A mortgage broker is the intermediary who brings borrowers and lenders together; however, the mortgage broker does not use their own funds to originate mortgages. Typically, a mortgage broker will coordinate and review the borrower’s paperwork, then relay these forms and documents to a mortgage lender for underwriting and approval. The mortgage funds are subsequently resourced by the mortgage lender. A mortgage broker will generally charge an origination fee and/or a yield spread premium from the mortgage lender for its services.
Experts in this discipline at ForensisGroup have more than years of experience in the field of mortgage escrow and real estate, with backgrounds in the processing of title insurance services, escrow closing, and mortgage broker operations. This includes the entire mortgage loan application and document review process, real estate contracts, contract disputes, and litigation transactions.
These mortgage broker experts consult in the calculation of real estate damages resulting from broker lack of due diligence, mortgage brokerage errors, broker ethics, broker standard of care, and mortgage commission disputes. They also work on matters concerning loan closings of residential and commercial real estate, lender transactions, refinancing, reverse mortgages, and foreclosures.
ForensisGroup has numerous highly qualified Mortgage Broker Expert Witnesses from which you can find the professional ideally suited for your matter. We have been providing the best mortgage experts in complex real estate issues for many years. Call us at (800) 555-5422 or Submit An Expert Request Form or contact ForensisGroup immediately to request the mortgage broker expert that you need.