Bulletin 2023-041 Quality Control and Diligence Reminders

Quality Control and Diligence Reminders

Newrez LLC (Newrez) Approved Correspondent Clients:  Newrez is sharing feedback regarding two important trends in post fund QC and diligence reviews. Newrez is providing additional detail on defects regarding undisclosed debt and borrower employment as of the note date. To view completed bulletin, click here.