Full foreclosure audit

Purpose of a Complete Foreclosure Audit

A complete audit serves several critical purposes:

1. Identify Legal Defenses
   Provides solid evidence to fight foreclosure actions by showing violations of federal and state laws.

2. Verify Ownership and Standing
   Determines if the foreclosing party legally owns the mortgage and note, which is essential to have standing in court.

3. Expose Fraudulent Activity
   Uncovers forged documents, robo-signing, and predatory lending practices.

4. Support Loan Modifications or Settlements
   Provides documentation to negotiate more favorable terms with the lender.

5. Recover Surplus Monies or Vacate Judgments
   Assists in filing motions like CPLR § 5015(a)(3) or motions to vacate based on fraud.