What exactly is the securitization audit?
A securitization audit is the audit which is performed to inspect the operation and organization of the securities trust backing the mortgage loans. The audit is performed to get the evidence to bar the foreclosure. A comprehensive report is supposed to be handed over to the clients after the audit is performed. This detailed report is considered as an important tool for any attorney. Though this report is not capable of replace an expert witness in the foreclosure cases and on its own is never be able to stop the foreclosure
Findings of Securitization Audits
The findings that come out of any securitization audit performed by the experienced, qualified and expert auditor ensure that- mortgage was not enforced, the party which is taking attempt to foreclose does not have the right to do so, and there have been some undisclosed mortgage payments paid by the third party to the mortgage creditors, which have been unpaid wrongfully, have triggered foreclosure. The clients, individuals or the institutions need to approach reputed and reliable securitization audit companies to get the audit performed properly
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