Mortgage fraud has become more common since the real estate bubble despite a mountain of new regulations. In a mortgage fraud case lawyers alone frequently do not have all the necessary knowledge and information with respect to the mortgage industry. They need support to deal with the complex mortgage market and their best option is to hire an expert witness. The services of an expert witness can be obtained by a lender, borrower, mortgage broker, loan officer or any individual who is under investigation for mortgage fraud. Hiring an expert witness is very important as mortgage fraud cases that go to trial require a jury be completely informed of a very complex and changing industry in terms they can easily understand.
Here are a few ways an expert witness can prove to be helpful in a mortgage fraud case.
Expert Witnesses Can Bring All The Facts to Light
Expert witnesses can be extremely helpful in a mortgage fraud case. They are experts and have years of experience in the mortgage industry. Such experts can analyze transactions and illuminate all the facts of the transaction from beginning to end. These facts can frequently have a very positive impact on your case. These facts can go completely undetected without the services of a mortgage expert that result in diligent research and investigation. In addition, they are knowledgeable of the rules and regulations that pertain to the mortgage industry throughout a specific timeline. These factors make expert witnesses a vital and powerful tool in a mortgage fraud case. A mortgage expert witness can be the difference between a negative and positive outcome in court.
Years of Experience in Writing Reports
Expert witnesses have a vast experience of writing reports that may be used in pre trial discovery or ultimately in a court of law. Their experience and expertise enables them to be persuasive, diligent and easily understood. These reports are authentic, trusted and make sure all the facts are brought to light.
Hiring an expert witness may prove to be the difference between winning and losing your mortgage fraud case. Having an expert witness on your side can improve your chances of success significantly. Let Mortgage Defense help you with your case. Contact us today for a consultation and more information. 704-574-0364