As a follow up to these responses - we are new to the secondary market. I have previously worked for other institutions that participated, but it has been a very long time. At the time, my previous institution instituted their own QC program, then sent the loans to an outsourced QC program. At that point, the mortgage loan was available to be sold to investors. My question is: Is there a requirement somewhere for there to be an internal QC performed? We currently have a QC plan with the outsourced group - is that enough? Can anyone give me a brief description of what our obligations are being the table funder? Thank you!