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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...

September 18, 2019

Will the rescission of the Department of Housing and Urban Development’s Mortgagee Letter 2019-06: Down Payment Assistance and Operating in a Governmental Capacity, be the last word on restricting housing funds for DPA?  The industry doesn’t think so, besides this is n...

July 15, 2019

As we quickly approach the extended deadline of July 23 for Mortgagee Letter 2019-06, granted in ML 2019-07, one can’t help but wonder what the outcome will be.  The original Mortgagee Letter issued by the U.S. Department of Housing and Urban Development (HUD) on April...

May 15, 2019

Quality Mortgage Services (QMS), LLC is now officially designated as a veteran-owned small business (VOSB)

May 15, 2019. (FRANKLIN, TN). Quality Mortgage Services LLC is proud to join the ranks of professional organizations certified to provide services under industry s...

April 25, 2019

The Equal Credit Opportunity Act (ECOA), implemented under Regulation B, and the Fair Credit Reporting Act (FCRA) together officially dictate whether or not, how and when a consumer should receive notice of adverse action on applications that are wthdrawn, denied, or c...

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August 24, 2020

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