If a mortgage-backed home purchase invoice is lost, the borrower should immediately contact their mortgage lender or servicer to request a replacement. The lender can provide a certified copy of the original document or issue a substitute letter confirming the loan terms, including the purchase price, loan amount, and closing date. Additionally, the borrower should contact the closing attorney or title company involved in the transaction, as they typically retain records and can assist in retrieving the lost invoice. The borrower must also file a report with the Federal Trade Commission (FTC) via and monitor their credit report for unauthorized activity.

Losing a mortgage invoice can expose the borrower to financial risks, such as disputes over loan terms or identity theft. According to the FTC, approximately 3.4 million identity theft cases were reported in 2022, with financial fraud accounting for 43% of all cases. Missing documentation may also delay loan modifications or refinancing, as lenders require proof of original closing details. The Consumer Financial Protection Bureau (CFPB) notes that 12% of consumers experience document-related issues during homeownership, often leading to prolonged resolution times. Under the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA), lenders are obligated to provide borrowers with clear, accessible documentation. Proactively securing replacements and reporting discrepancies helps mitigate fraud risks and ensures compliance with regulatory standards. For example, the 2023 CFPB survey revealed that 65% of borrowers who lost key documents waited over a month to address the issue, exacerbating potential complications. Thus, prompt action is critical to safeguarding financial interests and maintaining legal clarity.