Streamlined Review Service:
Investor Loan Recons

Are you confident in your investor accounting reconciliations? Is your sign-off certifying completeness or accuracy? Let SCA bring you peace of mind when it comes to satisfying investor accounting requirements.

Why Should I Consider This Evaluation?

Avoid compensatory fees from reporting or reconciliation errors

Recapture potentially unreconciled surplus funds

Validate that a non-disputable, thorough process is in place

Ensure GSE relationship stays intact

Review Packages Include:

  • The Fannie Mae streamlined reconciliation review takes a look at three (3) consecutive months of completed recon packages including supporting documentation, assessing completeness, accuracy, and opportunities for streamlined efficiencies.

    Documents Reviewed Include:

    ✓ Form 496 P&I Recon

    ✓ Form 496A T&I Recon

    ✓ Schedule 1 Mortgage Portfolio Recon

    ✓ Schedule 2 Interest Rate Recon

    ✓ Schedule 3 Shortage/Surplus Recon


    Documentation Requirements:

    1. Three (3) consecutive months completed recon packages including supporting documentation.

    2. View only access to FNMA platforms:

    a. Cash Remittance System

    b. LSDU (Loan Servicing Data Utility)

    c. Master Servicing Portfolio Manager

    d. FNMA Connect

  • The Freddie Mac streamlined reconciliation review takes a look at three (3) consecutive months of completed recon packages including supporting documentation, assessing completeness, accuracy, and opportunities for streamlined efficiencies.

    Documents Reviewed Include:

    ✓Form 59 P&I Recon

    ✓ Form 59E T&I Recon

    ✓ Current Cycle Variance Log

    ✓ Cumulative Cycle Variance Log


    Documentation Requirements:

    1. Three (3) consecutive months completed recon packages including supporting documentation.

    2. View only access to FHLMC platforms:

    a. Cash Manager

    b. Loan Level Reporting

    c. Servicer Performance Profile

  • An assessment checklist and summary report will be provided, outlining observations, highlights of the current process successes, and potential areas of concern or improvement opportunities.