An innovative QC solution that improves process efficiency and
enhances loan quality across the mortgage lifecycle by delivering
actionable insights from mortgage audit checks/QC.
We help lenders achieve:
98% assured loan quality
Proactively identify defects by automating critical aspects of the audit process.
50% reduced cost to cure
Remediate quickly by prioritizing critical defects using actionable insights.
35% reduced QC cost
Eliminate rework and improve first time right ratio with comprehensive audits/ QC.
Powered by extensive industry experience, Mortgage QC is trusted by several lenders including a top 25 U.S. mortgage bank.
Mortgage QC impacts processes across the mortgage lifecycle:
Processing Administrative Support
- Minimum submission audit
- TRID audit – loan estimate & change of circumstance
Underwriting
- Underwriting QA
- Pre-close QC
Closing and Funding
- TRID audit - closing disclosure
- Pre-funding QC
Post-Closing
- Post Closing indexing
- Post Closing review
- TRID review
- Post Closing final doc
Secondary Market Support
- Portfolio audit
Servicing
- Loan boarding QC
- Post purchase QA
Default
- Default quality review
- Outside collection agents call monitoring
Business impact delivered
Delivering 99% accuracy & reduced turn time in mortgage underwriting
- 14% improvement in underwriting quality post implementation
- Improved straight through processing
- Reduced turn time for underwriting approval
- Significant reduction in re-work
85% reduction in mortgage post-closing “pend” errors
- 85% reduction in post-closing “pend” errors
- 71% reduced cost to cure
- 27% faster application to funding
- Identified additional savings worth $1.34 MM
Brochure
Thank you for the speed in which you ramped and the quality! This is going to continue to be a major differentiator and value driver for our organizations!
Head of Consumer & Mortgage Credit, Top 25 U.S. bank
We are singing your praises at every opportunity – when you perform at this level consistently day in and day out; we reinforce the value proposition of Coforge BPS.
VP, Mortgage & Consumer Lending, Leading Regional Bank
Managers are great to work with and are absolutely determined to help us provide the best possible customer experience while helping us follow a singular process.
Vice President, Mortgage Fulfillment Centre, a Top 25 U.S. Bank
In addition to Mortgage QC, our other solutions include:
Pre-underwriting Support Solution: LoanAccel
Digital Solution
Drive innovation and speed in mortgage lending with our pre-underwriting support solution LoanAccel.
Property Tax Platform - RETS
Digital Platform
Enhance precision and efficiency in tax servicing with our technology-enabled property tax platform RETS.
QC and Compliance Testing Platform: Copasys
Digital Platform
Achieve an efficient and effective testing environment with Copasys, our automated platform for QC and Regulatory Compliance.
Mortgage Origination Support
Business Process Management
Improve processes and governance while lowering cost with our Mortgage Services.
Mortgage Servicing Support
Business Process Management
Delight customers and achieve quicker turn time with our Mortgage Servicing Support Services.
Default Management Solutions
Business Process Management
Be future-ready and adapt to market volatility with our suite of Default Management Solutions.
Collections Support Services
Business Process Management
Scale up to meet market demands and enhance customer experience with our Collections Support Services.
Customer Contact Center
Cross-Industry Solution
Enhance customer experience & save costs with our Omnichannel Contact Center.
Data & Analytics
Cross-Industry Solution
Enhance data quality & make better business decisions with our Data & Analytics Solutions.
Information Security & Risk Management
Cross-Industry Solution
Prevent threats from information leakages and stay compliant with regulatory needs.
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