Quality Control for Mortgage Servicing Policy Manual
Get your servicing quality control policies in place with the Quality Control for Mortgage Servicing Policy Manual.
This policy provides clear guidance for quality control requirements associated with loan servicing. With strong references to servicing guidance provided by applicable agencies (Freddie Mac, Fannie Mae, FHA/HUD, VA, RHS, etc.), this policy manual is designed to address the goals and expectations of quality control measures based on the type of loans being serviced. In addition, this document includes guidance for managing subservicers. We recommend a supporting policy for Vendor Management to round out your policy coverage if subservicing is applicable to your business model.
The AllRegs Quality Control for Mortgage Servicing Policy Manual is a turnkey solution when it comes to effective QC protocols. This powerful resource is designed to provide strong compliance for loan servicing requirements through the QC practices outlined within this policy. This document addresses the many investor and agency expectation that loan servicers have an active quality control program in place. Not only does the policy help maximize effectiveness of your servicing operations, but it helps ensure compliance with investor, insurer/guarantor, and applicable federal laws.
This policy includes QC checklists to address servicing processes for loan types offered by the following agencies:
- Fannie Mae
- Freddie Mac
- HUD/FHA - U.S. Department of Housing and Urban Development
- VA - U.S. Department of Veterans Affairs
- Ginnie Mae
- RHS - Rural Housing Service
The Quality Control for Mortgage Servicing Policy Manual features the following benefits:
- Supports strong operational preparedness
- Establishes staff training requirements
- Defines roles and responsibilities
- Helps meet investor and internal compliance requirements
- Allows policy revisions to fit your business model
- Delivered via email within one business day
Maintenance: Receive regular and ongoing industry updates to keep your policy within regulatory requirements.
Publishing: Publish your manual, including your company procedures, in AllRegs Online to complete your policy manual solution.
Contact your account manager for information regarding these optional services!