Forensic Loan Auditing In 2006 the FDIC Office of Inspector General Report found 83% of the institutions examined were cited for significant compliance violations. You may be entitled to relief and damages, such as an interest adjustment to a lower rate and principal mortgage reduction and in some cases your mortgage contract may be rescinded. Most important a loan must be legal to remain enforceable! Who Needs A Forensic Loan Audit Individuals that have lost their home to foreclosure. Home owners currently in foreclosure. Loans that have been repeatedly sold to other mortgage companies. Home owners that suspect they were pushed into a fraudulent loan. So I Do A Forensic Loan Audit... Then What? That depends on your situation. If your forensic loan audit shows violations you will then send a documented audit of your loan documents and a complaint letter showing the potential legal and non-compliance errors entitling you to a return of illegal fees plus interest, principal rate reduction, interest rate reduction and/or loan term extension as needed and other remedies. A complaint letter is sent to the legal department, not the loss mitigation department pointing out violations and/or fraud found in the loan documents. We can direct you to how to do this yourself or refer you to an attorney. Armed with your audit indicating the violations, a settlement agreement can be made using the audit to support your claim.