Credit Plus launches new loan quality control program

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Credit Plus Inc. announced that it will be offering QC Review, a new loan quality control program, which allows lenders to perform quality assurance checks to meet their own policies and procedures.

Responsibilities include performing internal quality assurance on mortgage loan files audited as part of a lender’s Pre and Post Closing quality control program. The Quality Assurance Analyst will analyze a percentage of all files audited by LoanLogics’ Quality Control teams and document areas of non-compliance with the organizations Policy.

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Our platform also originated over RMB 14.8 billion in loans, an increase of 98% versus. So, are we still using annualized 4.5% in terms of this quality assurance program? And third question is.

In addition to a charge-off policy, credit unions should also implement a quality control process by which they review the loan portfolio, or components of the loan portfolio, to determine if existing or potential risk factors exist that, if left unattended, could adversely affect the overall quality of the loan portfolio. Credit

ISIGN Corporation, Melbourne, Florida, a provider of end-to-end technology solutions and services to the U.S. mortgage industry, has launched a new quality-control service for correspondents–a program for correspondent lenders with warehouse lines of credit that evaluates all quality-control points in the origination of mortgage loans, from the submission of a loan application to post-closing.

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 · Equifax Inc. (NYSE: EFX) announced today the launch of a breakthrough mortgage solution to help lenders comply with Fannie Mae’s updated policy regarding borrower liabilities. Undisclosed Debt Monitoring is the mortgage industry’s first platform to monitor for and notify financial institutions of new accounts