Your best tool to negotiate with your mortgage company, is the discovery of truth in Lending Act (TILA) violation, which in some cases, you give the right to withdraw the loan from the contract. State and federal laws require mortgage companies adopt specific guidelines to follow when originating home loans and mortgages as a result, many have TILA and / or ReSPA violations, which are used as a negotiating partner in the negotiation of tools for a loan modification with the mortgage company. Many of the home loans originated by brokers and lenders in recent years are unexplainable fees and charges or have been manipulated by overstating borrowers' incomes or inflation of the value of the property so that the lenders who illegally from the sale of mortgages to investors in the income – secondary market. Subprime mortgages with prepayment penalties and hidden interest rate adjustments or option ARM loans with minimum payment options allow borrowers to distinguish the interest at a point in the future, if the loan and a recasting of the forces of borrowers in trouble by paying a much higher mortgage payment. In most cases, refinancing is not possible due to declining property values, or high debt to income ratios. Only a Forensic Loan Audit to discover and document these violations, which may oppose the lender when negotiating a loan modification can be used. Another common violation occurs when the creditor can not cancel correctly indicate the right of the borrower. The right to rescind may be extended up to three years under certain circumstances. If the law is on three years of credit at any time before you can the three years to mean that the loan is treated as if it never existed to withdraw extended. This means that the creditor must refund all interest, all closing fees, all broker fees and even pay for your attorney fees. The extended right of rescission is a powerful tool for borrowers who are victims of predatory lending to help. While a mortgage Forensic Audit, we often TILA violations, which can be used as leverage in negotiations on discovering a loan modification. This is not intended to be regarded as legal advice.