This report includes loans for which an updated status has not been reported within the last 180 days or any loan ISAC is not able to match on our database. These identified loans are to be reported in the next scheduled monthly or quarterly Lender Manifest submission, but must be reported to ISAC no later than July 31, 2000. The packet you will receive includes a cover letter that contains an explanation of the purpose of the report and instructions for its use.
Audits now concentrate on verifying certain specific data elements reported via lender manifest.
The change in the audit scope is aimed at increasing the integrity of the data reported via lender manifest and will include an emphasis on unreported loans. As a reminder, Lender Manifest files may be transmitted through StarBase by performing the following steps. The file will be transferred to ISAC during the next transmission and will automatically be deleted after the transmission. Gloria Buie, ext. 2849, or David Barinholtz, ext. The next Commission meeting is scheduled for Friday, June 2, in the Old Main Room of the Bone Student Center on the campus of Illinois State University, Normal.