Condition Review

Bust a Cap(silon)

100

The color of the dot for documents uploaded by a broker

Pink

200

What you do with "Miscellaneous" documents

Rename or Recycle duplicates

300

This is where broker comments can be found

Originator Thread

400

The portal brokers upload documents into (what brokers know it as)

POWER portal

500

In Encompass, the "user" that triggers Additional Condition Review when a broker uploads documents 

(must be exact)

Capsilon Service Account

URLA (not the town in Turkey)

100

Also Known As

1003 or Uniform Residential Loan Application

200

This part contains the proposed housing expenses

URLA Part 1

300

BLEGL02 typically asks for signatures from these individuals

Borrowers and Loan Officer

400

The number of parts in an URLA

6 - 1003 URLA Parts 1-4, Lender, & Continuation

500

Where to find a list of Real Estate owned by the Borrower(s)

1003 URLA Part 3

All Encompass(ing)

100

Go here to find the list of required broker fee invoices

2015 Itemization

200

This is home to all of the Underwriting Conditions and documents

eFolder

300

These show up when disclosures come in

Green Messages

400

Information included in a Conversation Log note

Purpose of Review, Sent to:, Broker Comments, and Comments (or Additional Activity)

500

It's a way that a BOM may ask us to do something on a loan

Create a Follow-Up Task

15 minutes could save you 15% or more on insurance

100

The most common Homeowners Insurance condition

BPROP12

200

The minimum coverage amount required for flood insurance

$250,000

300

True or False: if a Master Insurance policy has all-in coverage, we do not need an individual policy for BPROP12

True

400

These screens have to be updated when working the BPROP12 condition

(must name all 3)

1003 URLA Part 1, Closing Servicing Information, and 2015 Itemization

500

A Master Insurance Policy must include ________ and ________ coverage

Fidelity and Liability

What triggers you?

100

This team may be triggered on VA IRRRL or FHA Streamline loans

Low Doc

200

True or False: if you need to trigger CA, but the status is 'Not Started,' you need to re-trigger the team.

False - you would leave it as is

300

Conditions owned by Title (TR)

(name at least 2)

BLEGL12, BLEGL19, BLEGL30, BLEGL31, BMISC50, BMISC61, BPROP51, BPROP53, BPROP79

400

When entering payoff information in Encompass, and the borrower is short funds to close, you gotta let 'em know

Guideline Review

500

Trigger these guys when BINCM01: 4506C Results is open and Requested

Service Orders