Show:
Valuations
EA Worksheet
EA Logic
Procedures
Exceptions
100
Acronym RDP
What is a Recommended Dispostion Pricing
100
The field Negative Escrow is entered (excluding taxes)
What is the Misc Amt field.
100
The DPD when VLS 2nd Liens enter the EA process
What is 70 Days
100
Where the EA procedures are located.
What is InfoSource
100
The % for High CLTV that requires comment on both hChase and hWaMu
What is 110% CLTV for Chase and 100% CLTV for WaMu
200
RDP Rule you can always Override
What is "Walk where UPB>=100,000"
200
What you check when an MSP 2nd or VLS loan is unrecorded
What is the Title Issues box
200
The DPD when MSP 2nd Liens enter the EA process.
What is 70 DPD
200
How you tell who is responsible for certain tasks/functions.
What is the Functional Assingment Matrix
200
Causes a "Foreced Exception"
What is a Paid in Full Readvance
300
The risk score required on a High Overall Risk ACRP that triggers an RDP
What is Risk Score of 11
300
The MSP screen you use to enter the MI Coverage % and PMI Company fields in the EA worksheet
What is MIP1
300
The miunimum recapture amount required for a FCL recommendation on a 1st lien.
What is $5,000
300
what you would file if there has been an unexplained vesting change to a 3rd party.
What is an LIO
300
The comments required for Taxes >10% exception
What is "Verified Total Taxes"
400
Acronym ACRP
What is the automated Credit Risk Profile
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 recapture % required for 2nd lien foreclosure recommendations.
What is 10%
400
The 2 urgency indicators that would result in a critical finding.
What is BK and LT
400
the % needed to comment on in the Value Var %
What is +/- 75%
500
This is run on all BPO's prior to the ACRP
What is the BPO Credibility Assessment
500
The two radio buttons that will always drive a "Walk" recommendation.
What is Lost to Sr Sale and Short Sale Complete
500
The logic in the EA Inclusion/Exclusion Criteria that identifies a MSP loan it's Charged Off.
What is Paid in Full Stop=4 or Process Stop=W
500
The 3 fields 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 High Sr LTV and 20% for Low SR LTV