About QC-MAC
QC-MAC specializes in providing the mortgage banking industry with a full range of Quality Control services on an outsourcing basis. Our services include:
- Post
Closing Loan File Reviews (to meet the HUD, VA, Fannie Mae and Freddie
Mac requirement to conduct quality control reviews of 10% of closed
loan files).
- Simulated
On-Site HUD and DRE Compliance Audits of Mortgage Brokers and Loan Correspondents.
- Quality
Control Plan Preparation.
- Pre-Funding/Pre-Approval
Investigations.
- Early
Payment Default Investigations.
- Annual
On-site HUD Compliance Audits of Loan Correspondents (Required of Sponsors).
- Branch
Office On-site HUD/DRE Compliance Audits.
- Consultative
(advisory) services about matters dealing with regulatory compliance,
licensing, mortgage lending procedures, preparing responses to HUD Quality
Assurance Audits, developing quality control procedures, and fraud identification
and investigation.
- Training
loan originators, processors and underwriters on fraud detection, quality
control procedures and methods to improve the quality of loan files.
- Helping Brokers Obtain HUD's Approval to originate FHA-insured loans.
QC-MAC minimizes the economic impact on the small to medium-sized mortgage firms because of the savings on the cost of hiring an individual with the experience and expertise that it takes to conduct quality control audits and prepare written management reports. This expertise is necessary to guard against fraud and poor investment quality loans. QC-MAC can save a mortgage company the cost of an employee with "savings" to spare!
QC-MAC's competitively priced QC services can provide peace of mind to the Mortgage Loan Originator that the quality of the loans originated will meet the compliance requirements and guidelines of investors, lenders, insurers and governmental agencies. It also will relieve any worries about having the necessary in-house technical quality control expertise to comply with the policies, procedures, regulations and guidelines of the various governmental agencies (HUD-FHA and VA), quasi-governmental entities (Fannie Mae, and Freddie Mae) and other private investors. With QC-MAC's expertise at your service, concerns about mortgage loans being insured or purchased will be a thing of the past.
For every Mortgage Loan Originator, knowing how you can lose your lending approvals...WILL HELP YOU TO KEEP THEM! Be smart. LET QC-MAC BE YOUR QUALITY CONTROL HELP SOURCE.
