Mortgage Electronic Registration System Quality Assurance - MERS QA
Lenders, servicers, correspondents and even table funding correspondents participate in the MERS system. Sometimes your participation is merely the assignment of a loan number for the original transfer. However, as the system has expanded, legal challenges to the transfer of these transactions require an in-depth procedure to ensure data integrity.
MERS® QA or QC
Unlike loan-level audits, MERS QC revolves around the review of data integrity, and ensuring that at least one individual in a company holds the requisite authority and skill to manage the MERS process.
MERS® QA or QC
Unlike loan-level audits, MERS QC revolves around the review of data integrity, and ensuring that at least one individual in a company holds the requisite authority and skill to manage the MERS process.
| Table of Contents and Sample - MERS QA Plan |
