Prepare a Post-Closing Audit: scope and evidence
Prepare a Post-Closing Audit starts with a written boundary. Name the loan, the source, the owner, the evidence, and the point where the work must stop. A clear rule keeps coordination separate from lending and credit decisions.
The main risk is that a closed file can be missing a required document or signature. Record the source and time before changing a status.
Capture the evidence
A usable record includes loan, document, signature, date, reviewer, and exception. Keep the source beside the record so another reviewer can reconstruct what happened.
The post-closing lead confirms the decision or exception. The coordinator can select the sample, check the file, and route findings, but should not fill a gap with an assumption.
Separate preparation from judgment
Decisions about audit and remediation decisions remain with the authorized owner. Use three labels: proceed under the rule, pause for missing evidence, and escalate for a decision.
Run the review
Review missing documents, error categories, and rework. For example, a closed file is missing a final title page. Record what evidence was available and who owned the next step.
Pilot one workflow
Start with one audit cycle. Test the checklist on a small batch and review exceptions with the owner.
Use the related service scope and pipeline guide for context. Review CFPB mortgage guidance before changing a workflow.