Mortgage Audits Online, Inc.

Lender Compliance Services

FAQ OVERVIEWAbout MAOWhat is a mortgage audit?What is required to audit a mortgage?What are the benefits of using an audit for loss mitigation?Can an audit be used in a court of law if necessary?How do I become a MAO affiliate?

About MAO Mortgage Audits Online, Inc.

Established in 2008

B2B Company

Loss mitigation support

Full litigation support

Professional staff includes, CPA’s, SEC Auditors and Certified Fraud Examiner

What is a mortgage audit?

Securitization AuditDetermines the holder of the note in due course

Uncovers breaks in the chain of title

Reveals forgery or robo-signing of assignments

Provides evidence of no standing of a plaintiff to foreclose

Forensic Audit

Check of TILA Compliance

Check of RESPA Compliance

State and federal lending and licensing regulations

Analysis of original closing documents for underwriting flaws

How can I select loans that are more likely to have violations?

Securitization Audit

Loans originated between 2001 and 2007

Balloon, High APR and adjustable mortgages

MERS as a party

Toxic original lender

Forensic Audit

Loans originated between 2001 and 2009

Complete closing paperwork available

Signed and dated closing documents

Balloon, High APR and adjustable mortgages

What is required to audit a mortgage?

Securitization Audit

Note and/or Mortgage/Deed of Trust

Forensic AuditNote and/or Mortgage/Deed of Trust

Initial and Final TIL – Truth in Lending Statement

GFE – Good Faith Estimate

HUD/HUD-1 Statement

1003 – Original Loan Application

Notice of intent to cancel/Disclosures

What are the benefits of using an audit for loss mitigation?

START THE PROCESS TO STOP ACTION

QWR - QUALIFIED WRITTED REQUEST

The ability to began a negotiation from a position of knowledge and information regarding the owner of the debt

Stall any action during the fraud investigation process

Notify all parties of possible flaws in the servicing, underwriting, securitization and/or foreclosure process

Can an audit be used in a default or foreclosure court case?

A securitization audit that uncovers fraud can be deemed “Court Ready” with the addition of an expert witness affidavit

An audit support affidavit from MAO is prepared by a certified fraud examiner. A CFE is a standing member of the ACFE with extensive mortgage fraud experience, and holds a Master of Science in Economic Crime

B2B LITIGATION SUPPORT

B2B NEGOTIATION SUPPORT

EXPERT WITNESS

Register your company online

athttp://www.mortgageauditsonline.com/u

ser/register

Call us today

866-647-3452