Debt Monitoring – PCMN

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.

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