Internal Control Questionnaires and Verification Procedures

Servicing — Cash Management

1. Are disbursements from custodial accounts adequately controlled?

2. Are custodial accounts reconciled in a timely manner?

3. Are the duties associated with the administration of custodial accounts properly segregated?

4. Are controls in place that ensure that custodial account funds are deposited only in qualified financial institutions?

Previous: Servicing — Control Systems Next: Servicing — Investor Accounting and Reporting