Mortgage Division Audit

Posted By: Piano Man

Mortgage Division Audit - 03/01/11 02:32 PM

We have a mortgage division that sells mortgages on the secondary market. We have now been stuck with two loans that the investor would not purchase. Does anyone have a good audit that they are willing to share that audits this area? I complete a compliance audit for the mortgage division, but it really does not cover the procedural side of things.
Posted By: DerrickAuditor

Re: Mortgage Division Audit - 03/02/11 09:04 PM

Your mortgage division's independent quality control reviews would be best at finding patterns of quality issues that would prevent investors from buying your loans.