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Quality Mortgage Services Adds HMDA Data Audits to Its Services

Mar 11, 2015

Quality Mortgage Services LLC (QMS) has announced that it is incorporating a new HMDA Data Audits service to its line of mortgage banking audits for banks and mortgage lenders.

“We are pleased to be able to offer financial institutions the support to assist them in staying compliant with their HMDA Data LAR report requirements,” said Tommy A. Duncan, CMT, QMS CEO. “Our programmers are working on the implementation of the HMDA auditing tool as part of the MARS (Mortgage Analyst Review Software) technology. HMDA clients will have reporting and analytical tools available at their fingertips via the MARS portal.”

QMS currently provides companies with Post-Closing QC, Pre-Funding, MERS and MARS (Mortgage Analyst Review Software). QMS HMDA Audits include: Data Entry, Scrub for Data Validation and HMDA report corrections.

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