As the largest QC firm in the US and the GSE’s top QC vendor, Mphasis Digital Risk has successfully completed more than 1.2 million rigorous loan reviews. Our unsurpassed expertise in identifying repurchase risk elements comes from our extensive experience in resolving pre and post funding repurchase quality issues for GSEs, large banks and mortgage companies.
Integrated Partnerships, Mitigation of Repurchase Risk, Fast Turn Times with Accuracy, Extensive Database of Compliance Requirements
• Integrated Partnerships
• Mitigation of Repurchase Risk
• Fast Turn Times with Accuracy
• Extensive Database of Compliance Requirements
Our client-dedicated team and skilled panel of in-house certified appraisers ensure meticulous quality control. With more than 1.2 million reviews, we have acquired front row intelligence on repurchase risk. We have developed one of the largest experience sets and databases in the industry to ascertain quality, identify collateral and credit risk, and mitigate fraud.
Our diverse range of services include:
Pre and Post-Closing Quality Control Audits that meet GSE and Agency standards.
• Repurchase Prevention
• Comprehensive Database of All New Compliance Requirements
• CFPB Oversight Experts
• FHA Claims and Bankruptcy Outsourcing
• MERS Compliance
• TRID-Centric QC Processes and Audits
• Subservicing Oversight
Mphasis Digital Risk’s HMDA solutions and services ensure data accuracy and completeness before submissions to the CFPB. We the recent addition of data fields, it is important to partner with a provider that is abreast to industry changes and monitoring rules and regulations. To learn more about our 360 approach to HMDA, click here
iVue is a technology wrapper for boosting Loan Fulfillment performance. The platform provides a one-stop shop that “wraps” all operational tasks performed in a Loan Operating System (LOS). It reduces cycle times, improves customer experience, enhances process quality, and creates additional levels of compliance and accountability. iVue BOOSTS PERFORMANCE VIA:
• Automated Loan Routing and Load Balancing
• Safe Act Licensing Management
• Call Platform Integration and Reporting
• Inline Quality Control workflow customized to support gaps in clients systems to allow improved task tracking and alerts
LuminateTM is a fully automated QC platform that provides critical insight and enhanced reporting for quality control, risk analysis and compliance. It can be integrated anywhere in the loan lifecycle (inline or post-close) and can learn over time to increase accuracy of all outputs. Additionally, reporting analytics enable effective deployment of internal resources to improve quality and reduce errors.
QCynergyTM is a one-stop interactive portal that synergizes Due Diligence and Post-Close Quality Control performance. It provides a single platform to deliver data and files, receive findings and reports, perform rebuttals and obtain historical data on deal performance.
QCynergy’s strong features include:
• BI capabilities
• Data and document integration
Mphasis Digital Risk and Ellie Mae® have partnered to enhance the Encompass® ecosystem with integrated Post Close QC. With a simple right-click, Ellie Mae® Encompass® users can obtain our post close QC services. New Client Set Up is in minutes – giving ability to start working on your loans faster than the competition.