Loan Servicing

Loan Servicing

SERVICE OVERVIEW

Loan Servicing Quality Control Reviews are reviewed in accordance with FNMA, Freddie Mac, VA, USDA, FHA and any other investor requirements as applicable. Inco-Check, Inc. will perform loan selections for audit reviews based on agency requirements. Routine and Default reviews will be completed based on the following servicing functions:  New Account Set-Up, Pay-Off Review, Escrow Analysis Review, Customer Service, Review, Loss Draft- 203K Rehabilitation Review, ARM Adjustments, Assumptions, Foreclosure, Bankruptcy, Loss Mitigation and Claims. Any discrepancies will be written up so that the deficiencies can be reported to the Quality Control client and corrective action taken as necessary. Our auditors review the file for any potential misrepresentation. Upon completion of the review, a loan report, completed Quality Control checklist, and supporting documentation for noted deficiencies are provided to the client. Additionally, monthly trending and summary audit reports are provided back to the client.