What is a loan forensics attorney?

Loan forensics is an occupation that's on the rise with the robo-signing debacle that stopped foreclosures from happening. A loan forensics attorney will comb through a mortgage holder's files and look closely for mistakes. The foreclosure rate causes the filing attorneys to make many mistakes that can be applied to the homeowner's advantage.

What a Loan Forensic Attorney Does

The attorney goes through the paperwork looking for mistakes. There are many simple clerical errors that are regularly made in foreclosure documents that can be exploited. Mistakes such as these can be used to the debtor's advantage in court. Judges want to see the law followed to the letter and are intolerant of sloppy mistakes.

However, it's not the judge's job to look for these mistakes unless they're glaringly obvious. Procedural issues that crop up in mortgage paperwork may not be caught by the judge. It takes the forensic attorney to find the errors and bring them to the attention of the court. Once the issue has been pointed out, the judge can rule against the plaintiff, in this case the bank, and buy time for the defendant, who is the debtor.

Hire a Lawyer to Defend your Mortgage

It takes someone educated in legal matters to know how to find mistakes in a loan document. Hiring a loan forensics attorney is a wise use of funds to either buy time or to assist with keeping the home.