Mortgage Quality Control Plans
Quality Mortgage Services started its quality control services by writing FHA Quality Control Plans for those companies applying for FHA approval.
QMS has years of experience standing by the accuracy of its QC Plans based on the thousands of plans that were accepted by government and private agencies, lenders, and investors. QMS will work as your mortgage compliance advisor in mortgage banking to customize your Quality Control Program by ensuring it is articulated in your QC Plan that will be accepted by mortgage investors, lenders, and any joint interagency.
FHA Quality Control Plan
Quality Mortgage Services can develop an FHA quality control plan that meets agency standards. The staff at Quality Mortgage Services has a wealth of knowledge, a wide range of professional and technical mortgage lending experience, and abilities based upon strong agency and government mortgage loan auditing.
We stay abreast of changing mortgage guidelines from all of the government agencies, and can help you develop a QC plan for mortgage lenders and a program that will help you obtain FHA approval from your sponsoring lender.
Is your lender quality control plan compliant? Stop worrying about it, and let Quality Mortgage Services help you with an FHA Quality Control Plan. Building on our years of experience and the depth of our knowledge, our dedicated professionals will develop a compliant mortgage quality control plan for FHA. Contact us today.
FHA Sponsor Quality Control Plan
The FHA and sponsoring lenders require submission of a formal FHA Quality Control Plan that adheres to their guidelines before you are allowed to process any loan. In addition many of the governing agencies such as Freddie Mac and Fannie Mae require similar quality control plans.
Quality Mortgage Services specializes in mortgage quality control and loan review services. We have made available a plan that exemplifies our work, and we can design a customized QC plan, not a one-size-fits-all solution, for your business in particular. This plan will enable you to meet the requirements of the inter agency guidelines to include FHA as well as the VA, Freddie Mac, and Fannie Mae.
Ensure that your mortgages are solid and marketable; contact Quality Mortgage Services for mortgage quality control expertise.
MERS® Quality Control Plan and QC MERS® Audits
Mortgage loan servicers are up for a challenge. FNMA’s “Delinquency Management and Default Prevention (SV-2011-08R)” and FHLMC’s “Servicing Alignment Initiative” have become effective 10/01/2011. The changes in policy and focus on resolving delinquency will be keeping servicers busy during the upcoming months.
Short sales, Deeds in Lieu and Modifications can be tools to mitigate losses. Data integrity and proper chain of title is essential in performing these functions.
Quality Mortgage Services, LLC offers our clients a specialized audit which targets information reported to Mortgage Electronic Registration System (MERS®). Let QMS perform the audit of your organization’s process as it pertains to MERS® to allow you the time to focus on mitigating losses and providing service to your customers.