Tommy's Blog

I had a client call me who is working diligently to make sure his company is tight on compliance.  I am very proud of him taking such a proactive approach and taking ownership of this focus for a quality loan production.  He sees the value of quality loan production resulting in survival in the mortgage industry.  As we were discussing the many things in quality   [more...]

What is the biggest trend Quality Mortgage Services sees in quality control audits for 2010?

So far in 2010, we are seeing exactly what we expected to see. The big numbers are with violations with the final Truth-in-Lending and annual percentage rates (APRs).   In 2009, this category did not register in the top 10.  In 2010, it ranks number three with a 183% increase from 2009 which includes   [more...]