Mortgage Fraud Review Clayton Mortgage Fraud Review (Putback & Re-verification) Since 2006, Clayton has been leveraging its expertise in underwriting to review loans with a focus on evaluating the relevant contractual agreements to ensure each loan adheres to the representations and warranties made by the loan seller or owner requesting insurance coverage.
Our Fraud Review Process The focus of a fraud review is to identify breaches in representations and warranties. These breaches are commonly represented by instances of fraud, misrepresentation, misuse of loan programs, or other discrepancies. A complete review scope covers the following: •
Credit Bureau Report
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Loan Application
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Loan Approval
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Appraisal
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Title Commitment
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HUD-1
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Closing Documents
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Phone Re-Verification
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Third-Party and Public Verification
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Related Agreements or Policies