Default in a Higher Interest Rate Environment. Part 1 – The New FHA Payment Supplement
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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
- Mar 25
- 4 min
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...
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QC Verify
- Dec 12, 2023
- 3 min
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...
145 views0 comments
QC Verify
- Oct 17, 2023
- 3 min
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...
85 views0 comments
QC Verify
- Aug 23, 2023
- 4 min
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...
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QC Verify
- May 2, 2023
- 2 min
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...
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QC Verify
- Mar 14, 2023
- 4 min
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...
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QC Verify
- Feb 27, 2023
- 3 min
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...
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Claudia Duncan
- Jan 12, 2023
- 3 min
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...
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QC Verify
- Dec 30, 2022
- 5 min
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...
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QC Verify
- Oct 24, 2022
- 3 min
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...
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QC Verify
- Jun 20, 2022
- 4 min
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...
150 views0 comments
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