Tag: mortgage compliance

TRID Turns 5: What We’ve Learned About Successfully Managing Mortgage Origination Compliance
Make Short Work of MERS Compliance with mintrak®2™
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Not Easy, Cheap Nor “Out of the Box”

Guest Blog by Mary Kladde Walraven Digital transformation toward automation is not easy, cheap, or “out of the box”. Any of these words used in a sales pitch or marketing material should set off major red flag warnings in your mind, pun intended. Technology and software development, in general, does not typically lend itself to…

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Top 15 Mortgage QC Findings for 2016

With 2016 in the books, here is a look back on the top 15 mortgage quality control issues based on thousands of post-close QC audits that we performed over the past year. All but three are compliance and TRID related. While we did see a slowdown in TRID findings as the year progressed it does…

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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…

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Mortgage Audit Top 20 Defects and Findings in 2015

Having performed tens of thousands of mortgage compliance audits through the years, we get asked about the most common problems in the pre-fund, post-close, servicing, and MERS audits we perform. With 2015 firmly in the books, the jury is in: here are the Top 20 defects for moderate and significant findings that we identified as…

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Mortgage QC & The National Mortgage Servicing Conference

Attention Mortgage Servicers: visit us at the National Mortgage Servicing Conference & Expo 2016 in booth #315 Mortgage Servicing Quality Control Auditing Servicers know they need to meet QC audit requirements to do business with Fannie Mae, Freddie Mac, FHA, Ginnie Mae, and the Veterans Administration (VA). You also know that failure to comply can…

Mortgage QC Case Study: First Colony Mortgage
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4 Essentials of a Compliant Mortgage QC Plan

Ensuring the mortgages you originate and/or service are in compliance with myriad requirements is critical for both operating efficiently and profitably, as well as avoiding major fines from the CFPB. Below are four essentials of creating and ensuring that your mortgage quality control (QC) plan is compliant and effective. Establish Your Credit Culture Mortgage lenders…