The Loss-Draft Desk: Where an AI Servicing Agent Moves a Hazard-Claim Check Toward a Repaired House Without Sitting on the Borrower's Money
A fire or a storm turns a performing loan into a claim check made out to the borrower and the servicer at once, and the servicer's job is to get the house repaired while protecting the lien. Where the security instrument gives the servicer authority over the proceeds, why the monitored-disbursement threshold is the control that matters, and the failure mode that turns a slow loss-draft desk into a UDAAP problem.
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