Forensic Loan Review

The Process

PMH’s Forensic Loan Review process is customized to fit each client and each engagement allowing for the most efficient and economical solution to its client’s needs. In addition, PMH is capable and willing to represent its clients in repurchase/rebuttal negotiations or to act in other capacities on behalf of its clients as needed.

Deal Setup

• Client Consultation

• Determine the scope of work
  
• Establish the client communication process
  
• Determine access to additional resources
• Determine the loan set or sample

• Loan Review Analysis System Setup

• Client Profile Set
  
• Engagement Profile Set
  
• Data Validations Set
• Third Party Resource Access Set

• Data Load and Scrubbing

• Loan Files Loaded/Imaged into the system

• Verify the receipt of all necessary documents
  

• Repurchase Eligibility

• Verify Loan Program
  
• Verify # of payments made since origination
  
• Verify # of payments made since acquisition
  

Review

• Loan Program Eligibility
• Compliance Review
• Credit Review
• Valuation Review
• Occupancy Verification
• Employment/Income Verification
• Borrower or Lender Fraud Determination
• Document Findings
• Quality Control Review – 100% of loan files

Report Findings

• Deliver final findings report/data to client

• Represent client in discussions with counterparties

• Manage rebuttal process
  

• Provide expert witness testimony