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Enhanced Repurchase Options Set to Improve QC
The Federal Housing Finance Agency (FHFA) announced policy updates last month in an effort to support “current and aspiring homeowners.
QC Verify
Dec 10, 20243 min read
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Default in a Higher Interest Rate Environment. Part 1 – The New FHA Payment Supplement
As we move into the month of July, celebrating Independence Day, it’s a perfect time to reflect on what it means to live in this valued...
QC Verify
Jul 1, 20244 min read
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Leveraging AI as you balance compliance and quality control
In the realm of finance, particularly in the mortgage sector, compliance is non-negotiable. The complexities of regulatory requirements...
QC Verify
Mar 25, 20244 min read
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Reverifications – What You May Be Missing
Quality Control is, and has been, the cornerstone for mortgage lending when achieving consistency and minimizing risk to your...
QC Verify
Dec 12, 20233 min read
177 views
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Staying in check when interest rates surge
We saw it coming, watching mortgage interest rates rise with each passing meeting of the Federal Reserve Board, but did we think that...
QC Verify
Oct 17, 20233 min read
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Fannie Mae Prefunding and Post-Closing updates are effective September 1st – Are you ready?
September 1st is right around the corner, marking the last date to implement Fannie Mae’s lender quality control updates announced back...
QC Verify
Aug 23, 20234 min read
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Avoid IRS Transcript Order Rejections by Making Required Changes to the IRS Form 4506-C
As of March 1, 2023, the IRS changed from a manual ordering process to Optical Character Recognition (OCR), along with clean form...
QC Verify
May 2, 20232 min read
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A changing perspective on valuation, loan quality, and sweat equity
Fannie Mae is modernizing their approach to doing business issuing changes that begin to highlight a shift in how we do business, and...
QC Verify
Mar 14, 20234 min read
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Staying ahead of loan quality risk in a changing market
We all know that a purchase market brings more fraud than a refinance market. So, as the pendulum swings back to purchase and overall...
QC Verify
Feb 27, 20233 min read
107 views
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ARM loans are back… and it’s a good thing!
Today’s interest rate environment can be scary for the vast number of borrowers currently in the market. A quick look back on interest...
Claudia Duncan
Jan 12, 20233 min read
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A tale of two credit scores – Are you ready to QC bi-merge credit reporting?
The Federal Housing Finance Agency’s recent announcement that credit scoring on conventional loans will soon include FICO 10T and...
QC Verify
Dec 30, 20225 min read
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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...
QC Verify
Oct 24, 20223 min read
126 views
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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...
QC Verify
Jun 20, 20224 min read
150 views
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