Credit Plus Blog Important Post Close QC Changes Took Effect Nov. 1, 2021

Important changes took effect on Nov. 1, 2021, impacting your Post Close QC. Here is a summary of the changes and how your audits will be affected: Conventional Loan Audits: Collateral Risk Assessments Replace Field Reviews Fannie and Freddie have waived the requirement to obtain Appraisal Field Reviews on 10% of the conventional loan sample. Lenders ... ContinuedThe post Important Post Close QC Changes Took Effect Nov. 1, 2021 appeared first on Credit Plus.