Banks and Credit Unions do an outstanding job of staying on top of quality control, especially when it comes to federal regulatory audits, because of the number of banking oversight agencies who dabble in banking. Quality Mortgage Services offers a comprehensive federal regulatory audit for any mortgage bankers who need visibility on the regulatory risk in mortgage loans. The lack of mortgage compliance or mortgage servicing compliance may result in agency fines and potential litigation. The federal regulatory audits reports and servicing QC will bring forward regulatory discrepancies so that banks can tighten loan officer training, procedures, and process during the loan process as well as loan servicing. The federal regulatory audits will help the compliance officer see the trends from the various loan types and see weakness in the process.
In the midst of a rapidly changing industry, the professionals at Quality Mortgage Services remain at the forefront of the latest trends. We are committed to cultivating long lasting partnerships with our clients and providing superior service each step of the way. Our proactive approach will prevent your organization from undergoing costly litigation. Contact us today to learn more about the wide-ranging services that we provide.