MBA Servicing Conference and QMS Servicing

Tomorrow we are off to our first MBA Servicing Conference in San Diego.  Sherrie has worked hard putting everything together for our debut and we look forward to setting up mortgagees who want to move to the next level of mortgage banking by allowing QMS Servicing to handle their servicing needs.

We have been blessed during the mortgage crisis and we have been able to expand   [more...]

What do you have in place to spot mortgage fraud?

There are many tools available but the most important is seasoned and experienced mortgage quality control staffs that knows the mortgage process.  QMS is equipped with the seasoned staff and a proprietary software called Mortgage Analysis Review Software (MARS), which guides the end user through the loan as they analyze the loan. MARS is mostly data entry, but through the data entry, the end user applies   [more...]

Use mortgage quality control to lower the tolerance of errors

As I prepare for the release of The 2009 Year End Review of Quality Control, I continue see more things as the data comes more vivid than it did a few days ago.  It is like looking at the stars at night on a cool clear sky.  The more you look into the heavens the more stars you see.  This is the way I see the data   [more...]

The 2009 Year End Review for Quality Control

Quality Mortgage Services is wrapping the year for 2009 by completing the mortgage audits for 4th quarter.  QMS is conducting a webinar through National Mortgage Professional Magazine as it releases “The Year End Review of QC” that compares and contrasts information on mortgage loan reviews and audits on Thursday, March 4, 2010.  This is not a mortgage fraud report but a score card of how   [more...]

Welcome to Tommy’s Blog

Welcome to my first blog posting. I hope mortgage professionals will participate to make this the best mortgage compliance blog out in the web.

Being that my company, Quality Mortgage Services LLC, is a mortgage compliance company, we help many mortgage companies combat fraud. The first thing that a company must have in place is a commitment to combating mortgage fraud or what we call the   [more...]

Welcome to Tommy's Quality Mortgage Services blog

Welcome to Tommy’s Quality Mortgage Services Blog where you can see, ask questions, and comment on what’s happening in the Mortgage Industry.   Learn about/comment on trends, rules, changes, and services available to you.