Residential-Mortgage TPR Segment Extraction

What it extracts

16 extraction fields

Segment Review Summary

A one-look roll-up of the loan, collateral, program, and amortization type so a reviewer can orient before the detail; the amortization type set here governs which of the ARM, HELOC, and buydown columns apply.

Document Classification & Stacking

The stacking order the whole segment depends on - each delivered document classified Subject vs Other Financing, its type and ID, and whether it is signed, legible, complete, and the correct selected version, flagging missing or duplicate files.

Note Economic Terms

The economic and servicing terms of the Subject Note - payment frequency, interest-collection type, amortization term, late-charge and default-rate terms, originator NMLS identity, due-on-demand treatment, and any balloon - each cited to the note.

Note Feature Determination

The structural feature flags of the Note (interest-only, neg-am, two-step, hybrid, buydown, PRR, assumable, due-on-sale, ACH, construction-to-perm, FNMA/FHLMC form, execution and POA) that drive product classification and downstream eligibility.

eNote & Electronic Execution

Whether the Note is an eNote and whether it meets the UETA/ESIGN and MISMO SMART Doc expectations - header/footer/clause, correct borrower e-signature and date, plus the FNMA legal-document version - since an electronically executed note is registered and enforced differently.

ARM Terms

The adjustable-rate mechanics for an ARM loan - margin, index, first change date and change frequency, initial/periodic/lifetime caps and floors, lookback, rounding, conversion, and post-LIBOR replacement-index/fallback language - returned only when the loan is an ARM.

HELOC Terms

The open-end line terms for a HELOC - APR, draw and repayment periods, any fixed-rate portion, transaction and origination fees, balloon permission, and fee-disclosure adequacy - returned only when a HELOC agreement is provided.

Prepayment Terms

The prepayment-penalty structure - penalty and hard-penalty periods, enforcement type, balance basis, allowance, breakage and early-closure fees, max-permitted-by-law language, and the best-matching entry on the prepayment-terms reference list.

Temporary Buydown

The temporary-buydown terms and the reconciliation of buydown funds to the Closing Disclosure - rate/term, borrower vs non-borrower paid, donor, agreement status and signature, and whether the final CD reflects the buydown schedule.

Security Instrument Terms

The terms and enforceability provisions of the mortgage / deed of trust - loan amount and dates, MERS MIN and MOM status, due-on-sale, holder's right to foreclose, homestead waiver, CEMA, cross-collateralization, APN/PIN, county FIPS, and the Texas 50(a)(6) home-equity disclosure.

Notarization, Execution & Recording

The signing, notarization, and recording provisions that determine whether the lien is enforceable and recordable - borrower/POA execution, e-signature, notary name/signature/seal/certificate, missing-acknowledgment logic, remote online notarization and its audit trail, and UCC-1 filing.

Security Instrument Riders

Every rider that applies to the Subject instrument, with how it is evidenced (checkbox marked, standalone document, or both) and whether it is signed - including the exact printed name of any non-standard 'Other' rider.

Subordinate & Other Financing

The concurrent or existing subordinate liens on the subject property classified as Other Financing - position, type, holder, balances, terms, evidence of lien position, any shared-equity counterparty, and document status - never inventing a lien absent from the loan data tape.

Segment Data-Integrity Reconciliation

The core TPR data-integrity check - each critical element compared across the Note, the Security Instrument, and the loan data tape, graded Match / Mismatch / Missing with the specific variance, since a document-to-tape disagreement is a data-integrity exception.

Segment Exception Log

The consolidated, severity-graded exception register that rolls up every completeness, enforceability, notarization, data-integrity, ARM, prepayment, and disclosure finding on the A-D scale, with compensating factor / waiver, cure status, and the governing citation - the deliverable the loan grade is built on.

Overall Segment Grade

The single overall grade for the segment, assigned as the most severe grade among the component findings per rating-agency convention - Grade A clean through Grade D material-unresolved / ineligible - so a reviewer sees the segment disposition at a glance.

Where it fits

What it needs

What it produces

Review model

A TPR reviewer confirms the flagged exceptions, event grades, and cited values; material (C/D) and unresolved exceptions route to condition / cure and are reflected in the loan's overall grade and in the diligence results delivered to the rating agencies and investors.

Who uses it

Volume fit

Grounded in

• Structured Finance Association (SFA) RMBS Compliance Review Scope ('TRID Grid') - the industry TPR compliance-review standard; current version TRID Grid 4.0 (2023), succeeding RMBS 3.0 (2016/2018)verified as of 2026-07-22
• RMBS third-party due-diligence loan-grade convention (A-D) - Fitch, S&P Global Ratings, KBRA, and DBRS Morningstar third-party-review criteriaverified as of 2026-07-22
• SEC Regulation AB II, 17 CFR 229.1111(a)(7) and Securities Act Rules 15Ga-2 / 17g-7 - third-party due-diligence disclosure (Form ABS-15G) and rating-agency diligence certificationverified as of 2026-07-22
• TILA-RESPA Integrated Disclosure (TRID) - Regulation Z, 12 CFR 1026.19(e)/(f) and 1026.37/.38verified as of 2026-07-22
• Ability-to-Repay / Qualified Mortgage rule - Regulation Z, 12 CFR 1026.43verified as of 2026-07-22
• Electronic Signatures in Global and National Commerce Act (ESIGN), 15 USC 7001 et seq.; Uniform Electronic Transactions Act (UETA); MISMO SMART Doc eNote standard and MERS eRegistry; Fannie Mae Selling Guide B8-8-02 (eNotes)verified as of 2026-07-22
• Remote Online Notarization (RON) - state RON statutes and MISMO RON standards (audio-video communication technology, identity proofing / KBA, tamper-evident recording, and retention)verified as of 2026-07-22
• Texas Constitution, Article XVI, Section 50(a)(6) - Texas home-equity loansverified as of 2026-07-22
• Flood Disaster Protection Act (FDPA), 42 USC 4012a; and higher-priced-mortgage-loan escrow rule - Regulation Z, 12 CFR 1026.35verified as of 2026-07-22

Changelog

• July 2026