This document is sent to our client to explain a change in payment due to taxes and insurance
What is Escrow Analysis?
This is reported if client make their mortgage payment outside the month it is due.
What is 30 day credit impact?
This happens when client does not pay their property taxes or hazard insurance on their own.
What is force placed escrow account?
This act prevents us from putting details of medical conditions in our MSP notes
What is HIPPA?
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Who is Justin?
This happens when there is not enough money in the escrow account to pay taxes or insurance due.
What is escrow shortage?
This will be "Plan A" in the event that a Due 1 client calls us regarding a potential upcoming hardship.
What is "provide resources"?
This typically happens once a year on loans with an escrow account.
This type of mortgage we service normally takes second lein holder position.
What is HELOC?
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Who is Justin?
This task is set when we need an individual off schedule analysis ran for a specific loan.
What is ANAIND?
This is an option for our current clients who are looking for a lower mortgage payment.
What is refinance?
This is the task you set when the client pays their shortage in full.
What is ANASHG?
What type of corporate advances are the responsibility of the client?
What are recoverable corporate advances?
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Who is A-Aron?
This is the screen in MSP we use to review the most recent anaylsis.
What is ANA1/LAST?
This type of financial agreement allows clients over 62 to access the equity in their home.
What is a reverse mortgage (ORM)?
Type this in MSP to go to the screen that will tell us what happened with escrow in the analysis before the most current one.
What is ANA1/LAST2?
This chapter of BK includes a post petition payment plan.
What is Chapter 13 BK?
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Who is Sarah?
This is the exemption client may qualify for in their county if the property is their primary residence.
What is homestead exemption?
This is what you will be doing when you have a client on the line who does not speak English fluently enough to discuss their mortgage with you directly.
What is panic?
Type this is MSP in order to see the prediction of what will happen in upcoming yearly analysis.
What is ANA1/trial?
This is the process of legally taking responsibility for your mortgage again and must be completed before discharge of your BK.
What is reaffirmation?
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Who is Dr. A-Aron?