We Have Any Plan You Need

Quality Control Plan

Red Flag Identity Theft Plan

Safeguarding Information (GLB)

Federal Compliance

Anti-Predatory Lending

Lending Operations

Credit Policy

Origination

Fair Lending

Processing

Underwriting

Lending Policies

Closing/Funding

Human Resources

Branch Operations

Physical Operations

Disaster Recovery

Wholesale

Broker Approval/Channel

Loan Servicing

Secondary Marketing

Loss Mitigation

Commercial Lending

Construction Lending

Business Plan

Mortgage Loan Servicing Policies and Procedures - Loan Administration Plan

The loan servicing module is designed to focus on the needs of the new loan servicer, or the banker transitioning into correspondent or servicing retained lending.  It provides the basic procedures for all areas of loan servicing, including Loan Administration, Loss Mitigation and Secondary Marketing/Risk Management. 

.

Servicing Elements

• Quality Control

• Loan Set Up

• Payment Processing

• Credit Reporting

• Late Payment/Foreclosure Processing

• Loss Mitigation

• Loan Modifications

• Partial Release

• Escrow/Impound Management

• ARM Auditing/Loan Payment

Servicing Modules are based on the client's internal procedures.  Because each clients' software controls automated areas, we do not include servicing software as part of the template we provide.  The customer must  integrate the software into its procedures using the place markers we provide with our template.  The areas that require customization are:

 

Investor Reporting

Payment Processing

Account Reconciliation

 

Sample Template & Table of Contents (PDF)

 

 

Servicing Template Price: $695.00

 

Request Consultation

 

Streetlinks Appraisal Services - offers valuation reports when a servicer needs a second opinion, default, FC, REO, bulk sale or purchase, and QC audits. 866.794.6371 ext. 8140 - contact Ric Holder

Servicing Software - Full featured, affordable servicing software package - from Mortgage+Care - Contact Jeff Tremaine

Collections and Payment Litigation Support - Time Machine Network - Mark McLellan