Make Short Work of MERS Compliance with mintrak®2™
It’s the season for starting in on the job of wrangling MERS data, but for mortgage servicers with the power of mintrak2 automation, it’s just summer.
It’s the season for starting in on the job of wrangling MERS data, but for mortgage servicers with the power of mintrak2 automation, it’s just summer.
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…
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…
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…
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…
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…
Learn how outsourcing mortgage compliance audits to MetaSource First Colony’s cost by 15% every year.
Many mortgage originators and servicers conduct their own mortgage file QC audits. Who’s auditing these auditors? With continuously changing post-close, pre-fund, servicing, and MERS changes from Fannie Mae, Freddie Mac, FHA, HUD, and the CFPB, it’s increasingly important to ensure your audit team is up to speed on all mortgage QC requirements and self-auditing your…
With all the cyber-attacks and security breaches in companies, in the US government, even in cars, security should be the top priority for all companies and their mortgage quality control compliance partners. In today’s world it is not enough to just depend on SFTP for secure mortgage document submissions. The only defense you have from…