The Documents That Are Not Done When the Loan Funds: Trailing-Document and Collateral-File Reconciliation With an AI Agent, Without Touching What the Custodian Certifies
A funded loan is not a delivered loan. The recorded security instrument comes back from the county weeks later, the final title policy trails, and until the collateral file is complete and certified the loan is a reps-and-warranties exposure. Fannie Mae requires a document custodian to take physical custody of the note and certify it, and for eNotes the authoritative copy is controlled on the MERS eRegistry. Here is where an AI agent reconciles the file and chases the trailing pieces, the match key that stops it from clearing the wrong exception, and the certifying act it is not allowed to perform.
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