Mortgage Basics
MSP Basics
Intro to REO
MCS
Wolverine
100
Ensures we have clear understanding of investor guidelines
What is Product Lab?
100
screen used to record appraisal results
What is REO1/APPR?
100
Main loans managed by REO team
What are Schwab and Rockpile?
100
Tab to navigate to to find out if damage is at the property
What is Damages?
100
you will find the trending alerts here
What is the Home screen??
200
Audits our Servicing functions to ensure guidelines are met
What is Servicing Risk?
200
Screen used to record BPO results
What is REO1/MARK?
200
Listing period for Schwab
What is 120 days?
200
you click on this to stop inspections or preservation
What is Stop Work?
200
To order an inspection, click on this tab
What is Inspection order?
300
Monitors and pays client's taxes and insurance
What is Escrow?
300
template for completing REO steps
What is REO3?
300
Listing period for Rockpile
What is 90 days?
300
Tab to search a loan
What is Property Manager?
300
To see what loans are FTV, you will check this tab
What is Reports?
400
Collects and applies monthly payments
What is Payment Services?
400
Screen used to activate a template
What is REO1?
400
Securing, maintaining and cleaning the property is part of this process
What is Marketable Condition?
400
An inspection work order begins with these two letters
What is "IN" ?
400
tab to order snow removal
What is P&P Order?
500
A promise to pay
What is a Note?
500
Screen used by REO team members to document the loan
What is REON?
500
responsible for inspections, securing and repairing the REO property
Who is the realtor?
500
If a work order is stopped by a team member or the vendor, this letter is placed in front of the work order number
What is "S"?
500
name of the web portal for Wolverine preservation sight
What is HAVEN?
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