" " MERS® | Mortgage Electronic Registration System | QMS Mortgage

MERS

AUDITS

YOU

CAN 

TRUST

Quality Mortgage Services offers servicers a specialized  audit that targets information reported to the Mortgage Electronic Registration System (MERS®).

MERS® Compliance Review – QMS provides servicers a specialized audit that targets information reported to the Mortgage Electronic Registration System (MERS®.)  Ensure compliant registration, payee designation, mortgagee data, tracking and reporting of Mortgage Identification Number (MIN) and other required data for mortgages with MERS as nominee for mortgagee.  

 

The QMS MERS® Audit Software (MAS), powered by MARS technology, performs data compare and contrast functions from servicing/origination software against the MERS® data to ensure data integrity. Additionally, the MAS quality assurance report provides servicers the ability to target data inconsistencies and offers a tool to assist in data correction. Areas not addressed in the data reconciliation are subject to an in-depth review, yielding a thorough end product.. 

 

As the mortgage banking industry expands its capacity to leverage data, systems such as QMS and MERS® will continue to play a vital role in the future of regulatory compliance and technical innovation.

QMS MERS® audit solutions offer the following services:

  • Data Reconciliation

  • MERS as Original Mortgagee (MOM) & Non-MOM Loan Registration

  • Data Integrity Checks for Promissory Note/Security Instrument 

  • Transfers of Servicing and/or Beneficial Rights

  • Paid-o s Foreclosures, Bankruptcies

  • Biennial Audits

  • Annual Attestations

  • Software Leasing 

  • MERS QC Plans and Audits

  • MIN Tracking and Reporting

Mortgage Servicing Quality Control

Simplify your Servicing due diligence and audit functions with solutions securing compliance with Consumer Financial Protection Bureau (CFPB) mortgage servicing rules, new Federal Housing Administration (FHA) Handbook guidelines, Fannie Mae and Freddie Mac guides and updates, as well as other ongoing regulatory requirements for Servicers.  QMS offers data reconciliation, annual reports, document reviews and other types of servicing audits through MAS, a proprietary software powered by MARS technology.

 

QMS services for and Servicing Audits includes Servicing QC Audits, FHA QC and Sponsor QC Plans.

GET A FREE CONSULTATION!

Quality Mortgage Services
216 Centerview Drive, Suite #280 
Brentwood, TN 37027-3354  

615.591.2528

Mortgage Bankers Association Logo
  • Black LinkedIn Icon
  • Black Twitter Icon
  • Black YouTube Icon
AICPA Logo
NVBDC Certified Veteran Owned Business Logo
Dun and Bradstreet verified logo

© Quality Mortgage Services | All rights reserved | Privacy Policy | Terms And Conditions | Website by Worden Design