Answer: There are issues with mortgage payments being late or missed.
Trend: An increasing number of accounts are showing delinquency, indicating a potential financial strain.
List: Follow up by reviewing payment histories, assessing borrower communication, and exploring options for assistance or intervention.
Finding Text
Delinquent mortgage payment.
Corrective Action Plan
Management agrees with the finding. The delinquent mortgage payment was paid on January 29, 2025 in the amount of $19,868. The mortgage company needs to ensure that the mortgage payments are made timely in the future.