Quality Mortgage Services Launches New Income and Employment Verification Tool

Quality Mortgage Services (QMS) has announced the release of QC Verify, a revolutionary breakthrough in automating verification processes for mortgages and other loan products. QC Verify will replace historically manual approaches to verify income, employment and assets with a user friendly, fully automated alternative that reduces cost and shaves days off existing practices.

Leveraging QMS’s Mortgage Analysis Review Software (MARS) platform, QMS is planning to have QC Verify also available as a stand-alone solution in the near future. Through QC Verify, lenders gain the ability to reinvent verification methods gaining multiple advantages over the competition, including:

►Elimination of costs tied to mail and supply charges, as well as manual packaging and tracking;
►Securing access to privacy data, including borrower income, assets and employment information; and
►Decreased turn time for verification process, which can take place immediately online, as opposed to by snail mail or encrypted e-mail.

“QMS has dedicated 25 years to delivering superior audit services for QC,” said Tommy Duncan, QMS CEO. “We are excited to introduce QC Verify, which solves a long-time industry issue and ensures processes are more secure for the consumer, as well as the financial institution.”