RES 15814 - Laserfiche WebLink

Conduct workshops customized to specific inclusionary Workshops developments providing detailed instructions on the application $600 per process. Provide details on layouts and amenities, resale restrictions workshop and available financing. Process and underwrite selected applicants from lottery ranking to Initial Qualification & determine if they meet eligibility requirements as set forth in the $750/per Conditional Approval marketing plan. Collect all required documents from the applicant applicant and complete initial screening for program eligibility. Obtain conditional approval from the City. When a unit is ready for sale, collect updated required documents from the applicant(as needed depending on time passed since conditional approval)and lender documentation. Screen documents $1,250 per Qualification of Purchasers and information provided to verify income and program eligibility qualified prior to execution of purchase agreement between developer and purchaser applicant. Prepare approval package for the City and obtain approval for developer to enter into contract. Track each application with lenders, requiring weekly reports on each file to ensure prompt approvals. Coordinate collection of required information from escrow and lender needed to complete City documents including restrictions, notes, DOTs and escrow Doc Preparation &Closing instructions. Create the documents and route with instructions for $1,500 per signatures and notarizing at the City. Coordinate pickup and delivery homebuyer of executed documents to title and track file through all stages of escrow to ensure conforming loan is secured and a timely close of escrow. Additional @gmb2g3 uroxa `'/Reo uest Collect all necessary data points to record an updated request for notice of default and sale. Data includes current first lender, the Deed of Trust instrument number, Title Company, and the APN. To collect One-Time Generation & this information, Hello Housing will utilize its access to First American Recordation of Updated Title Company's proprietary database and conduct"Property Profiles" Requests for Notices of which include links to PDFs of all recorded documents on a property. $40 per file Default To collect the required information, generate a profile, review the Deed of Trust attachment and collect information from a scanned PDF. Once the necessary data has been collected, create each Request for Notice of Default, obtain signatures, notarize each document, and record with County Recorder's Office. Upon recordation, scan and save each notice of default and sale into Dropbox. Hello Housing recommends spending year one setting up the program Program Review& and partnership for success, e.g. organizing&digitizing files, entering Proposal/Implementation key details into HomeKeeper and increasing staffs familiarity with s of Improvements after program documents by completing a year of transactions.At the end Hourly year one.(b) of year one, Hello Housing recommends a review of the program, comparing to industry best practices and to determine what's working and what needs improvements. Send up to three requests to BMR& DPA homeowners to participate Design& Distribution of in an"Impact Survey"to help Hello and the City better understand and an Impact Survey and measure the impact BMR programs are having in the lives of those $15 per file Analysis of Results who participate in them. If response rate is statistically significant, prepare a written analysis for City staff. Upon receipt of a Notice of Default, make best efforts to contact Hourly Owner and connect with foreclosure counseling resources. BMR Preservation If Owner is unable to prevent foreclosure, prepare a Buy-Back $3,500 per buy- Feasibility Analysis,track Notice of Trustee's Sale date, obtain back approval for a maximum bid price, obtain cashier's checks from the Page 8