or get a totally free initial consultation for your mortgage loan, please call 916-256-3991 or check out them on-line at http://www.usloanauditors.com.

&#13

Media Contact: &#13

Shane Barker &#13

Telephone: 888-55-AUDIT &#13

shane(at)usloanauditors(dot)com

&#13

# # #

&#13
&#13
&#13
&#13
&#13

Locate More Loan Modification Press Releases

Forensic Mortgage Auditors Expands Audit Focus to Incorporate “Choice Arms” and Reverse Mortgages. Serving Borrowers and Law Firms Nationwide

Posted on by

Miami, FL (PRWEB) December 14, 2009

The proportion of U.S. home owners who owe much more on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery. Practically ten.7 million households had adverse equity in their houses in the third quarter, according to 1st American CoreLogic, a genuine-estate information business primarily based in Santa Ana, Calif.

&#13

A lot more than 40% of borrowers who took out a mortgage in 2006 — when home costs peaked — are under water. Prices have dropped so considerably in some components of the U.S. that some borrowers who took out loans more than five years ago owe more than their home’s value.

&#13

These so-known as underwater mortgages pose a roadblock to a housing recovery because the properties are more probably to fall into bank foreclosure and get dumped into an currently saturated industry. Economists from J.P. Morgan Chase &amp Co. stated Monday they did not anticipate U.S. property rates to hit bottom until early 2011, citing the prospect of oversupply.

&#13

Property rates have fallen so far that 5.three million U.S. households are tied to mortgages that are at least 20% larger than their home’s worth, the Initial American report said. Far more than 520,000 of these borrowers have received a notice of default, according to 1st American.

&#13

Forensic Mortgage Auditors (“FMA”) is a business unit of Professional Witness Solutions, LLC. FMA by way of its staff of experienced mortgage specialists and its information evaluation division, can perform a forensic fact pattern evaluation on a mortgage transaction, moving from the initial application interview all the way through to the closing of the transaction. At every step of the procedure, FMA evaluates the transaction for full complaince with RESPA, TILA, FCRA, HOEPA, and other agency rules and regulations. Every instance of improper practice is identified and FMA will cite to the applicable regulation creating legal assessment less complicated for the borrower’s attorney.

&#13

Report turn-around occasions are rapid, and the reports are usually regarded to be litigation prepared. FMA’s work product can be combined with FRE Report VII qualified expert witness solutions available from FMA’s parent organization.

&#13

FMA provides solutions to Home Owners and Law Firms. If you are an lawyer, or if you or an individual you know is topic to a subprime mortgage, “Option Arm” , or a Reverse Mortgage exactly where concerns of suitability or compliance exist, speak to FMA at (877) 330-9111. Or go to their web internet site at http://www.expert-witness-solutions.com.

&#13

# # #

&#13
&#13
&#13
&#13
&#13

Far more Loan Modification Services Press Releases

US Loan Auditors Opens New Workplace in Santa Clara to Aid South Bay Victims of Predatory Lending

Posted on by


Santa Clara, Calif. (PRWEB) June four, 2010

US Loan Auditors, the premier California-primarily based forensic real estate loan auditing firm serving victims of predatory mortgage lending abuse, has opened a new workplace serving the South Bay/Silicon Valley area at 2055 Laurelwood Road, Suite 110 in Santa Clara.

&#13

We are excited to bring our services to the South Bay residents that had been victims of loan abuse and predatory lending, said Shane Barker, one particular of the founders of US Loan Auditors. There are several men and women we can assist in the region and we look forward to partnering with the San Jose/Santa Clara community. Weve already joined the CalAsian Chamber of Commerce.

&#13

Amazingly, earthquakes are not the greatest threat to the Bay Location. An estimated 47,000-57,000 Selection ARM loans with a value of $ 28 to $ 31 billion are located in the Bay Region. The financial threat is most of the loans are anticipated to be recast in the subsequent two years.

&#13

According to data from US Loan Auditors, 19.32 % of all loans originated in the Santa Clara and San Benito Counties between 2004 and 2008 have been so-referred to as Alternative ARM loans that have a history of demonstrated predatory lending and mortgage loan abuse. As of these days, a full 28.36 percent of these loans are now 60 days delinquent or in foreclosure.

&#13

The San Francisco Bay Location is a ticking mortgage time bomb, Barker stated. There are a lot of men and women in the South Bay that can really use our support correct now. Weve created fantastic strides helping people in Sacramento. Were really excited to be in a position to help folks in the Bay Location acquire the legal leverage to fight predatory lenders.

&#13

US Loan Auditors is not a loan modification firm, but instead they help victims of predatory lending abuse investigate their claims by employing the science of forensic accounting. They combine the principles of finance, law, banking and accounting to go soon after the abusive lenders and recover relief for California property owners.

&#13

Hundreds of US Loan Auditors buyers have identified relief from their lenders such as a decreased principal balance on the mortgage, lowering of the interest rate, a decrease in the month-to-month needed payment, stopped creditor harassment and some consumers have been in a position to stop foreclosure proceedings. Of course, the final results may possibly differ and are dependent on the information about an person case.

&#13

Greatest of all, homeowners that really feel they have been taken advantage of by a predatory lender can in fact get an initial consultation from US Loan Auditors at their new South Bay workplace for totally no price.

&#13

US Loan Auditors is committed to not only assisting home owners fight fraud, they are creating a distinction in their neighborhood via their charitable division called the USLA Care Campaign. If you know of a worthy local trigger, please let the USLA Care Campaign know by e-mailing care(at)usloanauditors(dot)com.

&#13

For much more data about US Loan Auditors, or get a cost-free initial consultation for your mortgage loan, please get in touch with (408) 775-7143 or check out them on the internet at http://www.usloanauditors.com.

&#13

Media Make contact with: &#13

Shane Barker &#13

Telephone: 888-55-AUDIT

&#13

###

&#13
&#13
&#13
&#13
&#13

Related Loan Modification Services Press Releases

US Loan Auditors Applauds California Lawyer Basic Jerry Browns Crack Down on Phony Loan Audit Scammers

Posted on by


Sacremento, CA (PRWEB) March 11, 2010

Scam Artists Request Upfront Fees, Home Title Transfers and Escrowed Mortgage Payments

&#13

US Loan Auditors announced these days that they are endorsing California Lawyer Common Jerry Browns crack down on phony loan audits and loan modification scam artists by warning California households that scammers are out to steal their challenging earned properties and money.

&#13

It is a shame that folks would setup a storefront and call themselves a foreclosure relief agency just to steal from regional households, said Shane Barker, one particular of the founders of US Loan Auditors. It is definitely essential that shoppers do their analysis into the organization they are functioning with and extensively check references just before assuming a firm has experts. We have in no way completed, and will never ever do loan modifications. Our audits are specially created for attorneys to take appropriate into court.

&#13

US Loan Auditors is not a loan modification firm, but rather is specialized in using the science of forensic loan auditing to aid victims of predatory lending, and their legal counsel, uncover violations in the course of the loan documentation or loan origination method. Buyers can rest assured that the principals of the firm have comprehensive mortgage business encounter and the firm backs up its knowledge by supplying a totally free upfront consultation for their forensic audit services.

&#13

Our audits are not performed with a loan modification in mind, Barker mentioned. We do the forensic loan audit to help give home owners the leverage they want in court, not for a loan modification. Beware of firms promising huge results following illegally collecting a huge upfront charge.

&#13

Along with a massive upfront charge, scam artists may possibly request the transfer of the title of the residence to the rescue firm generating the mortgage payments to the scammer instead of the lender and even prey on people that sign paperwork without meticulously reading the documents or obtaining an lawyer review them.

&#13

However, some men and women are becoming victims twice, Barker said. Please be conscious of the warning indicators of a scam artist and take measures to defend yourself, your house and your household from further threat.

&#13

An estimated 80 percent of the home owners with one or more of the following adjustable loans, choose a payment or selection ARMs, non speaking or limited English speaking, or stated loan transactions, might have been victims of predatory lending.

&#13

For more data about US Loan Auditors, or get a cost-free initial consultation for your mortgage loan, please get in touch with 916-256-3991 or go to them online at http://www.usloanauditors.com.

&#13

Media Get in touch with: &#13

Shane Barker &#13

2882 Prospect Park Drive, Suite 350&#13

Sacramento, CA 95670&#13

888-55-AUDIT &#13

shane(at)usloanauditors(dot)com &#13

http://www.usloanauditors.com

&#13

###

&#13
&#13
&#13
&#13
&#13