Securitization Audit - New Years Special - Only $395.00Audit report must have been completed previously by CFLA.
Submission for update valid at the reduced rate until January 31st, 2016 (retail value $995.00)
Coupon Code: NEWYEARS2016
For sample litigation packages, visit CFLA.com or call us, toll free at 888-758-CFLA (2352).
CFLA has pioneered research and development of the mortgage securitization audit, and full securitization audit.
As a result, CFLA is introducing a bulk rate full audit for mortgage professionals and certified mortgage securitization auditors to use to supplement their own reports.
Please contact our sales team today at 888-758-2352 to get new low rates on our full securitization audit; CFLA will match any competitive offer in the industry.
Our standard full securitization audit report will include the following:
-Loan Recording at county, governmental housing reporting agencies and financial reporting services
-Deed recording and transfers
-Verification that assignees on promissory note is true and correct
-Information identifying “true” beneficial interest as per promissory note
-Disclosures and sufficiency of information as per UCC
-Securitized trust verification
-Pooling and Servicing Agreement governing the trust that holds your note
-CUSIP – Identifying the trust account
-Trust prospectus filed with the securities and exchange commission
-Identification of the servicers; originators; trustees and underwriters
-Details of bond performance – transactional up-to-date information
-Periodic reporting of loan performance in securitized trust
-Client specific information – (special requests)
-CFLA uses the latest search for non-agency residential loans by characteristic. Either Loan number or original amount that are provided to perform a search to verify that the loan is inside the securitized trust.
Our Report will include the following documents:
-Non-Agency mortgage loan find (LFND). the name of the securitized trust, the loan number, and group it belongs to.
-The number of classes (tranches) and group status (active or paid).
-The loan level data will identify that the loan is inside the securitized trust.
-The security description of trust will identify the current ratings, current amount of the class, CUSIP number, and the trustee and lead manager.
-The collateral composition page will identify the originator.
-Identifies the distribution payments for loans that are delinquent, foreclosure, bankruptcy or REO.
-Identifies the performance of the Trust and shows the percentage of problem loans.
-Prospectus filing for references.