MetaSource Mortgage Blog

MetaSource Named to the Housingwire Tech100, Again

Tuesday, March 14, 2017

MetaSource Named to the Housingwire Tech100, Again

The 2017 Tech100 Recognizes MetaSource's mintrak MERS Quality Assurance Software

For the last four years, Housingwire Magazine has recognized the most innovative technology companies in the industry as part of the HW Tech100. Housingwire covers issues in mortgage finance and real estate, including the technology critical for companies in the housing economy.

For the second year in a row, MetaSource has made the Tech100 for 2017, this time in recognition of our mintrak2 MERS QA Software in the "Lending, Servicing" category. We previously won the HW Tech100 2016 for our QLink mortgage QC software.

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TRID Rule Triggered Most 2016 Mortgage QC Headaches

Tuesday, March 07, 2017

MetaSource Study Finds 12 of Top 15 QC Issues Were TRID-Related

TRID Rule Triggered Most 2016 Mortgage QC Headaches

Salt Lake City—Mortgage lenders found the federal "Know Before You Owe" mortgage disclosure rule—formally known as TRID—to be the source of most of their quality control (QC) headaches in 2016, the first full year of the rule's implementation.

TRID accounted for 12 of the top 15 findings of quality control (QC) issues in 2016, according to a review by MetaSource of thousands of post-close QC audits conducted by the Utah-based third party mortgage compliance service provider.

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Notice of a New 2017 Annual Report Requirement for the MERSĀ® System

Monday, March 06, 2017

Recently MERS sent an email to all General Members that are listed as the Servicer on 1,000 or more active MINs. This email notification was sent to inform these companies that beginning with the 2017 MERS® Annual Report, MERSCORP Holdings, Inc. will require that all Third Party Reviewers provide their electronic signature on the eAnnual Report.

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