Full Collateral File Reviews
DocSolutionUSA is experienced in running full reviews for real estate loan files, auto loans and personal (unsecured) loans by utilizing One Diligence’s software platform. DocSolutionUSA is currently a vendor for large services on Claim 22 assignment to HUD for reverse mortgages running servicing, collateral and compliance package reviews both for on-boarding, servicing transfers and > 80% MCA files. One Diligence’s software platform allows for automation of indexing, bookmarking, data extraction and automated QC to run on custom rules created for each workflow individually.
Our expertise include review of:
- Notes and Allonges
- Mortgages
- Riders
- Assignments
- Subordination Agreements
- Modifications
- Title Policies and Endorsements
- Mobile and Manufactured Home Conversion Documents
- Insurances (hazard, flood, mortgage, pool, wind, force placed)
- Loan Application and Addendums
- Appraisal, Endorsement of Value and Repair Completion Inspections
- HUD-1 Statement
- Name and Signature Affidavits
- Occupancy Review
- HOA/COA Cert and Policy
- Property Tax Statements and Deferral Plans
- Power of Attorney, Life Estate, Trusts, Conservators, Guardianship, Probate
- Bankruptcy
- NBS (non-borrowing spouse) Review
- Leaseholds and Land Contracts
- Car (auto) Titles
DocSolutionUSA can create a custom review of collateral documents specifically for clients’ needs. Additionally, DocSolutionUSA offers curative plug-ins for solving issues found during the review. DocSolution offers custom grading and exception reporting on each finding during the review.