Repurchase Defense
Pyramid Quality Assurance, LLC provides resolution solutions for complex loan repurchase demands and mortgage insurance rescissions. We assist the lender in writing the “Lender Rebuttal” in response to a repurchase demand and/or indemnification from Investors, PMI companies, and HUD. PQA creates a comprehensive written analysis of the loan file and additional documentation specifically addressing the issues raised in buyback demands, indemnification demands or insurance rescissions.
With our extensive experience, we have handled many different types of claims, including:
- Undisclosed liabilities
- Misrepresentation of income or employment
- Misrepresentation of credit
- Identity theft and/or Social Security number discrepancy
- Misrepresentation of assets
- Misrepresentation of occupancy
- Misrepresentation of property value
- Property flips based on inflated appraisals or other false characteristics
- Misrepresentation of the subject property characteristics or comparables
- Sale of fraudulent loans or double selling of loans
- Mishandling of escrow funds or custodial accounts
- Diversion of sale proceeds
While these allegations may seem insurmountable, we have successfully rebutted claims like these and many others in a large percentage of cases.
We work with you to get results!
Let PQA be your Total Repurchase Defense and Quality Assurance Solution. Let us show you how.
