Miami, FL / February 28, 2010 / --  MCG LLC brings the auditing expertise of reviewing $5 billion in mortgage loan products along with 20 years of underwriting and credit risk management. 

Ms. Dixon states, "Industry specific issues can be difficult to detect.  It takes an expert to identify the origins of those problems, or if they are in fact present. An MCG LLC audit will identify originator or borrower fraud, underwriting compliance errors, and if the errors were intentionally or negligently committed."  Some of the more complex breeches identified by MCG LLC include administrative error, representations and warranties or mortgage-backed securities violations or misrepresentations and other mortgage contract breeches, just to name a few. 

"This new division will enhance our capabilities and help identify developing risks and trends in the financial markets," said Dixon.  "Forensic auditing, reporting, legal services in a single group, this new unit will foster a fresh approach to exchanging ideas and providing client expertise."

Dixon continued, "I am pleased our vast understanding of the complexities of the mortgage markets will be put to good use on behalf of clients as we launch this new division."

The crash of the mortgage and real estate markets have resulted in a new wave of mortgage fraud unlike anything experienced historically.  These factors have transformed both capital markets and corporate governance.  MCG LLC uses an interdisciplinary approach that is informed by law and modern finance and compliance, as well as developments in real world products and practices on Wall Street and Maim Street. 

The new division will continue its affiliated relationships with the International Association of Financial Crimes Investigators, the Association of Certified Fraud Examiners, the Paralegal Association of Florida, and the Florida Quality Council all of which Ms. Dixon is a board member.  These alliances, in addition to other key relationships established over the previous two decades in the industry allow MCG LLC to provide strategic and long-term market projections; identify new developments and trends in financial markets and systemic risk; make recommendations as to how these new developments and trends affect the legal and lending industries and provide training on new developments and trends and other matters. 

From high level complex mortgage pool agreements to lender guidelines utilized for a single mortgage loan approval, lending contracts can contain hundreds if not thousands of pages.  Our experts provide a full range of audit support services including document and appraisal fraud reviews, federal and state compliance testing, and mortgage pooling and sales agreement investigations that allow out clients to increase efficiencies and reduce billing rates while providing an extra layer of expertise in their legal or law enforcement investigation.  

Visit Mela Capital Group online at http://www.melacapitalgroup.com or call (954) 675-2319.

About Perfect Home Living 

Perfect Home Living is a nationally recognized non-profit leader that assists in implementing programs and providing training and education to financial lenders, government entities, banking regulators, consumers and licensed professionals to red flags within today's  real estate market.   For more information or to request assistance please visit us online at:  http://www.PerfectHomeLiving.com or email sheri@perfecthomeliving.com