Unlike other industries, mortgage banking quality control is not just a simple QC plan. All agencies require a formal mortgage QC plan to be submitted that conforms to agency guidelines for your company to be allowed to process any loans.

Mortgage banking quality control plans are an extremely important part of mortgage QC. In fact, the agency approval of your business depends upon your written mortgage QC plan. Many choose to turn to the mortgage compliance advisor professionals at QMS for assistance preparing this important document.

A mortgage quality control plan

The staff of QMS is made up of mortgage banking advisors that include former underwriters, HUD field monitors and other mortgage compliance advisors. They have a thorough knowledge of the industry and understand how to construct a mortgage quality control plan that will satisfy regulations from all of the agencies listed above.

There are many other mortgage services offered by QMS besides the mortgage QC plans. If you need audits of various types or even help with repurchase defense or mortgage services quality control, the QMS staff is ready to assist you. Off site and on site audits, announced or surprise, can be arranged. QMS even maintains a proprietary software called MARS that will let you monitor the mortgage audit process and generate QC reports. Contact QMS today and explore the many ways they can help your company reduce loan defects and improve mortgage loan quality.

Servicing Compliance Review Quality Control Servicing QMS Servicing Mortgage Servicing Quality Control Mortgage Servicing QC Reporting Mortgage Quality Control