Mortgage Manuals
  • Home
    • Search our site
    • The CFPB and You
    • What Does a QC Plan Do?
    • Choosing the Right One
    • Free Sample Request Form
    • Request Discount Code
    • About Us >
      • About Us
      • FAQs
      • 100% Guarantee
      • Client List
    • Industry Blog
  • Single Policies
    • Single Policies
    • Free Sample Policies >
      • TIL-RESPA Integrated Disclosure (TRID)
      • HPML Appraisal Policy
      • Social Media
      • Ability to Repay
      • SAFE Act Policy
      • E-Sign Policy
      • Loan Originator Comp
      • Complaint Resolution
    • Disaster Recovery/Business Continuity Plan
    • Fair Lending/Fair Housing
    • Secondary Marketing-Loss Mitigation
    • Anti-Money Laundering (AML/BSA/SAR) Plan
    • Appraiser Independence - Appraisal Management
    • Anti-Predatory Lending (UDAAP)
    • Vendor Management
    • Business Plan
    • MERS QA Plan
  • Modules
    • Module System
    • Mortgage Compliance Manual
    • Quality Control Options >
      • Quality Control Options
      • Lender Quality Control Plan >
        • HUD-FHA Quality Control Plan
      • Broker QC Plan
    • Information Security - FACTA/Red Flags & ID Theft >
      • IT/Cyber Audit
    • Origination/Production Module
    • Processing Module
    • Underwriting/Credit Policy
    • Closing/Funding/Warehouse
    • Mortgage Ops & Employee
    • Wholesale/Third Party Origination
    • Mortgage Servicing Module >
      • Mortgage Servicing
      • Mortgage Sub-Servicing
      • MERS Quality Assurance (QA)
  • Packages
    • Packages
    • Anti-Money Laundering (AML/BSA/SAR) Package >
      • Annual AML/BSA Audit
      • Annual AML Training
      • Free AML/BSA SAR Evaluation
    • Cyber/IT Security Audit Package
    • State Audit Prep >
      • State Audit Prep Package
      • Pennsylvania Exam Preparation
      • Washington State Mortgage Lender Broker
      • New York Lender Broker Audit Prep
      • North Carolina Lender Broker
      • Ohio Mortgage Lender Broker
      • Texas Exam Preparation
      • State Examination Packages >
        • Supervisory Plan
    • Mortgage Banker Package
    • Correspondent Broker Pack
    • Lender Compliance Pack
    • Broker-Corr Compliance Pack >
      • Broker-Corr Compliance Pack
      • Specific Lenders Requirements
    • Processing Company Package
  • Services
    • Services
    • Annual Audit Preparation >
      • State Audit/Exam Prep >
        • State Examination System (SES) Support
    • Training Services >
      • AML Training
      • Fair Lending Training
      • ID Theft Training FACTA
      • Cybersecurity Training GLB Safeguarding
      • Fraud Red Flag and QC Training
      • Privacy Act - GLB Training
      • Advertising Compliance Training
      • New Employee Training
    • My Compliance VP - Manager >
      • My Compliance VP - Manager
      • Login Compliance Manager
      • Login Document Managment
      • Document Management Services
    • Updates and Downloads >
      • Updates and Downloads
      • Updates and Downloads (members)
    • Warehouse Lender/Agency Approval >
      • Comergence Upload Service
    • Request Review
    • How to: Customization Services >
      • Customization Services
      • How to: Downloading Documents
      • How to: Customize Your Manual
      • Free "Generic" Customization Offer

Investor-Specific Requirements

Often, we will learn of an investor/wholesaler who applies a more rigorous or specific requirement to a particular compliance aspect. We have posted these findings here:

8-11-15 - United Wholesale Mortgage - We have provided the location of UWM's various pre-funding QC requirements in our plan. See Updates and Downloads.

3-10-15 - American Financial Resources - Requiring a complete pre-funding quality control review for brokers. Our opinion is that the lender is misreading the requirement, because, if taken literally, it would mean the broker would have to go to the lender's office and randomly select files to conduct a full re-verification review, including underwriting, appraisal and credit.  Our broker plan has a pre-funding requirement addressing this issue. 

1-10-11 - CitiMortgage/Comergence - Comergence has a very specific checklist requirement for the quality control and compliance plan.  Unfortunately, like many agency  requirements, the guidelines are at once very specific but then so broad as to miss communicating the spirit of the requirements.  In order to meet the requirement you must add the HR (Hiring/Background) and Origination Module (SAFE Act/Compensation) Components.

Investor Package Prep

MortgageManuals.com
1 Research Court, Suite 450
Rockville, MD 20850
Toll Free 1 (877) 918-7246  (91-TRAIN)
(240) 403-4015 - Office
(877) 918-7246 - Fax
All Material © 1996 - 2022 QuickStart Publications
Picture
Picture
Website by VertiReach
  • Home
    • Search our site
    • The CFPB and You
    • What Does a QC Plan Do?
    • Choosing the Right One
    • Free Sample Request Form
    • Request Discount Code
    • About Us >
      • About Us
      • FAQs
      • 100% Guarantee
      • Client List
    • Industry Blog
  • Single Policies
    • Single Policies
    • Free Sample Policies >
      • TIL-RESPA Integrated Disclosure (TRID)
      • HPML Appraisal Policy
      • Social Media
      • Ability to Repay
      • SAFE Act Policy
      • E-Sign Policy
      • Loan Originator Comp
      • Complaint Resolution
    • Disaster Recovery/Business Continuity Plan
    • Fair Lending/Fair Housing
    • Secondary Marketing-Loss Mitigation
    • Anti-Money Laundering (AML/BSA/SAR) Plan
    • Appraiser Independence - Appraisal Management
    • Anti-Predatory Lending (UDAAP)
    • Vendor Management
    • Business Plan
    • MERS QA Plan
  • Modules
    • Module System
    • Mortgage Compliance Manual
    • Quality Control Options >
      • Quality Control Options
      • Lender Quality Control Plan >
        • HUD-FHA Quality Control Plan
      • Broker QC Plan
    • Information Security - FACTA/Red Flags & ID Theft >
      • IT/Cyber Audit
    • Origination/Production Module
    • Processing Module
    • Underwriting/Credit Policy
    • Closing/Funding/Warehouse
    • Mortgage Ops & Employee
    • Wholesale/Third Party Origination
    • Mortgage Servicing Module >
      • Mortgage Servicing
      • Mortgage Sub-Servicing
      • MERS Quality Assurance (QA)
  • Packages
    • Packages
    • Anti-Money Laundering (AML/BSA/SAR) Package >
      • Annual AML/BSA Audit
      • Annual AML Training
      • Free AML/BSA SAR Evaluation
    • Cyber/IT Security Audit Package
    • State Audit Prep >
      • State Audit Prep Package
      • Pennsylvania Exam Preparation
      • Washington State Mortgage Lender Broker
      • New York Lender Broker Audit Prep
      • North Carolina Lender Broker
      • Ohio Mortgage Lender Broker
      • Texas Exam Preparation
      • State Examination Packages >
        • Supervisory Plan
    • Mortgage Banker Package
    • Correspondent Broker Pack
    • Lender Compliance Pack
    • Broker-Corr Compliance Pack >
      • Broker-Corr Compliance Pack
      • Specific Lenders Requirements
    • Processing Company Package
  • Services
    • Services
    • Annual Audit Preparation >
      • State Audit/Exam Prep >
        • State Examination System (SES) Support
    • Training Services >
      • AML Training
      • Fair Lending Training
      • ID Theft Training FACTA
      • Cybersecurity Training GLB Safeguarding
      • Fraud Red Flag and QC Training
      • Privacy Act - GLB Training
      • Advertising Compliance Training
      • New Employee Training
    • My Compliance VP - Manager >
      • My Compliance VP - Manager
      • Login Compliance Manager
      • Login Document Managment
      • Document Management Services
    • Updates and Downloads >
      • Updates and Downloads
      • Updates and Downloads (members)
    • Warehouse Lender/Agency Approval >
      • Comergence Upload Service
    • Request Review
    • How to: Customization Services >
      • Customization Services
      • How to: Downloading Documents
      • How to: Customize Your Manual
      • Free "Generic" Customization Offer