Mortgage Ownership Search – $275
Pursuant to the Real Estate Settlement Procedures Act and the Truth in Lending Act consumers have an absolute right to obtain the identity of the entity who owns their mortgage loan. Despite our many Requests for Information we find that mortgage servicers routinely conceal the name of the “investor,” i.e., the mortgage owner. As a result, consumers are unable to resolve disputes with the counterparty to their mortgage contract. MPA’s skilled analysts have access to private and public databases that enhance our ability to trace the ownership of your mortgage. This information is necessary to understand who has the legal right to enforce your note and mortgage.
CAVEAT: Due to the lack of transparency caused by the failure to record assignments of mortgage, we may not be able to trace the ownership history of your loan, or verify that the party seeking to enforce your note and mortgage is the legal owner. Ultimately, this may have to be determined by a court of competent jurisdiction. BUY NOW
COVID-19 Forbearance Review – $250
NEW: We now offer a COVID-19 Forbearance Review to determine if your mortgage servicer has accurately calculated the amount of principal, interest, and escrow items that were deferred during the pandemic. We know from experience that anytime there is a change in a mortgage loan account, the risk of error increases accordingly. If mistakes are made it’s best to correct them sooner rather than later. BUY NOW
Truth in Lending Analysis – $750
Our Truth In Lending Analysis is an invaluable tool designed to: check the accuracy of the lender’s material disclosures; detect violations that trigger the 3-year extended right to rescind the transaction; and identify predatory lending characteristics. BUY NOW
Requests for Information – $750
Under the Consumer Financial Protection Bureau’s (CFPB) amendments to the Real Estate Settlement Procedures Act (RESPA), consumers are entitled to send written Requests for Information (RFI) and Notices of Error (NOE) to their mortgage servicing company. A servicer’s failure to respond in a timely manner or to take decisive action to correct errors may result in violations that afford consumers actual damages, statutory damages, attorney’s fees and costs. Because of the strict timing and technicalities of the CFPB Regulations, we handle the administrative process for you and keep you updated on the timeliness of the servicer’s responses as well as identify potential violations that you may wish to pursue. BUY NOW
Notice of Error – TBD
When a servicer fails to comply with a Request for Information or RESPA’s loss mitigation requirements, a written Notice of Error describing these violations is appropriate. At times, MPA’s Notices of Error describe in great detail mortgage servicing abuses that can form the basis of a lawsuit. We charge by the hour for this service because it falls into the category of expert services. CALL FOR MORE INFORMATION
Case Opening Review – $1,075
Our Case Opening Review is an entry level service during which we examine your mortgage related documents, conduct research, and analyze the transaction to identify anomalies that should be further investigated. Once we have completed this process, we schedule a teleconference with you and your counsel to discuss our preliminary findings, answer your questions, and recommend next steps. Although no written report is generated, we will deliver any documents and data collected during our research session. BUY NOW
Financial Forensics Examination – TBD
Our Financial Forensics Examination is a dynamic mathematical analysis that allows us to “follow the money” and understand how the servicer is applying your payments to principal, interest, escrow, fees, suspense, custodial, and corporate accounts. This service is appropriate when you suspect that your payments have not been applied properly; when there are irregular changes to the escrow account; when you are in foreclosure or bankruptcy; and before you pay off the mortgage, or apply for a loan modification. CALL FOR MORE INFORMATION
Proof of Claim Analysis – TBD
Our Proof of Claim Analysis is specifically designed to assist consumers who have filed for protection pursuant to Chapter 13 and Chapter 11 of the United States Bankruptcy Code. This service begins with our Financial Forensics Examination which allows us to analyze the entire transaction history up to the date the bankruptcy was filed. We then analyze whether the proof of claim submitted by the creditor is accurate or inflated due to the servicer’s failure to properly apply the debtor’s payments according to the terms of the note; to manage the escrow account appropriately; or because it assessed improper fees and costs. (The filing of a fraudulent proof of claim carries a statutory penalty of up to $500,000.) CALL FOR MORE INFORMATION
Forensic Document Examination – TBD
McDonnell Property Analytics works closely with a variety of Forensic Document Examiners throughout the country who are qualified to provide an expert opinion regarding whether a mortgage note is an original, a counterfeit, or a forgery. CALL FOR MORE INFORMATION
Mortgage Fraud Investigation – TBD
Like identity theft and money laundering, mortgage fraud has been institutionalized because it is a lucrative, though illegal, profit center. Mortgage fraud can be perpetrated against real property, individuals, financial institutions, and investors. The detection of mortgage fraud requires an expert who possesses unique and specialized skills, knowledge, experience, education, training, and the integrity necessary to function in the financial forensics discipline.
The types of issues we discover when conducting a Financial Forensics Examination may reveal systemic schemes that affect hundreds if not thousands of consumers.
McDonnell Property Analytics provides consulting and litigation support services to attorneys nationwide; we also advise, train, and perform services for county registers of deeds, attorneys general, courts, and other governmental agencies. CALL FOR MORE INFORMATION
Expert Services – TBD
We offer a variety of expert services tailored to your specific needs. McDonnell Property Analytics is a recognized thought leader and innovator with over thirty-three (33) years’ experience in the evolution and practice of consumer-centric transactional analysis, mortgage risk assessment, forensic mortgage auditing, and mortgage fraud investigation. CALL FOR MORE INFORMATION