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August 24, 2020

It has been a long hot summer for the mortgage industry and the COVID-19 requirements are keeping us sizzling.Radiating from all agencies and investors, there have been multiple updates offering continuing origination guidance issued by the Government-Sponsored Enterpr...

August 12, 2020

The U.S. Department of Housing and Urban Development (HUD) has been diligent in efforts to incorporate COVID-19 updates and requirements under the Coronavirus Aid, Relief, and Economic Security (CARES) Act into overall Federal Housing Administration (FHA) policy inform...

June 29, 2020

The U.S. Department of Housing and Urban Development (HUD) issued FHA INFO #20-44 on June 22nd.  Of the numerous updates, including Mortgagee Letters, issued as guidance under the Federal Housing Administration (FHA) Single Family Housing area, the underlying policy wa...

June 29, 2020

100 Days of COVID-19

June 2020

The mortgage industry is fast approaching day 100 since the first COVID-19 guidance was offered by the Government-Sponsored Enterprises (GSEs) on March 18, 2020. It’s been nearly three months since the Coronavirus Aid, Relief, and Economic...

May 12, 2020

With escalating unemployment, furloughs, wage reduction and an overall lack of certainty in respect to the U.S. job market, income and employment risk is at the height of volatility. What began as the absence of 4506-Ts for income verification, has evolved into the tem...

May 6, 2020

In staying abreast of the ongoing industry impact of the Coronavirus Aid, Relief, and Economic Security Act (CARES), Quality Mortgage Services (QMS) questions disparity in issuance of Paycheck Protection Program (PPP) loans by the Small Business Administration (SBA).In...

April 21, 2020

Quality Mortgage Services (QMS) continues to focus on helping our clients and prospects stay on top of the rapidly changing flexibility in guidelines offered as a part of COVID-19 relief. Building on the QC requirements that were highlighted in our previous COVID-19 bl...

April 2, 2020

In our initial COVID-19 blog we touched on process triage, as well as preliminary origination and servicing guideline changes and relief options.  More updates are occurring at a rapid pace as both the industry and government agencies strive to stay in front of the pro...

April 1, 2020

BRENTWOOD, TENN. (PRWEB) APRIL 01, 2020
 

Quality Mortgage Services LLC is proud to welcome Terra McCrory as Senior QC Mortgage Analyst, a new hybrid role designed to attract industry talent to fulfill key audit positions in a remote capacity. This role will assist QMS...

March 25, 2020

As we each grapple with the daily impact of COVID-19 in our personal lives, and prayerfully remain healthy, a myriad of tweaks and changes are occurring within our industry.The difficulty is managing to multiple areas of impact, from business closings, to increasing eF...

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August 24, 2020