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FDIC Audit
The FDIC examiner will
want to see specific written policies and procedures covering
all areas of loan operations - from origination to post-closing.
Having a complete set on hand can alleviate many concerns and
save the organization substantial time and expense by mitigating
the time spent in audit.
HUD Audit
97% of all HUD audits
reference deficiencies in the lender's quality control plan.
This is usually the result of not having a production quality
control plan in place. Every lender is required to provide
a post-closing plan at the time of approval, but at renewal or
inspection, all of the production elements - origination,
processing, underwriting, closing, human resources and
operations - must be in place.
Sample Deficiency Report |
Products are 100% Guaranteed
We will respond on
your behalf and rebut or repair your product based on investors
or regulator's legitimate written deficiencies on your behalf.
Customers who own the
mortgage
banker package
Our offices in
Washington, DC allow us to hand-carry materials
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Additional Features
We can
customize your product for you.
We can collaborate
with your personnel using an intranet sharepoint
site
Pre-Audit Loan
Level Reviews can allow you to anticipate problems
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Our
Guarantee
We will correct or
refute, in writing, any deficiency or concern expressed in
writing by any regulator, auditor, examiner, agency or
investor/wholesaler/secondary market entity, except for those
related materials not provided by us, at our cost. This
includes discussing deficiencies, identifying potential
solutions, drafting and delivering rebuttals or additional
material, and any other non-litigation related soft costs
associated with production of industry-standard policies and
procedures. Travel, expert witness testimony,
customization and other services are provided at cost pursuant
to our standard schedule. |