California Debt Relief Lawyers
Attorneys practicing in Debt Relief Debt Relief Case Evaluation Contact the law offices of New Horizon & Associates LLP
Debt Relief Practice Areas
Foreclosure Defense
Short Sale Deed in Lieu
Loan Modification
Bankruptcy
Chapter 13
Chapter 7
Loan Audits
Foreclosure Loans

Mortgage Loan Audits

Mortgage loan audits are a valuable tool in the face of foreclosure or when a homeowner is considering a loan modification, short sale or deed in lieu of foreclosure. During this formal examination, our skilled legal team may uncover a violation of your rights or some form of predatory lending that may be grounds for bringing litigation against the lender, in assisting you in resolving an issue involving a loan modification, or in helping you avoid foreclosure.

At the Law Offices of John Ribarich, we represent homeowners throughout San Bernardino, Los Angeles and Ventura who are facing foreclosure or who are seeking the services of a skilled auditor to review their mortgage documents. In auditing your mortgage loan, an attorney at our firm will gather your loan documents, interview you regarding your experience and what occurred, and then conduct a complete analysis in order to expose any violation that may have occurred in relation to your mortgage transaction. These violations happen more frequently than one may think, and may include:

  • A breach of contract on the part of the lender
  • Excessive fees, such as excessive prepayment penalties
  • Predatory lending practices
  • Failure to disclose material facts to the borrower
  • Fraud or misrepresentation
  • Violation of federal laws regarding mortgage lending
  • A violation of a "good faith estimate" of closing costs a borrower may be expected to pay
  • Failure to disclose the annual percentage rate (APR), term of the mortgage loan or closing costs

Attorney for Mortgage Loan Audits in San Bernardino, Los Angeles and Ventura

In addition to conducting a thorough and professional mortgage loan audit, an attorney at our law firm can talk to you about what you are experiencing and offer you invaluable information and advice that will help you make the right choices about your case and financial future.

Interested in a mortgage loan audit in Los Angeles, Ventura or San Bernardino? Contact a lawyer at our offices today.





Click here to be connected to a professional debt relief attorney.
California Attorneys
Contact The Law Offices of John Ribarich
Site Map

Attorney Web Design The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Address: 15223 Burbank Blvd.    Sherman Oaks, CA 91411    Phone: (877) 306-6343

Further Disclaimer: By now, you may have made your own attempts at loan modification. You now know what we have known: Despite all the government and media hype, the voluntary loan modifications are not the silver bullet to the foreclosure crisis. Even after President Obama introduced the HAMP program, only about 8% of the anticipated 9 million loan modification applications have been considered. Never forget that lenders and loan servicers are in the business of making money for their shareholders, not solving people’s financial problems. Despite the incentives created by the government, loan servicers remain inconsistent, negligent, understaffed, arrogant and just plain indifferent to the financial plight of most folks. If you’ve ever wondered why the bank doesn’t seem to care? Consider that it is the investor, not loan servicer, takes the financial hit when a property is foreclosed. Loan servicers make more money when a borrower falls into foreclosure. Servicers have an incentive to drag out the foreclosure and loan modification process. Despite what the government and the lenders may say, the loan modification or short sale process is not as quick and easy as has been portrayed.

VIOLATIONS CAN GIVE YOU LEVERAGE to secure a “SETTLEMENT”, not a LOAN MODIFICATION.

Whether hiring a lawyer will increase your chances for success a little or a lot depends on whether the lender has done something wrong. This is why Attorney Ribarich encourages every client to commission an audit of the original loan documents, review the appraisal and take measure of any agency relationships between the broker, the lender, the appraiser, the escrow and the title companies. Anecdotally, Attorney Ribarich believes that your chances of success increase fourfold if there is litigation or bankruptcy. Hiring a lawyer to review your options and handle the process makes sense. Your chances of obtaining a substantial loan modification will be greatly improved if the lender has violated the law…but how will you ever know? A lawyer can help you gain negotiating leverage on your behalf by finding violations of the law or capitalizing on provisions of the bankruptcy code.