Loan file review services
Scienna’s team has extensive experience in a wide range of residential mortgage audit and file review services. Our firm has recently released and utilized our proprietary mortgage data collection system in the field. Engagement types include:
- Acquisition Due Diligence
- Sale Preparation: Data scrub, file standardization, dataset preparation
- Sub-Performing Assets: “Scratch and Dent”, Sub-performing, Non-performing and Re-performing loans; loans in Foreclosure and/or Bankruptcy; REO (See our Distressed residential loan analysis and valuation services)
- Credit Underwriting and Quality Control
- Regulatory Compliance
- Put-Back Reviews: Material data discrepancies, Loan Purchase Agreement review (reps and warrants), origination errors (incl. compliance, APR), pattern fraud, servicing and ARM administration
- Data Collection / Data Integrity Review