Tag: pre-fund mortgage QC audits

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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 MBA’s Risk Management, QA & Fraud Prevention Forum
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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”…

New Whitepaper: Pre-Fund Mortgage QC Best Practices
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New Whitepaper: Pre-Fund Mortgage QC Best Practices

By now, everyone in the mortgage industry knows about the 10% random, post-close quality control (QC) audit requirements of Fannie Mae, Freddie Mac and the FHA/HUD. See our whitepaper to learn about post-close audit QC best practices. However, many mortgage lenders are not familiar with pre-funding QC, which increases the chances of non-compliance penalties being…

Mortgage QC Case Study: First Colony Mortgage