Valuations
EA Worksheet
EA Logic
Procedures
Exceptions
100

Acronym RDP

What is Recommended Dispostion Pricing

100
The field you check to see if an RDP is required
What is "Val Rev Needed" field
100

The DPD when Liens enter the EA Process

What is 90 DPD

100
The comment log code placed on account in MSP for a FCL/Walk Recommendation
What is FAEAFC and FAEANE
100

What are 2 Non-System Generated Exceptions

What is High CLTV and Value Variance

200

RDP Rule you can always Override

What is "Walk where UPB >$100,000"

200
The minimum recapture amount required if you Sr Lien Payoff is $300,000 for a FCL recommendation.
What is $30,000
200

The application that drives the logic for MSP loans to come into the EA process.

What is PFA

200

What screen do you access to determine whether there is Negative Escrow

What is SER1

200
Causes a "Forced Exception"
What is a Paid in Full Readvance
300
What you place the loan on when valuations has not resolved your issue in 48 hours?
What is "Value Hold"
300
The field applied to the current value to come up with the Disc Value
What is the Haircut %
300

The minimum recapture amount required for a FCL recommendation on a 1st lien and % Required for 2nd Liens

What is $10,000 and 10%

300

What you would file if there has been a PIF/Re-Advance

What is an FCOI

300
The two Insurance Products that you file when out of intended lien position (if available)
What is 2MP and IT
400
The email box you send BPO Issues
What is qa.value@......com
400
Of the three values in the EA worksheet this is used for the EA Decision Logic
What is the Disc Value
400
The minimum UPB required for an EA to be completed
What is $15,000
400

What are the names of the 3 fields commented on in P195

What is Escrow Advance, MTGR Recoverable Corp Advance and 3rd Recoverable Corp Advance

400
What's required to comment on All Lien Position Exceptions
What is the intent at origination
500
The 5 points to verifying a BPO
What is the Vendor, Date, Collateral Address, As-Is Value, and Photos
500
The two radio buttons that will always drive a "Walk" recommendation
What is Lost to Sr Sale and Short Sale Complete
500
The most common 1st Lien UPB Matrix Threshold
What is $125,000
500
The 3 field that are updated in MSP COL1 and SAF1 when the loan is approved for a Walk
What is Man Code "W", No Analysis "W", and Disb Stop "5"
500
The % that triggers a High and Low SR LTV Exceptions
What is 95% for Hight Sr LTV and 20% for Low SR LTV
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