From the monthly archives:

April 2009

Remember: Check With Your State Laws

by mlr@rrnllc.com on April 8, 2009

In most states, you’re 100% OK to do loan modifications, loan audits, etc.  There are licensing requirements in some states however, and you want to ensure that we know where you can and where you can’t open up a loan audit or modification practice.  The information on this site is geared to attorneys, and in every state you’re able to do this–but for non-attorneys, you need to check on state loan modification and loan audit business requirements.

Remember: Loan audits can be brought in house.

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Foreclosure Prevention Schemes Not Working, Loan Audits Necessary

April 4, 2009

From the April 4, 2009 Washington Post

Mortgage lenders have boosted their foreclosure-prevention efforts, but homeowners nonetheless are increasingly falling into delinquency even after receiving help on their loans, according to a government report issued yesterday.
The report, by the Office of Thrift Supervision and the Office of the Comptroller of the Currency, which regulate mortgage lenders, [...]

Read the full article →