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# Vanceo Default Process v2019.04.07.02 (May 2019)

The Vanceo Default process v 2019.04.07.02 represents the launch of Vanceo decision tasks and integrated tasks. The following functionality has been included in this Vanceo Process release.

Stages

- Application

- Processing

- Underwriting

- Pre-Closing

- Closing

- Post-Closing

Decisions

- Intent to Proceed

- Loan Decision

Tasks

Table 1. Task List
Credit Application | Credit Report
Product Selection & Pricing | Interest Rate Locking
ATR / QM / HOEPA / HPML Testing | Tax IRS 4506T Verification
Early Disclosures | Send Confirmation of Withdrawn Application
Preliminary Underwriting | Mortgage Insurance Certificate
Homeowner’s Insurance Policy | Income Verification
Verification of Assets | Liability Verification
Abstract Update | Title Search
Appraisal | Receive and Review Appraisal
Copy of Appraisal Sent to Party | Flood Determination
Flood Insurance Policy | Identification Verification
Mortgage Insurance | Homeowner’s Insurance
Deed-GW-Declaration of Value | Septic System Update
Verification of Employment | Mechanics Lien – Exceptions
Underwriting | Flood Insurance
Notice of Action Taken | Submit To HMDA
Initial Closing Disclosures | Closing Documents
Funding | Wire Funds
Auto Transfer Notice – Coupon Book | Recorded Mortgage Received
Revised Closing Disclosures | Insurance Expiration
Final Abstract | Final Title Opinion
UCD Upload | ULDD Upload
Submit to CRA | Submit to Automated Underwriting System