Pre-close hardship screen to reduce first-pay risk

We started a quick hardship screen at CTC and again 72 hours before funding to catch early risk and connect borrowers with assistance resources (HUD-approved counseling, servicer contact, and agency forbearance education) before a payment is missed. If anyone has a cleaner way to embed this in Encompass with reason codes and an auto-escalation to default management, or wants the 6-question prompt we use, I’m happy to compare notes — please treat this as general process guidance and verify against your investor/agency guides.

‌⁠‍⁠​‍​‍‌⁠‌​​‍​‍​⁠‍‍​‍​‍‌‍⁠​‌‍⁠⁠‌‍​‌‌‍⁠‍‌⁠​​‌⁠​‍‌‍⁠⁠‌‍​⁠‌‍‌‌‌⁠​⁠‌⁠​⁠‌‍⁠⁠‌⁠​‍​‍​‍​‍⁠​​‍​‍‌‍‍⁠​‍​‍​⁠‍‍​‍​‍‌‍⁠‍‌‍‌‌‌⁠‌⁠‌‌⁠⁠‌⁠‌​‌‍⁠⁠‌⁠​​‌‍‍‌‌‍​⁠​‍​‍​‍⁠​​‍​‍‌‍‍‌‌‍‌​​‍​‍​⁠‍‍​‍​‍‌‍⁠‍‌‍‌‌‌⁠‌⁠​‍​‍​‍⁠​​‍​‍‌‍‌​​‍​‍​⁠‍‍​‍​‍​⁠​‍​⁠​​​⁠​‍​⁠‌‍​⁠​​​⁠​‌​⁠​‍​⁠‌‌​‍​‍​‍⁠​​‍​‍‌‍‍​​‍​‍​⁠‍‍​‍​‍​‍⁠‌​⁠‌​‌​‌‌‌‌⁠⁠​‍⁠‌​‍⁠‌​⁠‍‌‌​‍⁠‌​‌‍‌​‍‌‌‍⁠‍‌⁠​‍‌‍​‌‌​⁠⁠​⁠​​‌‍​‌​‍​‍‌⁠⁠‌​

I wired this in by adding a ‘Hardship Screen’ custom form at CTC and 72‑hr Pre-Funding; if the reason code isn’t ‘None’, a Business Rule auto-creates a Default Mgmt task and drops a ‘Counseling Offered’ doc in the eFolder (ref: Welcome). To cut noise, we add a 24‑hr cooldown so repeat updates don’t spam the queue — like a smoke detector that doesn’t chirp every time you make toast. If you want earlier capture, tie the same trigger to ‘Docs Out’ as an alternate milestone.

‌⁠‍⁠​‍​‍‌⁠‌​​‍​‍​⁠‍‍​‍​‍‌‍⁠​‌‍⁠⁠‌‍​‌‌‍⁠‍‌⁠​​‌⁠​‍‌‍⁠⁠‌‍​⁠‌‍‌‌‌⁠​⁠‌⁠​⁠‌‍⁠⁠‌⁠​‍​‍​‍​‍⁠​​‍​‍‌‍‍⁠​‍​‍​⁠‍‍​‍​‍‌⁠​‍‌‍‌‌‌⁠​​‌‍⁠​‌⁠‍‌​‍​‍​‍⁠​​‍​‍‌‍‍‌‌‍‌​​‍​‍​⁠‍‍​⁠​‌​⁠‍‌​⁠‌⁠​‍⁠​​‍​‍‌‍‌​​‍​‍​⁠‍‍​‍​‍​⁠​‍​⁠​​​⁠​‍​⁠‌‍​⁠​​​⁠​‌​⁠​‍​⁠‍​​‍​‍​‍⁠​​‍​‍‌‍‍​​‍​‍​⁠‍‍​‍​‍‌‍‌‌‌​⁠​​⁠‌‍‌‌‍‌‌⁠‌​​⁠​‍‌‌​‌‌‍⁠‌‌​​‍‌‍‌​‌​⁠⁠​‍⁠‌‌​​⁠‌‌‌⁠‌⁠‌​‌‍‌​​‍​‍‌⁠⁠‌​

One thing that’s worked for us is tying your CTC and “72 hours” checks to a Condition Set: when the reason code isn’t None, a Prior-To-Funding condition called “Hardship Outreach Complete” fires to block Funding, and a Milestone Completion rule auto-adds Default Mgmt as an additional role for follow-up. Small caveat: if ops hates extra conditions, swap the PTF condition for a Funding Checklist item marked Required so you get the stop without cluttering the pipeline.

‌⁠‍⁠​‍​‍‌⁠‌​​‍​‍​⁠‍‍​‍​‍‌‍⁠​‌‍⁠⁠‌‍​‌‌‍⁠‍‌⁠​​‌⁠​‍‌‍⁠⁠‌‍​⁠‌‍‌‌‌⁠​⁠‌⁠​⁠‌‍⁠⁠‌⁠​‍​‍​‍​‍⁠​​‍​‍‌‍‍⁠​‍​‍​⁠‍‍​‍​‍‌⁠​‍‌‍‌‌‌⁠​​‌‍⁠​‌⁠‍‌​‍​‍​‍⁠​​‍​‍‌‍‍‌‌‍‌​​‍​‍​⁠‍‍​⁠​‌​⁠‍‌​⁠‌⁠​‍⁠​​‍​‍‌‍‌​​‍​‍​⁠‍‍​‍​‍​⁠​‍​⁠​​​⁠​‍​⁠‌‍​⁠​​​⁠​‌​⁠​‍​⁠‍‌​‍​‍​‍⁠​​‍​‍‌‍‍​​‍​‍​⁠‍‍​‍​‍‌‍‍​‌‍​‍‌‌⁠⁠‌​‍⁠​⁠​‌​⁠​⁠‌‌‌‍‌⁠‌‍​⁠​⁠‌⁠‍‍‌‌‌‍‌‌‍‍‌‍‍‍‌​​⁠‌‍‍⁠‌⁠​⁠​‍​‍‌⁠⁠‌​