February 1, 2011 - 2:25pm
#1
If you make these types of mortgages, how does your credit union handle the quality control plans? Do you outsource? If so, does anyone internal check the checkers and if so, who? If you do the quality control internally, who does it? Is internal audit involved? If you have a quality control plan you can share, please send it to [email protected]. If you need more info to answer the questions, please call me at 1-800-772-4328 x 8211. We currently do FNMA and Freddie loans but have been approved to do VA and FHA. As each have different QC requirements, we are wondering how other CUs handle the process. Thanks!
