MarBecca Group Announces New QC Offering

MarBecca Group has announced the launch of a new benchmarking product that standardizes QC findings and enables lenders to compare themselves to other lenders. Developed in conjunction with strategic analytics firm Mortgage Trueview Inc. the benchmarking tool is a significant advancement in enhancing the way lenders and investors evaluate loans. 

“We can now help quality control personnel who want to answer management’s question, ‘How do we compare to others?  Do our loans measure up to what other lenders are producing?’” said Rebecca Walzak, partner and co-founder of MarBecca Group. “For years, everyone had a different measurement for determining quality loans and those buying and securitizing loan had no way to compare lender to lender.  With this tool, that time is now over.”

As part of the launch the company will be holding a “Quality Face-Off” contest in which participants will review and evaluate identical loans based on the standards they use internally at their respective companies. It is open to any quality control analyst wishing to participate. Once all loans have been reviewed, the winner will be announced and receive a $100 gift certificate to the store of his or her choice. Details will be announced later this year.

MarBecca Group work is based on the concept of Quality3 which helps lenders measure the success or failure of their quality control processes and understand exactly what needs improvement and what doesn’t. According to Walzak, “Thinking of quality as a one-dimensional review process is wrong. There are in fact three facets to ensuring quality products: Quality assurance, quality control and quality insights. Each of these plays a critical part in achieving operational efficiency and effectiveness.”