As a quality control expert with more than two decades of experience in the mortgage industry, MetaSource Senior Vice President of Mortgage Services Mary Kladde has seen all the ways in which loan quality can fall short. But while loan defect reporting is an important process, required of any lenders doing business with the government-sponsored…
We know how annoying it can be when retailers start reminding you to get a head start on your holiday shopping in the middle of October. But December does have a way of sneaking up on you. That was part of the message MetaSource Manager for MERS Operations Kelly Jensen shared with the audience at…
With 15 years of experience in the mortgage field, MetaSource Manager for MERS Operations Kelly Jensen has a lot of tips to share on the subject of reconciling mortgage documents with the MERS® system. His advice: work hard and learn to “speak geek.” That’s shorthand for finding someone on your IT team who understands the…
In 25 years of providing support and solutions to the mortgage industry, we’ve seen a little bit of everything. But there’s almost nothing we hate to see as much as a lien release that comes back rejected – especially when it’s completely avoidable. Lien release rejection leaves lenders at risk, because it creates a break…
If you’re attending the upcoming National Mortgage Servicing conference, be sure to visit MetaSource at the National Mortgage Servicing Conference & Expo 2018 in booth #618. You will learn about new servicing quality control (QC) requirements, our QC services and a host of other solutions we offer to mortgage servicers. 5 Reasons to Consider MetaSource…
With 2017 behind us, here is a look back at the top 15 mortgage quality control issues based on tens of thousands of post-close QC audits that we performed over the past year. In their second full year of adjusting to the Consumer Financial Protection Bureau’s (CFPB) enhanced disclosure requirements, lenders managed a better track…
Though relatively new, robotic process automation (RPA) is already starting to dramatically streamline the mortgage lending process. The Best Part: there are now mid-market solutions like Kapow from MetaSource that offers the benefits of RPA for a fraction of the price that the large consulting firms and IT integrators would love to charge you. And,…
In the spring of 2011, the Office of the Comptroller of the Currency issued consent orders outlining a quality assurance mission for MERSCORP Holdings, Inc. and the nation’s largest servicers. The mission was designed to ensure the data accuracy within the MERS® System could effectively support its role in securitization. As a result, MERS consolidated…
This year, MetaSource will be returning to the NCSHA’s Annual Conference & Showplace, hosted by the National Council of State Housing Agencies. This event, the main networking event of the year for Housing Finance Agencies, takes place October 14-17 in Denver. Visit us at Booth #113 to see how MetaSource eliminates mortgage quality control headaches…