How is the compare ratio different between the Early Warnings reporting and the Servicing reporting?

The Early Warnings compare ratio captures the percentage of loans originated/underwritten which are seriously delinquent or were claim terminated in a specific geographic area for a specific Mortgagee, divided by the percentage of originations/loans underwritten which are seriously delinquent or were claim terminated for all other Mortgagees within that same specific geographic area (e.g., nationwide, HUD Field Office, state, etc.). 
 
The Servicing compare ratio captures the percentage of loans for which foreclosure claims were paid for a specific Mortgagee, divided by the percentage of loans for which foreclosure claims were paid for all other lenders in the selected geographic area.
 
A comprehensive list of Help topics can be found in Neighborhood Watch under the “Help/About” tab on the Neighborhood Watch home page.

Neighborhood Watch can be accessed by approved Mortgagees at https://entp.hud.gov/sfnw/nw/

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-02517