Every 410A checked before it is filed.

Hi, I’m Tom, from Alchemy Loop. This is the ClaimProof 410A Operations Desk: one place for a servicer’s bankruptcy team to see every mortgage proof of claim, from intake to ready to file.

Your team starts here. Every claim, most urgent first, with the days left to each bar date. Beside each date is its source: the court’s notice, or, in amber, a calculated date that still has to be confirmed.

For transferred and inherited loans, the hard part is the documents. These dots show what is in, and for every claim the desk says exactly what to request: the prior servicer’s history, the escrow analysis, counsel’s fee invoices. On the right, gaps by prior servicer: here, one prior servicer is missing history on all five of its loans.

Open a claim and it’s all in one place: the bar date and its source, the balance checks, and the one document still missing, with the lines it affects.

The history gap has already become a request to the prior servicer. Your team marks it sent, then received or waived, with a note of what came back.

Each finding shows how serious it is and the page it came from. Each serious item gets a recorded decision, with the reason. Then quality control: it needs a reviewer, and someone who decided an item on this run can’t sign it off. The desk enforces that.

Signed off, but not yet ready to file: the escrow analysis hasn’t arrived, and the history request is still open. Ready to file means every required input is in, the decisions and review are complete, nothing new is waiting to be re-run, and every request is received or waived.

Now the audit, on a filed 410A with a planted error: the principal balance raised by a thousand dollars, and the total raised to match, so the form still adds up. Our rebuild from the payment history doesn’t agree, and it shows the line, the page and the amount.

The same form without the error isn’t called clear either. Some lines can’t be compared from the evidence available, and the audit lists which ones, instead of giving a false all-clear.

Claims can be added one at a time or as a batch from a file. Every row is checked on the way in: an impossible date, or a bar date before the petition, is turned away with the reason.

Every run is kept, never overwritten. Key actions, such as decisions, sign-offs and requests, are logged with who and when, and linked so that an edited entry shows up when the log is checked.

One place for every claim, every deadline and every gap. To see what ClaimProof finds on claims you’ve already filed, ask us for a free sample audit at alchemyloop.ai. Thanks for watching.