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LOAN REVIEW & DUE DILIGENCE
Data Integrity
The need for accurate & updated loan data has never been greater than it is today. It is the basis for nearly all decisions you will make on a pool of loans. Clayton’s data integrity reviews provide clients with the data confidence they require to make the best decisions possible.
As your independent third-party provider, Clayton is capable of verifying data points from a number of sources including:
- Origination data
- Seller data
- Servicer data
- Updated data, including credit or valuation data from 3rd party providers
At the core of our service is the capability to compare electronic file data against data retrieved from source documentation made available to Clayton (i.e. loan files) and provide discrepancy analysis. Whether you are looking to confirm only key data points or on a universe of fields for complete transparency, Clayton can deliver the results you seek.
Review Process
Our process is straightforward:
- Electronic data is mapped into our review system, customised to the data validation you require
- Loan Review Specialists collect data from the loan file, including re-calculations of LTV, DTI, etc.
- Collected data is reviewed by a Quality Control Specialist
Reporting
At the conclusion of the review, comprehensive reporting is provided. Our standard reports include:
- Data discrepancy reports which identify, by loan, any variances between the electronic data provided and the data as collected by Clayton. Summary level reporting, by field, is also provided
- Data upload report including all review data collected by Clayton
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