Author name: auditnew

Forensic loan auditing is an essential service for anyone who is struggling with mortgage payments, facing foreclosure, or otherwise concerned about their mortgage. This type of audit involves a thorough review of your loan documents to identify any errors or violations that may have occurred during the loan origination process. By uncovering these errors, a […]

The process of forensic loan audits has become an essential part of the mortgage industry, aimed at identifying potential errors, discrepancies, and violations in the loan origination and servicing process. The main objective of forensic loan audits is to provide borrowers with a comprehensive analysis of their loan documents and identify any legal violations or

Foreclosure is a scary prospect for any homeowner. The thought of losing one’s home and all the equity and memories associated with it can be overwhelming. However, many homeowners may not realize that they have options when it comes to foreclosure. One such option is a forensic loan audit. A forensic loan audit is a

The process of obtaining a mortgage loan can be a complicated and overwhelming experience, with borrowers often relying on lenders and other professionals to guide them through the process. Unfortunately, errors and violations by lenders can occur, which can result in borrowers experiencing financial difficulties or even losing their homes. This is where a forensic

Loan accounting reporting processes are critical for financial institutions to assess the health of their loan portfolios and make informed decisions about lending practices. However, these processes can be complex and time-consuming, especially for institutions with large loan portfolios. Inefficient loan accounting processes can result in inaccurate or inconsistent loan accounting records and reports, which

A forensic loan audit is a comprehensive review of a borrower’s mortgage loan documents to identify any errors or violations that may have occurred during the origination or servicing of the loan. This type of audit is typically conducted by professionals with expertise in mortgage lending and regulatory compliance, such as forensic loan auditors or

Loan classification is a critical component of the loan management and accounting process for financial institutions. It involves categorizing loans based on their risk profile, credit quality, and repayment status. Accurate loan classification is essential for proper loan management and accounting, as it provides lenders with a clear understanding of the risk associated with each