Mortgages are loans for real estate properties; they are paid for with a series of future payments. After the agreed set of payments are made, which can span over a course of years, the real estate would then be under the ownership of the payer. If the payer cannot pay the mortgage, the property would be foreclosed. The details of a mortgage-related lawsuit may become complicated due to several different economic details, making the finding a mortgage expert witness a crucial aspect of your case.
As with any type of loan, the failure to make the agreed payment may result in complex litigation, leading to an evaluation of the real estate lending and real estate transactions as initially agreed upon by each involved party. Mortgage expert witnesses may also be called upon to assess whether the agreement met the required mortgage industry standards, be it intentional or otherwise, as mortgage fraud may be found via document examination.
Mortgage expert witnesses may be licensed and/or certified in several related areas, such as brokerage, underwriting, forensic examining, and other financial disciplines. These skills are very important, as the lender liability, loan commitments, good faith, bank documents, and credit analysis, among other details, are often considered in mortgage-related lawsuits.
ForensisGroup has a successful history of matching attorneys with the experts they require for real estate and banking litigation. Call us today or submit an expert request form to retain a highly qualified mortgage expert witness for your case.