Cost of a Forensic Audit

I would like to know what is the cost for a forensic document audit and what to look for when signing?

1 Answer

Typically one is interested in a forensic mortgage audit because they feel they are a victim of preditory lending, or are trying to place blame on a broker who put someone in a loan they could not "knowing afford" etc.  And typically one is looking at this as a way to stop a foreclosure or to use this as a tool to encourage a lender into a loan modification.   

But to answer the question directly - one is looking for violations of federal laws - disclosures not presented and signed, miscalculations or omissions or errors in the TIL statement.  An audit will go through the entire loan "package" from the 1003 application to final docs.  Cost -- $500 ?