Loan QA/QC Services
Visionet offers a cost effective and efficient solution for its clients over a wide range of auditing residential mortgage loans on forensic and compliance aspects.
We at Visionet India has a team of experienced Auditors in Underwriting, Originations, Capital Markets, Securitization, Fraud Review, Servicing, Risk Management, Compliance, Legal, Closings & Quality Control.
Our combined experience and expertise provide an expansive knowledge base that serves as a platform for our audit methodologies and practices.
The experience of our Auditors allows us to be your one stop shop in the field of Forensic and Compliance audits.
We at Visionet audit the loans document by document starting from Initial application till funding, we prepare a complete report on the analyses of the various types of loans including:
- FHA- Purchase
- FHA- Refinance
- Conventional Ins- Purchase
- Conventional Ins- Refinance
- VA Purchase
- VA Refinance
- USDA
- Construction Loans
Visionet's of experienced teams are committed to helping the mortgage bankers envisage the risks of loans based on credit, collateral, and underwriting, and also to understand the complicated norms governing agency specific compliance of mortgage quality control programs. Here is sample list of audits performed.
- Vacant Insurance Review
- Title Commitment Review
- Supp. Insurance Review
- Subsidence Insurance Review
- Security Instrument Review
- Prepayment Addendum Review
- Note Review
- Mortgage Insurance Notice Review
- Mortgage Insurance Certificate Review
- Mobile/Manufactured Insurance Review
- MFC Changes - Accounting Review
- Master Hazard Condo/PUD Insurance Review
- Master Flood Condo/PUD Insurance Review
- Liability Insurance Review
- Legal Description Review
- Intervening Assignment Review
- Hurricane Insurance Review
- HUD-1 Verification Review
- Home Owners Insurance Review
- HMDA Review
- Hazard/Fire Insurance Review
- Flood Insurance Review
- Flood Determination Certificate Review
- Fire Binder Review
- Earthquake Insurance Review
- Condo Unit Contents Insurance Review
- Borrower Names For HCL Loans Review
- Association Fees Review
- Appraisal Review
- Application Review
- Note Review
- Critical MFC Approval Review
- Verify Purchase Price Review
- HUD-1 Wire Balancing
- NY CEMA Collateral Lite Review
- Co-op Collateral Lite Review
- Collateral Lite Review
- Closing Confirmation Calls
- Closed Loan Verification
- Verify Tax Designation Letter-signed Subtask
- Verify NY/NJ subtask
- Verify ARM Rider to Note
- UCC-1 and UCC-3 Collateral Review
- Title/Address Subtask
- Security Instrument Collateral Review
- Truth-In-Lending Review
- Titleholders Subtask Review
- TIL Subtask Review
- Rider Review
- Prepayment penalty/TIL Sub task Review
- Prepayment penalty/TIL Matching Review
- Power of Attorney Review
- NY CEMA Review
- Notice of Right to Cancel Compliance Review
- Note Endorsement/Allonge Review
- Handwritten Corrections Review
- Recognition Agreement Collateral Review
- Mortgage Insurance Disclosure
- Lot Loan Checklist
- Loan Modification Agreement Checks
- Intervening Assignment of Security
- Instrument Collateral Review
- Initial Escrow Account Subtask
- Data Inconsistency Checks on Note
- Coop Collateral Review
- Collateral Review of Additional Doc for
- Purchase Loan Co-Borrower Subtask
- Assignment of Proprietary Lease Collateral Review
- Adjustable Mortgage Insurance Subtask
- Additional types of Insurance Review
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