The QC Concierge - January 2026

At QC Verify, we strive to be the leading provider of QC, Verification, and Validation Services in the mortgage banking industry. With our expertise and dedication to customer service and quality, we assist lenders in delivering accurate and compliant loan reports. 

Why Re-Verifying Occupancy Matters

From a Fannie Mae and Freddie Mac standpoint, Quality Control re-verifying occupancy is essential because the borrower’s occupancy type directly affects loan risk, eligibility, and pricing. Primary residences typically carry lower risk than second homes or investment properties, making accurate occupancy classification critical. Re-verification allows Quality Control to independently confirm that the occupancy stated on the loan application is accurate and supported by documentation at the time of closing. This helps identify errors, misrepresentation, or changes in circumstances that could impact loan performance. By confirming occupancy through reliable third-party sources, lenders reduce repurchase risk, strengthen compliance with agency guidelines, and demonstrate responsible risk management, ultimately protecting both the lender and the secondary market.

Verification of Deposit Update

VyStar Credit Union validates our Verifications of Deposit by returning a copy of the statement we originally sent with our initial request. They do not respond to the questionnaire; instead, they simply return the same document. We review the returned statement but do not upload it to MARS, as it is identical to the document already in the file. Our auditors will address any discrepancies in the report observations, if found. 

Defect Summary Report Tip

If all branches should be included on the report, leave the Branches field blank in the selection process.  Only use this field when specific branches need to be reviewed.