Post-Closing Audits

QC Verify

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

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

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

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...

Claudia Duncan

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...

QC Verify

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

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

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...