Pre/Post Close Mortgage Notifications (PCMN) service through SettlementOne monitors pending mortgage applicants for undisclosed liabilities.
PCMN helps our clients meet Fannie Mae Loan Quality Initiatives (LQL) pre and post- closing.
Why Use PCMN?
- Stay in Compliance with Fannie Mae and Freddie Mac to identify undisclosed financial obligations.
- Save time and avoid delays in loan closing by quickly identifying critical changes on a borrower’s credit file.
- Lender Pipeline protection by identifying when a consumer is shopping for another mortgage.
For more information, download our product sheet.