Forensic Reviews & Repurchases
Not all mortgage loans perform as expected, and we can clarify why. At IngletBlair, we have a seasoned and skilled forensic review team that can conduct a Forensic Audit and Contractual Terms ("FACT") Review for any under-performing or non-performing mortgage loan. Each FACT Review includes a thorough review of the following:
- Credit review / re-underwriting
- Regulatory compliance review
- Appraisal / value
- Pay history and collection comments
- Fraud review
- Data integrity
- Loan sale and/or purchase agreement
The results of our FACT Review present a clear, unbiased picture of each loan, which we will then compare against the contractual terms. If there is a legitimate and material breach of the representations and warranties, we will supply the reason(s) for repurchase and, if needed, generate claim letters, negotiate recoveries, and manage the entire process to closure on your behalf.
Additional Review Services
Defend Repurchase Claims
Good loans can still go into default, and you should not have to support a loan's performance beyond your contractual obligations. IngletBlair can utilize our FACT Review to identify and defend against frivolous repurchase claims. We can also provide you with a clear and concise rebuttal and, if necessary, handle the defense on your behalf.
Negotiate Repurchases or Settlements
If you are short-staffed or need some transactional assistance, IngletBlair has a dedicated, experienced transactional services team that can review your inbound or outbound repurchase claims, provide a realistic assessment of the claims and help you negotiate a settlement. We free you from the potential of protracted legal battles and allow you to move forward.