Mortgage Loan Quality & Retention

Ensure Compliance with Workflow Automation Software & Services

MetaSource provides comprehensive workflow automation, document management and services that ensure compliance with CFPB and TRID, FHA, Fannie Mae, Freddie Mac, and other regulatory bodies with secure access, automated document retention scheduling, instant search and retrieval, and auditor self-service.

Mortgage Industry

Fannie Mae and Freddie Mac require that you perform a post-close QC audit on 10% of all mortgages you originate. For those conducting post-close audits internally, third-party software exists to help ensure these audits are conducted as thoroughly as possible.

As of October 1, 2015 with TILA-RESPA (TRID), the CFPB mandates the use of two new disclosures to aid in consumer understanding and industry compliance (LE-Loan Estimate and CD-Closing Disclosure). Federal and state government agencies additionally require that you retain loan documents for up to seven years. We help mortgage originators and servicers ensure compliance for all of the above with workflow automation software and our Mortgage Compliance Advisors services.

Additional Compliance

  • Back Office: securely and confidentially manage all content related to hiring, invoicing, auditing and more
  • Self-Service Auditing: make third party auditing easier by authorizing access so that auditors can search and retrieve documents on their own
  • Retention Scheduling: automatically apply a retention schedule to each document so that it can be stored for only as long as it needs to be and is destroyed when the retention period expires

Contact us to learn more about our mortgage compliance solutions