Loan Quality Management | Mortgage Audit Services

Does the speed and throughput
of your outsourced mortgage QC services provider rely too much on people power?

Automate first.

Scale your business,
control your costs.

It doesn’t take much of an increase in your mortgage loan volume to drive more loan quality audit staff resources into your costs.

Better resource optimization using outsourcing services is possible.

Share goals for efficiency and accuracy.

More often than not, the productivity
metrics defined in your Service Level Agreement (SLA) are designed to
manage expectations, not exceed them.

Confidence in Pre-Closing and Post-Closing audit services’ SLAs is possible.

Replace "check the
checker" with automation.

Continuously checking off-shore work with on-shore resources neutralizes
the cost benefit of outsourcing.

With transparent reporting, trust in mortgage audit services is possible.

I need mortgage quality control outsourcing services with a better ROI.

Tell me more

Technology-enabled mortgage audit services maximize
the value of outsourcing.

When outsourcing some or all of your loan quality management, get accurate
mortgage audit results with optimized efficiency through LoanLogics audit services.

LoanLogics has experienced professionals who use the
advanced capabilities of our LoanHD^® audit platform to deliver gold standard quality
assurance, quality control and due diligence audit support to our clients.

Expert auditors empowered by automation create high value
insights for loan manufacturing process improvements.

LoanLogics offers a broad spectrum of audit services that range from fully outsourced quality control to targeted programs that supplement internal resources. Experienced audit professionals use data-driven digital technology to help you manage risk efficiently, accurately and proactively.

Through LoanLogics IDEA^™ , your data and loan files are processed quickly and the information validated and verified for the utmost audit accuracy. This includes not only LOS data, but also data extracted from the core loan documents that make up the transaction. Audit rules automation identifies data errors and missing critical documents based on loan type or specific investor guidelines.

With this 360-degree view of your loan files, auditors can then perform a variety of review services using the LoanHD^® audit platform to support your outsourcing needs. As defects are found, rebuttals are safely and securely communicated for review in real-time via an online web portal. This efficient flow QC review process provides our clients with earlier insights into defects.

Add user-defined tests and business rules to tailor your Quality Assurance/Quality Control projects to meet your unique requirements.

Our Technology-Enabled Services

Pre-Closing
TRID
Post-Closing
Adverse Action
Pre-Funding
Due-Diligence

Receive real-time audit transparency using dynamic dashboards that provide status of project service level agreements (SLAs) and can drill-down into individual loan-level details:

Project-level summary reporting helps you identify points of failure related to people, process or business requirements. It includes a Report Builder capability to stratify reporting by branch, underwriter, closing agent and loan type.
The Loan-level Audit Asset Summary provides a loan rating, identifies risk areas and provides a summary of findings.

With global to granular reporting, uncover the underlying root cause of quality issues and identify where you might need to change your lending policies, provide additional training or adjust your origination process.

Agency reporting requirements for outsourced QC are also easily accommodated in our Audit the Auditor Module, allowing you to spot check the required 10% of monthly volume supported by our services.

Raise your confidence in Pre-Closing results

Mortgage quality assurance checkpoints inserted prior to close that include the examination of both documents and data can increase loan quality and minimize the occurrence of post close defects.

Because LoanLogics Audit Services are supported by the LoanHD^® Loan Quality Management platform, quality assurance is an automated routine.

The efficiencies enabled allow results within 48 hours or less. Compared to internal or third-party services that don’t embrace technology, productivity can be doubled and costs reduced.

results within 48 hours or less

Post-Closing results delivered on a flow basis

For outsourced quality control audits, LoanLogics loan quality management specialists can guarantee post-closing results in as little as 30 days from the receipt of source data and documents. Through a secure web portal your audit review staff can begin rebuttal and remediation actions as your loans move through the review process. You do not have to wait to begin analyzing defects and rebuttals are automatically tracked with a user, time and date stamp.