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JMAC Adverse Action Policy

JMAC will be implementing our new Adverse Action Policy this week to further protect the security of sensitive borrower information. Loans will be cancelled in our system when any of the following are met:

 

1.  A loan has not funded within 120 days of submission

2.  An initial decision has not been rendered on a loan within 30 days of upload

3.  A condition has not cleared within 90 days of its creation

 

For additional information on this policy, please contact your Account Manager or our Client Support Team