IF YOUR QC PLAN HASN'T
BEEN UPDATED SINCE 8/21/06, IT WON'T MEET
HUD'S NEW REQUIREMENTS

Purchase Your QC Plan

On August 21, 2006, HUD published its revised Chapter 7 (Quality Control Plan) of Handbook 4060.1 REV-2 on the World Wide Web at: http://www.hudclips.org/cgi/index.cgi

There have been some dramatic changes to the rules that could adversely affect how you can operate your HUD approved mortgage business. Listed below are just a few of the changes and revisions to HUD'S Revised Handbook 4060.1 REV-2.

All HUD Approved Mortgagees and Loan Correspondents MUST start reporting the compensation of its employees (including Loan officers) on IRS form W-2.

50% of all HUD Approved Mortgagees and Loan Correspondents gross revenues MUST be derived from Mortgage Lending Activities.

Satellite offices that were used for taking loan applications have been eliminated from the program. All branch offices MUST have it’s own HUD Identification Number.

The bottomline: You need a new QC Plan.


will customize a QC-Plan especially for you in your company's name that will be in compliance with HUD's new requirements.
The cost is only $495.00
+shipping & handling



TO ORDER YOUR QC PLAN ON LINE, BEGIN HERE:
Yes, Please prepare a QC Plan for my company that
will meet the new requirements of
Chapter 7 ( Quality Control Plan) HUD Handbook 4060.1 REV-2
Contact Name:
*
Company Name:
*
Address:
*
City:
*
State:
*
Zip:
*
HUD ID #:
Phone:
*
Fax:
Email Address:
*
* required

Cancellation Policy

You may CANCEL this transaction, without any penalty or obligation, within THREE BUSINESS DAYS (business days defined as Monday-Friday, excluding holidays) from the order date. If you cancel, any payments made by you under the sale will be returned as a credit to your credit card within THIRTY DAYS following receipt by QC-MAC of your cancellation notice.

To cancel this transaction you must submit the cancellation notice to QC-MAC NOT LATER THAN MIDNIGHT of the THIRD BUSINESS DAY from your order date. To submit, click on the "Cancellation" button below, complete the form and click submit. QC-MAC’s contact e-mail address is Ben@qcmac.com. QC-MAC’s fax number is (310) 568-1479.

IMPORTANT: No refunds are available if your cancellation notice is NOT received within THREE BUSINESS DAYS from the order date.

Quality Control Mortgage Assurance Corp. Home Page