QMS Adds HMDA Data Audits to Its Services
Brentwood, TN – March 10, 2015 –Quality Mortgage Services, LLC (QMS) The Mortgage QC and Auditing Technology Solutions Company announced today that it is incorporating a new service to its line of mortgage banking audits. QMS is now offering HMDA Data Audits to banks and mortgage lenders.
“We are pleased to be able to offer financial institutions the support to assist them in staying compliant with their HMDA LAR report requirements, ”said Tommy A. Duncan, CMT, company CEO. “Our programmers are working on the implementation of the HMDA auditing tool as part of the MARSTM (Mortgage Analyst Review Software) technology. HMDA clients will have reporting and analytical tools available at their fingertips via the MARSTM portal.”
QMS currently provides companies with Post-Closing QC, Pre-Funding, MERS®, and MARSTM (Mortgage Analyst Review Software). QMS HMDA Audits include: Data Entry, Scrub for Data Validation and HMDA report corrections.
Quality Mortgage Services (QMS) is one of the nation’s leading mortgage banking and compliance companies providing solutions to the mortgage and finance industry. QMS audits and reviews thousands of loans using its proprietary software MARSTM to track and trend loan defects.