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OneDiligence LLC is capable of ingesting loan files a number of convenient ways including API, secure server or integration with the client’s portal. These integration options allow us to generate loan document inventory tables, together with exceptions on missing documents, and a fully indexed loan file with the raw data extracted giving our clients the ability to port into their current system. The process is fully automated to ingest all loan files in a given portfolio and quickly verify if all of the expected documents are present. OneDiligence LLC provides our clients with exception reports for missing documents through the web viewer, CSV or API.  Read More>>>>>

As a lender, verification of the borrower’s information is crucial. At OneDiligence we flag problematic or conflicting information submitted by the borrower to enhance the lenders’ ability to identify borrowers that could impose a substantial credit risk, compromising the loan. Mortgage fraud can take shape through minor exaggerations or omissions of information on a loan application. Ultimately, this causes lenders to suffer financially and operationally. Through a rigorous due-diligence process, including asset verification and valuation reconciliation, lenders can ensure confidence of quality results. A few ways OneDiligence puts lenders minds at ease: • Analyzing the borrower’s income and assets to determine if there is sufficient support for the loan with the other obligations the borrower may have, confirming their financial ability to repay the loan. • Reviewing the borrower’s credit to determine if their past history reflects a sense of integrity regarding debt repayment, or willingness to repay the loan. • Confirm that the mortgage originated under the seller’s program conform to the appropriate policies and/or requirements while also being of acceptable quality. • Verify and confirm that the collateral used to secure the loan is valid and sufficient to properly secure the note. • Ensure that the appraisal and/or property inspections indicate no structural defects • Unbiased underwriting and data analysis to pinpoint underlying issues and potential fraud Across U.S. government agencies — such as the Federal Housing Administration (FHA) and the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac — we assist lenders in adhering to various procedures and audits to guarantee that specific loans meet purchasing requirements.  Read More>>>>>

Creating a competitive advantage is a difficult task, and the ability to utilize that advantage is often the dramatic difference between success and failure. OneDiligence LLC’s competitive advantage is centralized within our internal logistics, which is made successful by our proprietary workflows of staff, deliverables and information passing through our office. Reviewing the lender’s policies and procedures to confirm they meet the investor’s requirements is one of the ways OneDiligence LLC is prepared to assist in the due diligence process. During this review we help determine if the mortgages conform to its policies and procedures while being of acceptable quality. A review of the files output to the Automated Underwriting System will also be performed, when applicable. Policies can be drafted to evaluate multiple factors, including: • The borrower’s ability (and willingness) to repay the loan - also known as ATR • The borrower's qualifications, or risk level, based on: o Assets o Collateral o Income o Past credit history  Read More>>>>>

Within a very highly regulated industry, our automated TRID check provides lenders with quick and efficient ways to cross-check documents for any violations that can lead to noncompliance, fines or defective loans. “Mortgage Compliance” is the industry’s general term that refers to the rules and regulations that control the entire mortgage process. With many Federal, State and Local predatory lending laws that can easily lead to exposure, OneDiligence LLC can guide our clients in risk determination. Purchasers and assignees may be subject to any and all affirmative claims or defenses with respect to the loan that the borrower could assert against the original creditor, or broker, of the loan. Our fully customizable compliance scripts offer our clients the ability to set custom thresholds and testing practices with ease. For example, a client may elect to include a full analysis of the Real Estate Settlement Procedures Act (RESPA) requirements, available at an additional fee, or choose to omit this analysis at their discretion. Clients can also analysis RESPA requirements on a case-by-case basis. With our decades of experience, OneDiligence LLC’s goal is to solve potential problems involving unconventional borrowers by offering guidance to our clients with the do’s and don’ts involving mortgages. Under the Home Mortgage Disclosure Act (HMDA), financial institutions are required to collect, maintain and report loan-level details. This act is intended to track whether or not lending institutions are serving their community’s needs. OneDiligence LLC is committed to ensuring our clients are operating in accordance with HMDA.  Read More>>>>>

One of the most critical challenges in loan servicing is thoroughly understanding the borrower before incorporating their loan into your servicing system. Given the risks associated with various loan products, OneDiligence LLC offers tailored reviews to meet your specific needs, whether it’s a comprehensive portfolio review or an examination of a portion of your files. Our expertise and flexibility ensure that we deliver the precise review required for your purchase needs.  Read More>>>>>

OneDiligence LLC provides a comprehensive range of curative services, including Title Policy, HUD, and Note retrievals, as well as title curative actions. Our skilled team excels in addressing assignment breaks, securing prior lien or mortgage releases, obtaining municipal lien releases, generating payoff liens and HOA documentation, resolving municipal violations, and coordinating attorney engagements.  Read More>>>>>

The Rating Agencies (RAs) assign credit ratings that evaluate a debtor's ability to make timely principal and interest payments and the likelihood of default. They provide forward-looking opinions on an entity's or obligation's capacity to meet financial commitments. Gathering, analyzing, and presenting the right information clearly and concisely is crucial. Our experienced team excels in handling any engagement, adhering to quality, compliance, and reporting standards to meet regulatory, rating agency, and investor requirements. The review scope can be expanded as necessary, particularly when the bank introduces new or significantly altered products, addresses specific concerns, or manages larger, more complex operations. To significantly mitigate risk, we thoroughly examine all mortgage documents before securitization to ensure the mortgage is valid and free of legal encumbrances.  Read More>>>>>

At OneDiligence LLC, we understand that our clients depend on comprehensive follow-up work to support their exit strategies for acquired loan files. Our established procedures ensure thorough after-review confirmation and reporting: • As a trusted third-party review firm (TPR), we promptly attest to our review processes, helping you close your trades on schedule • We stand behind our reviews, providing documentation to assure you and your investors of the loan quality, the reliability of our reports, and the rigor of our review methodologies Partner with OneDiligence LLC to confidently navigate your loan portfolio management and exit strategies.  Read More>>>>>

Perfecting Loan Collateral: Comprehensive Document Audit Services Ensuring accurate and complete data through a thorough audit of all relevant documents is essential for perfecting loan collateral. OneDiligence LLC’s comprehensive document review includes: • Mortgage documents • Existing notes and executed riders • Certificates of mortgage insurance and/or guarantees • Assumption or modification agreements • Note Endorsement(s)/Allonge(s) and Mortgage Assignments • Verification of Security Instrument registration with MERS • Leasehold estate documentation • Settlement statements • Evaluation of Title Work and policies • Condominium or cooperative documentation Recognizing that each borrower is unique, we customize our review process to align with the specific characteristics of each loan. This tailored approach ensures robust protection for the lender in the event of borrower default. Our services confirm that the pledged property adequately secures the debt, safeguarding the lender's interests. For instance, if a real estate property secures a mortgage, we ensure the collateral can be repossessed if the loan is not repaid. Partner with OneDiligence LLC today to guarantee the integrity of your loan collateral and mitigate potential risks tomorrow.  Read More>>>>>

At OneDiligence LLC, we specialize in reviewing servicer payment histories for each loan to establish an accurate payment history string. This is based on either the client's proprietary method or the commonly used Mortgage Banker Association (MBA) or Office of Thrift Supervision (OTS) delinquency definitions, or a combination of both. Our process includes: • Discrepancy Identification: We identify discrepancies between the servicer's payment string and the audited payment string, providing explanations for any discrepancies found. • Cash Flow Velocity Report: We generate a detailed cash flow velocity report for the client's review. Additionally, we review the loan files to ensure the timely collection of necessary items, including: • Payments of principal and interest • Escrowed sums such as taxes, assessments, public charges, hazard and/or flood insurance premiums, FHA insurance or private mortgage insurance premiums, condominium association dues and fees, and other required sums • All other payments from borrowers and/or mortgagors Our thorough review process ensures accuracy and compliance, helping clients manage their loan portfolios effectively.  Read More>>>>>

Comprehensive Analysis for Optimal Loan Servicing At OneDiligence LLC, we excel in analyzing servicing commentary to pinpoint the reasons behind an asset's underperformance and to assess potential risks and the likelihood of future re-performance. Our thorough review includes: 1. Current home value 2. Distressed property conditions 3. Occupancy issues 4. Borrower Income 5. Current loan/legal status 6. Borrower intentions and financial situation 7. Loss mitigation efforts 8. Title concerns 9. Borrower engagement with the servicer 10. Origination misrepresentations By scrutinizing servicing and collection comments, we identify critical factors affecting loan performance and risk. Comprehensive File Review We meticulously review notes and file documents to: 1. Articulate default triggers 2. Identify issues related to high-risk borrowers and guarantors 3. Recognize state specific statute of limitations that may impact future servicing rights 4. Address defenses to a lender's foreclosure attempts FHA Quality Control Review Our Federal Housing Administration (FHA) Quality Control Review targets early payment defaults (loans 60 days past due, FHA 6-10D). OneDiligence LLC performs a loan-level risk review to identify defects that might have initially disqualified the loan from approval. Single Point of Contact (SPOC) Compliance Since 2011, federal regulations require mortgage servicers to provide a single point of contact (SPOC) for defaulting borrowers. OneDiligence LLC assist lenders in maximizing homeowners' eligibility for various loan modification programs through meticulous loan file audits. CFPB Foreclosure Rules Compliance Under the CFPB’s regulations, servicers cannot initiate foreclosure proceedings until a loan is more than 120 days delinquent. Additionally, foreclosure cannot proceed while a completed loan modification application is pending, until: 1. The servicer provides a written determination of ineligibility 2. Any appeal period has expired Why Choose One Diligence LLC? Partnering with One Diligence LLC ensures that you receive expert analysis and comprehensive reviews that enhance your loan servicing strategies, reduce risks, and maintain compliance with regulatory requirements. Trust us to provide the insights and support you need to optimize your loan portfolio management.  Read More>>>>>

OneDiligence LLC provides comprehensive tax and title review services for third-party title providers such as ProTitleUSA, ensuring accurate evaluation of title defects, risks, and property grading based on thorough title search reviews. Following the review, OneDiligence LLC issues an exception report detailing: • Summary of identified defects • Lien positioning and grade per property • Liens surviving foreclosure • Tax status and vesting issues • Origination and post-origination defects • Breaks in assignment chain • Suggested curative actions We offer fully automated report generation for various purposes including: • 15E securitization TPR reporting • Seller rebuttal reports • Side letter reports • Exception reports One Diligence LLC stands out as one of the few TPR firms capable of integrating Tax/Title reports, Unrecorded Liens, Bankruptcy results, and Title Exam and Collateral review results into a single, accessible client dashboard.  Read More>>>>>

OneDiligence LLC leverages cutting-edge Natural Language Processing (NLP) technology atop OCR and Machine Learning frameworks to minimize human in the loop (HITL) intervention. NLP enhances document tagging and data extraction with a more human-like approach compared to traditional text OCR methods. Our cloud-based solution offers flexible server assignments for expedited document processing, contrasting with rigid server farm systems. This approach enables OneDiligence LLC to deliver fully indexed loan files with extracted data in raw format, ready for seamless integration into clients' systems.  Read More>>>>>