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MetaSource Partners with ComplianceEase to Provide Automated Compliance Testing

MetaSource, the leading provider of mortgage quality control (QC)compliance advisory and workflow automation solutions, announced it has partnered with ComplianceEase® to provide automated compliance testing for loans submitted to MetaSource for review. Mortgage Risk Mitigation MetaSource provides lenders with independent third-party compliance reviews of their loan pipeline to provide feedback on potential issues that may…

QReview Pre-Fund QC Mortgage Audit Software Now Available
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QReview Pre-Fund QC Mortgage Audit Software Now Available

If you choose to perform a portion or all of your pre-fund mortgage quality control (QC) audits in house, QReview is a powerful new tool to use for completing them rapidly, especially if you are using spreadsheets or home grown software to track pre-fund data today. What Is QReview? QReview is web-based audit software that…

MetaSource Mortgage at the National MBA Conference 2016
News & Events

MetaSource Mortgage at the National MBA Conference 2016

MetaSource Mortgage will once again exhibit at the annual Mortgage Bankers Association (MBA) national conference and expo at the Hynes Convention Center from October 23-26. Stop by to see how MetaSource Mortgage can ensure the accuracy, completeness and compliance of your loans, so that you can concentrate on the core of your business. Specifically, you…

MetaSource Mortgage Website Launch
MetaSource Mortgage at the MBA’s Risk Management, QA & Fraud Prevention Forum
New Whitepaper: Mortgage Servicing Workflow Best Practices
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New Whitepaper: Mortgage Servicing Workflow Best Practices

In a recent National Mortgage News survey, the three pain points most often identified by servicing executives as highly challenging include the following: Moving mortgage data from loan origination to servicing systems (21%) Archiving and auditing for compliance and customer contact (20%) On-boarding new loans or acquired portfolios (17%) Whitepaper Highlights Our whitepaper, Mortgage Servicing,…

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Top 10 Mortgage QC TRID Findings for 2016

Now that TRID has been in effect since October 3, 2015 (with the grace period for enforcement having ended in March 2016), we now have over six months of data on findings based on the pre-fund and post-close quality control (QC) audits that we perform. Overall Findings Because of the new formatting required by TRID,…

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E-Mortgage QC Audit Implications

Thanks to Quicken Loan’s relentless advertising, including a Super Bowl ad, everyone seems to have heard of the “emortgage” and demand is rising as a result. Ironically, the emortgage has been around for 15 years but has been slow to be adopted in this paper-intensive industry. However, just as how Microsoft’s promotion of “The Cloud”…

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4506-T Income Verification Form Update: Important

There is a new requirement on the 4506-T Request for Transcript of Tax Return: the new form now includes a checkbox in the signature section that must be completed to generate a tax transcript. Remember to Check the Box! The new forms were required after March 1, 2016, so we want to make sure that…