There seems to be a lot of buzz on the web about mortgage modifications. Seems there are some firms that are specializing in “forensic loan” examinations. These firms are looking for respa violations that may have happened during closing of a loan that may give the borrow some leverage in renegotiating their mortgage. Not sure how effective these investigations are. I’m sure they are not done for free and I am wondering if the subsequent modification is really worth the trouble. I am wondering also if there are violations found, if the title agent has any culpability and what their level of liability is.

As always your comments are welcome.

Art Oswald

www.learntitle.com, LLC

551 404 5341

The richest man is not the one with the most stuff – it is the one with a satisfied mind.

Posted via email from Title Insurance
Continuing Ed for Title Agents

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Mortgage Modification

April 2, 2009 admin

There
seems to be a lot of buzz on the web about mortgage modifications. =
Seems
there are some firms that are specializing in “forensic =
loan”
examinations. These firms are looking for respa violations =
that may
have happened during closing of a loan that may give the borrow some =
leverage
in renegotiating their mortgage. Not sure how effective these =
investigations
are. I’m sure they are not done for free and I am wondering =
if the
subsequent modification is really worth the trouble. I am =
wondering also
if there are violations found, if the title agent has any culpability =
and what
their level of liability is.

As
always your comments are welcome.

Art
Oswald

www.learntitle.com,
LLC

551
404 5341

The
richest man is not the one with the most stuff – it is the one with a =
satisfied
mind.

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Continuing Ed for Title Agents

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