Rhombus Technologies Inc.__________________________________________________Forensic Loan AuditOur Commitment!We are committedddd to doing the besbesbesbest forerererensic loanaudits.audits.TThishisinformationisisininvaluabletotohomeownerscurrently facingacing mortgage issuesissues and thosethose thathat havebeenvictimsofpreeddddatoryllldldenending.ing.KKnnowiinngthefactsactsand solutionssolutions isis the hhomeowneromeowners ffirirsstt sstetep ininidentifygying afafffordabable le and ssaaffe solutions toto kekeepfamilies inin their hhomesomes,, withwith payments they cancanafffoord.Call us @ 1-877-869-7950Whatt You Will Learn1) WhaWhatisaFaFoorerenssiicLLoanoanAudit?2) WhaWhatisprpredatororyyllending?ending?3) HowHowHowHowdoYOYOYOYOU getaFORENNNNSICLOANAUDIIIITTTT?Call us @ 1-877-869-7950What isis Forensic Audit?• A processocess which deteerminesrmines whewhether or not therthere were any violationstions on your original loan• Common Violations:– RESPA (Real Estate SeSettlement & Procedures Act)Act)– TILA (Truth In Lending Act)– Individual StState ViolationsCall us @ 1-877-869-7950HaHave yoyou been a victim of Predatoryory Lending?What is predatory lending? It is unfair,, deceptive oor r fraudulent practicesduring the loanloan process.process.Predatoryoryllendingendingccaanbbe ebrokendownttoothreecatecateg gooriesries– MortgageOriginationion– MortgageSerSerSerServicing– MortgageCollectionandForreeclosureCall us @ ...
Rhombus Technologies Inc. __________________________________________________
Forensic Loan Audit
Our Commitment!
a u d i t s . T h i s i n f or m at i o n i s i n v a l u a b l e t o h o m e o w ners curr e n tly f a c i n g m o r t g a ge i s s u e s a n d th o s e t h a t h a ve e e n v i c t i m s o pre datory endi n g . K now i ng t e acts a n d s o l u t i o n s i s t h e h o m e o w n e r s f i rs t s t e p i n identif in a f f or d a b l e a n d s a f e s o l u t i o n s t o k e e families i n t h e i r h o m e s , w i t h p a y m e n t s t h e y c a n afford .
Call us @ 1-877-869-7950
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What You Will Learn
a F or en sic L o a n A u d i t ?
p r e d ato r y l e n d i n g ?
Call us @ 1-877-869-7950
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What is Forensic Audit?
A process which determines whether or not there were any violations on our ori inal loan Common Violations: RESPA (Real Estate Settlement & Procedures Act) TILA (Truth In Lending Act) Individual State Violations
Call us @ 1-877-869-7950
Have you been a victim of Predatory Lending?
What is redator lendin ?
I t i s unfair , d e c e p t i v e o r f r a u d u l e n t p r a c t i c e s d u r i n g the l o a n p r o c e s s .
P r e d ato r y l e n d i n g ca n b e b r o k e n d o w n to t h r e e c a t e g o r i e s M o r t gage O r i g i n at i o n
M o r t gage C o l l e c t i o n a n d F o r e c l o s u r e
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Predatory Lending Practices in Mortgage
Excessive Points Charging fees not allowed or for services not delivered Providing a low teaser rate that adjusts to a rate you cannot afford Successively refinancing your loan or flipping Steering you into a loan that is more profitable to the mortgage originator ang ng t e oan terms at c os ng or a t an sw tc Closing in a location where you cannot adequately review the documents S e r v i n g alcohol prior to closing hin minim m in m r n r l n h will qualify for a certain amount Securing an inflated appraisal Receiving a kickback in money or favors from a particular escrow, title, appraiser,
Promising they will refinance your mortgage before your payment resets to a higher amount Having you sign blank documents Changing documents after you have signed them Loans with prepayment penalti C e a s ll u o s r @ b 1 a -l 8 l 7 o 7-o 8 n 69 -p 79 a 5 y 0 ments
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Predatory Lending Practices in Mortgage Servicing
Applying payments to Suspense Jamming illegal or improper fees reat ng an escrow or mpoun s account not a owe y t e documents Force placing insurance when you have adequate coverage Improperly reporting negative credit history Failing to provide you a detailed loan history
Mortgage Collection & Foreclosure is the process lenders use when you pay off your loan or when your house is re ossessed for non ‐ a ment.
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Predatory Lending in Collection & Foreclosure
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Producing a payoff statement that includes improper Foreclosing in the name of an entity that is not the true owner of the mortgage Failing to provide Default Loan Servicing required by all Fannie Mae mortgages Fraud on the court Failin to rovide co ies of all documents and assignments Refusing to adequately communicate with you
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Change your situation.
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FORENSIC LOAN AUDIT
Provide all the documentation needed! All forms filled out and signed: Authorization (signed & dated), Financial
Most recent 1 month of pay stubs Most recent 1 month of Bank Statement (all pages ) Most recent statements supporting assets listed on pg 2 of Barrowers Asst. Form . 4506-T Proof of income for other household members living in the home (alimony, child support, pension etc.) -If loan is non-escrow (taxes and ins not included) -proof of payment of most recent taxes -proof of payment of homeowner’s ins. - r f f m nt f H f NON-OWNER OCCUPIED--rental income w/ copies of rental agreement -PITI & Mortgage Holder(s) for Prime Residence -Primar Residence Address * Additional documents may be required.
Call us @ 1-877-869-7950
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For Self Employed
Please provide the following:
Completed document checklist form P & L Statement/ Audited or reviewed YTD Income statement ’ Last 4 months of complete business and personal Bank Statements Most recent statements supporting assets listed on pg 2 of the ’ Length of time of Business Ownership Proof of income for other household members living in the home
considered for a loan workout. Proof of occupancy- recent utility bill in your name at the property.