What We Offer
Loss Mitigation Services specializes in mortgage banking risk assessment performed by seasoned auditors with real world mortgage banking experience. From our unique file review to the analysis of the entire application process, Loss Mitigation Services has the knowledge to understand and skill to assess the precise level of risk a mortgage banker is exposed to.The value added by Loss Mitigation Services is our ability to detect a larger conspiracy where systematic flaws in the loan process may result in multiple costly repurchases. Any mortgage banker participating in third party originations or with a large staff of loan officers should not be fooled into believing mortgage fraud has disappeared. Mortgage fraud has simply changed with the times.
Loss Mitigation Services then develops a strategy to minimize risk and design work processes compliant with lending industry standards in order to reduce repurchase requests due to fraud.
With over 50 years combined experience in mortgage lending,
Jim Larson and
Tom Eboli offer their mortgage fraud detection and prevention expertise to mortgage bankers through the following services:
1
File Review including appraisal, occupancy
and verification analysis
2
Loan Repurchase Analysis, Assessment
and Defense
3
Systemic Flaw Detection
4
Fraud Prevention Strategies
As the mortgage business evolves, so do the fraudulent scams. Mr. Larson and Mr. Eboli have contributed to multiple convictions as expert witness and consultants, working with the U.S. Department of Justice and local law enforcement.
These investigations provide an inside view on current mortgage fraud schemes. This cutting edge expertise, not unattainable by most auditors, allows us to uncover fraud missed by other mortgage professionals.
Through relationships with the FBI, U.S. Attorney Offices, HUD Office of Inspector General and serving on the U.S. Justice Departments Mortgage Fraud Task Force Loss Mitigation Services earns an inside view of where weaknesses reside in the mortgage industry and how to prevent losses for the mortgage lenders.
Contact Us
Loss Mitigation Services10425 W. North Avenue, Suite 246
Wauwatosa, WI 53226
Office: 414-308-1330
info@lossmitigationwi.com