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LOAN REVIEW
Credit
Whether you require detailed insight into a loan’s credit quality at origination
or in its current state (or potential future), Clayton can assist in determining
layered credit risk, a borrower’s ability to perform, or assess a loan’s
compliance to original programs and guidelines.
A Clayton Credit review can be performed in conjunction with other review scopes
such as a regulatory Compliance review, Legal Document review, or Delinquent
Servicing review, or can be performed independently. Clayton will review and
assess the credit quality of each loan by re-underwriting it to any number of
guidelines (e.g. originator’s, buyer’s, GSE, etc.), with re-calculation of
income, asset, and debt ratios and can incorporate updated credit information as
available, such as newly-run credit reporting.
Review Components
Customizable Review Systems
Clayton can customize its standard credit review components to meet your
specific loan review needs, including for:
- Loan Application
- Appraisal Valuation
- Hazard/Flood/Mortgage Insurance
- Income & Asset
- Original or Updated Credit/Debt History
Reporting
Exception Tracking
Clayton has developed over 1,200 standardized codes to allow our clients
to assess risk at both the loan level and across an entire portfolio. This
exception tracking system combined with commentary from our expert underwriting
staff gives our clients a credit risk assessment unparalleled in the industry. Additionally, when Clayton is engaged for numerous reviews of a similar nature,
exception/result trend reporting is available.
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