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What is Mars?

April 26, 2017mars

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What is Mars?

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MARS is a compliance software that was developed to aid in the extensive mortgage review and audit process. It complies, retrieves, compares, stores, and analyzes the information gathered during the mortgage audit review. MARS’ database creates a statistical report using the detailed information highlighted and trends the data that may need attention. … (more) How do I manage risk? Having a risk-management plan in place is essential to track fraud. Assembling a team like Quality Mortgage Services can assist you with all your mortgage quality control and repurchase defense needs. What is the purpose of having post closing loan file reviews? The post closing loan file review is a quality control tool that helps to assure the quality of the loan transaction. HUD-FHA, VA, Fannie Mae, Freddie Mac and most other investors require that all mortgage brokers/bankers with whom they do business have quality assurance reviews conducted of at least 10% of their closed loan files. How do I get a Q