Reps and Warrants

Reps and Warrants

We are involved in sending rebuttals to the legal on cases wherein the loans are sent back to us from the investors and MI companies for repurchase due to misrepresentation in loan file which can be income, asset, appraisal, credit and loans not underwritten as per the guidelines during loan origination. In addition, if in case a particular loan file cannot be rebuttal due to lack of relevant proof to arbitrate, an NDS(Need for Decision) is prepared and sent to higher authority for the decision.


Additional Resources



Challenges in meeting the GSE mandate for uniform closing dataset (UCD) delivery
Date: September 20th, 2016 02:00 PM EST

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