On
occasion, a lender
may be requested by
investors, the
agencies, or a MI
company to
indemnify or
repurchase a loan
that has gone into
default.
Quest will review
these repurchase
requests to
determine the
validity of the
request or help
determine if there
is a documented
defense against the
repurchase. Quest
may also discover
unacceptable trends
or practices that
if corrected may
reduce future
repurchase
requests.
Similarly, MI Claim
Denials can be
reviewed by Quest
to determine the
validity of the
denial and to make
recommendations to
help minimize or
avoid future
denials.