Loan Quality Management | Mortgage Audit Services

Are the service levels and
insights provided by your QC
provider hidden in static canned reporting?

Automate first.

Scale your business,
control your
costs.

Being responsive to shifts in loan volume can be operationally challenging and cause an imbalance between costs and revenue.

Better resource optimization using outsourcing services is possible.

Rely on accurate data to get to the root cause of defects.

The source of truth for a mortgage loan file is found in the documents. Reliance solely on systems data can limit visibility into potentially hidden defect trends.

Deeper insight for effective defect management is possible.

Have confidence in consistently met service levels.

Management of internal goals for quality control requires transparency and collaboration with your QC provider and rapid response to agency inquiries.

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 and deeper insights with optimized efficiency through LoanLogics
technology-enabled audit services. LoanLogics’ experienced audit professionals have
four certifications from the National Association of Mortgage Underwriters (NAMU)^® and 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 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 leveraging deep domain expertise for collateral, compliance, credit and reverifications, while 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. And trust certified mortgage professionals to help you evaluate risk in your loan portfolio.

Our certified Audit Staff

Certifications from the National Association of Mortgage Underwriters (NAMU)^®

Certified Master Mortgage Underwriter
FHA Direct Endorsement - "DE Underwriting"
LAPP/SAR Underwriter "Step by Step Instruction"
Commercial Underwriting & Processing

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.

The audit services team is also a QC approved vendor with access to Fannie Mae’s Collateral Underwriter® (CU®). With this access we can further evaluate collateral quality with access to the same resources, maps, and data available to lenders to ensure appraisal quality is reviewed seamlessly.

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, minimize the occurrence of post close defects, and lower repurchase risk.

Because LoanLogics Audit Services are supported by the LoanHD^® Loan Quality Management platform, quality assurance is an automated routine. Full pre-close audits and high-risk component reviews can enable a cost-effective mix to find and fix income, asset, collateral and credit defects prior to funding.

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. The complete review cycle can be done within 90 days.