QC Verify
Understanding Fannie Mae’s Definition of “Competency”
Does your operations team stay ahead of the curve when it comes to appraisals? With inflated values collapsing under the pressure of an...
Search
QC Verify
- Jun 20
- 4 min
What happens when both home equity and interest rates skyrocket?
Rising interest rates are rapidly giving pause to cash out refinance activity and subsequently reigniting interest in home equity loans...
123 views0 comments
QC Verify
- Mar 8
- 3 min
GSEs Announce New Waivers for Originators
As the new year begins, originators will have access to several waivers as the Government Sponsored Enterprises (GSEs) prepare for...
23 views0 comments
Claudia Duncan
- Feb 23
- 3 min
Quality Mortgage Services is merging to become QC Verify, LLC
Representing the continued evolution of quality control and audit technology, QMS, a recognized mortgage audit outsource provider, is...
66 views0 comments
QC Verify
- Jan 31
- 3 min
Counting down the defects…. Here are the top 3 areas for defects from 2021
Sometimes the theme is overwhelming, and in this case the lean towards defects in these three areas has been double and triple the number...
19 views0 comments
QC Verify
- Jan 31
- 3 min
As the pandemic subsides, what does the fraud frontier look like?
Fraud didn’t really subside during the pandemic, although 2020 did see a drop tied to the lower risk refinance market. Fraud did however...
5 views0 comments
QC Verify
- Jan 31
- 3 min
How does your team combat present-day mortgage fraud?
Mortgage fraudsters love a busy origination season, and the past two years have delivered on this front. As your staff is diligently...
8 views0 comments
QC Verify
- Jan 31
- 4 min
Back to school with new rules from the CFPB
Will you be ready for exams? The Consumer Financial Protection Bureau (CFPB) didn’t take a summer break this year. In fact, mortgage...
7 views0 comments
QC Verify
- Jan 31
- 3 min
Spotlight on the Power of Income & Asset Reverification
The reverification component of quality control continues to be in the spotlight as investors work to ensure the record high volume of...
11 views0 comments
QC Verify
- Jan 31
- 3 min
Have you read Fannie Mae’s new QC requirements for collateral?
Amidst continued market volatility affecting interest rates, production volume and pandemic protections, quality control requirements...
78 views0 comments
QC Verify
- Jan 31
- 4 min
As originations soar, have you fallen behind in QC?
As we come off of a record setting year of mortgage originations… the Mortgage Bankers Association predicts the final number will be...
4 views0 comments
QC Verify
- Jan 31
- 1 min
Christmas Wishes
As this year comes to an end, we want to thank you for your partnership. There is so much that we can say about the unprecedented nature...
2 views0 comments
QC Verify
- Jan 31
- 3 min
Fannie Mae and Freddie Mac offer COVID-19 flexibilities to yearend
The pandemic appears to be resurging amidst a quasi-plateau in reported delinquency. At this juncture, it is difficult to predict...
4 views0 comments
QC Verify
- Jan 31
- 4 min
The summer of COVID-19
It has been a long hot summer for the mortgage industry and the COVID-19 requirements are keeping us sizzling.Radiating from all agencies...
1 view0 comments
QC Verify
- Jan 31
- 3 min
FHA issues temporary COVID-19 guidance for self-employed income, rental income and 203(k) rehab esc
The U.S. Department of Housing and Urban Development (HUD) has been diligent in efforts to incorporate COVID-19 updates and requirements...
5 views0 comments
QC Verify
- Jan 31
- 3 min
What does a temporary waiver of QC requirements mean for your organization?
The U.S. Department of Housing and Urban Development (HUD) issued FHA INFO #20-44 on June 22nd. Of the numerous updates, including...
2 views0 comments
QC Verify
- Jan 31
- 4 min
100 Days of COVID-19
The mortgage industry is fast approaching day 100 since the first COVID-19 guidance was offered by the Government-Sponsored Enterprises...
0 views0 comments
QC Verify
- Jan 31
- 3 min
The COVID-19 income verification roller coaster
With escalating unemployment, furloughs, wage reduction and an overall lack of certainty in respect to the U.S. job market, income and...
1 view0 comments
QC Verify
- Jan 31
- 4 min
Who’s being helped by SBA PPP loans?
In staying abreast of the ongoing industry impact of the Coronavirus Aid, Relief, and Economic Security Act (CARES), Quality Mortgage...
0 views0 comments
QC Verify
- Jan 31
- 3 min
Staying abreast of COVID-19 Quality Control guidance
Quality Mortgage Services (QMS) continues to focus on helping our clients and prospects stay on top of the rapidly changing flexibility...
0 views0 comments