Consumer Mortgage Audit Center Becomes NACA's Forensic Auditing Team

November 5, 2009

Organizations Work Together to Help Homeowners Save Their Dream Of Homeownership

FORT LAUDERDALE, Fla., Nov. 5 /PRNewswire/ -- As the Neighborhood Assistance Corporation of America's (NACA) forensic auditing team, the Consumer Mortgage Audit Center has performed more than 600 forensic mortgage audits, helping homeowners facing foreclosure keep their homes and those in unaffordable mortgages modify their loans, during the Fall installment of NACA's "Save the Dream Tour."

During the tour, the Consumer Mortgage Audit Center joined NACA in helping homeowners in Atlanta, Los Angeles, Phoenix, San Francisco and Las Vegas. The events held in September and October brought hundreds of thousands of homeowners with unaffordable mortgages together with consumer advocates and all the major mortgage lenders and servicers to restructure their mortgages and make them more affordable.

"While we typically work direct with foreclosure defense attorneys and loan modification companies to help homeowners defend their foreclosures or negotiate new terms for their mortgages, becoming NACA's forensic audit partner has allowed us to work in the same room with homeowners and consumer advocates to set the industry standards for same-day loan restructuring," said Sylvia Alayon, vice president of operations of the Consumer Mortgage Audit Center. "As one of the pioneers in the mortgage auditing space, NACA provides us the opportunity to give more people access to our audits and to change their lives."

As a part of the extensive array of benefits provided, NACA members can request a free Consumer Mortgage Audit Center forensic mortgage audit at www.cmacaudits.com. Those who are not NACA members can have their attorneys, consumer advocates or loan modifiers reach the Consumer Mortgage Audit Center for forensic audits by calling 800-467-1909 or visiting www.truthinaudits.com.

The Consumer Mortgage Audit Center (www.truthinaudits.com) is a due diligence and consulting company specializing in the field of mortgage forensic research and analysis. CMAC boasts a highly specialized team of mortgage experts who are also members of the American College of Forensic Examiners Institute and represent a combined experience of over 100 years in mortgage finance and law.

    Media Contacts:
    Shelley Pfaendler / Charlotte Maumus
    KCSA Strategic Communications
    212-896-1248 / 212-896-1269
    spfaendler@kcsa.com / cmaumus@kcsa.com

SOURCE The Consumer Mortgage Audit Center