MERS File Audit Review

MERS File Audit Review

SERVICE OVERVIEW

MERS Quality Control File Audit Reviews are conducted with accordance with MERS requirements. The borrower, property and closing information in the mortgage file is compared to the information reported to MERS. The Quality Control review also includes If the loan has been transferred or paid off, the update of the information was provided to MERS correctly. Any discrepancies will be written up so that the deficiencies can be reported to the Quality Control client and corrective action taken as necessary. Upon completion of the review, a loan report, completed Quality Control checklist and supporting documentation for noted deficiencies are provided to the client. Additionally, monthly trending and summary audit reports are provided back to the client. Inco-Check, Inc. has extensive compliant suite of 100 or more audit reports that can be utilized by the clients for their Quality Control Reporting.