Plan

Applying To The HUD/FHA? You Are In The Right Place!

If you are in the process of seeking approval from the FHA, VA, FNMA and/or FHLMC we would be glad to help by customizing a Quality Control Plan that will assist you in completing the Quality Control section of your application.

For a Free FHA Consultation contact us at 800-610-6680 or email us at qualitycontrolplans@fraudmit.com. We would be happy to review your current quality control plan to see if it is compliant for HUD or to discuss your FHA application and approval process options.

To learn more about what is needed for your Mini-Eagle application and FHA's approval process Click Here.

About Our Quality Control Plans

Fraudmit's customized Quality Control Plans comply with FHA, VA, FNMA, FHLMC and seller/servicer requirements, as well as, those conduits in the secondary market. Our plans are off the shelf and ready to use immediately.

Topics

Selection Process

Audit Procedures

Policy for Discovery

FHA QC Plan

VA QC Plan

FNMA/FHLMC QC Plan

For a sample Table of Contents email us at qualitycontrolplans@fraudmit.com

What You Get For The Money

As well as customizing your Quality Control Plan to comply with specific investors Fraudmit will customize your Plan as follows:

1) Your company's legal name throughout

2) Company logo when supplied (gif, .bmp or .jpg format)

3) Short company biography

4) Fraudmit will also provide in PDF format the specific elements of the

QC Plan and Cover Page need for your submission to the FHA/HUD

5) Plans provided in MS Word format for future edits as your company grows

5) Electronic or Hard Copy format (shipping cost may be incurred for hard copies)

6) Delivered in about 24 hours

FHA Quality Control Plan Check Point

Did you know...August of 2006, HUD revised FHA's Quality Control guidelines adding new elements to include all aspects of a mortgagees operation platform, not just post closing? Previously, the fraud detection, random audit selection and review process were the only components reviewed by HUD. Many of our clients are finding that the FHA is now suspending new applications and license renewals, requiring these new elements to be included in each mortgagees quality control plan.

What are FHA's Guidelines for Quality Control Plans? - It is important to note that there are approximately 40 mandatory components of FHA Quality Control Plan.

Applying For Your Full Eagle With The FHA

As a Full Eagle you will be underwriting and funding loans. Therefore, you have the responsibility to have the proper procedures in place and documented in writing. If you are a, Mortgage Banker, Community Bank, Savings & Loan or other entity applying for your Full Eagle, we recommend our Banker Package which covers Quality Control procedures end-to-end. To learn more click here.

Buy QC Plan Now - Only $295!

You now can order your Quality Control Plan on-line. Simply, click on the link below Add to Cart. All payments are made through Paypal; however, credit cards are also accepted even if you don't have a Paypal account.

Once your credit card information is confirmed you will receive an email from a Fraudmit specialist who will ask you 8 simple questions that will help us to customizing a plan for your company. Plans on average are delivered in about 24 hours.

FOR THE BEST VALUE PURCHASE OUR "COMPLETE PACKAGE"

A tempest of new regulations and oversight requirement can overtake your business. In the 2008 and 2009 there have been more new regulations than in the past decade. Not only is it important to be following these regulations, but both Regulators and Investors are requiring that you have your policies and procedures written down.

Does your company comply?

RESPA 2010 GFE Process

HVCC Policy for Brokers or Lenders

FACTA Red Flag Identity Theft

FTC Information Security

Predatory Lending (Ability to Repay)

Truth-In-Lending Advertising

Non-Traditional Loan Procedure

Tangible Net Benefits

"High Cost" Loans

These are all covered in our "Complete Package" Manuals:

Broker Package - $795.00

Banker Package - $995.00

Quality Control Manual

Origination Manual

Processing Manual

Administration/HR Manual

Red Flag Identity Theft Manual

Buy Broker Package ->

Buy Banker Package ->

Learn about these other manuals click here.

If you have any questions please email us at quality@fraudmit.com

To order your company's customized

Quality Control Plan off line

call us at (800) 610-6680

Because these products are delivered in "soft" electronic form and are generically customized to our company, Fraudmit cannot accept any returns. If there are technical difficulties in utilizing the product because of a defect, we will repair any general problems. Fraudmit's Quality Control Plan is copy written and licensed for exclusive use and may not to be redistributed to any other party or firm in whole or in part.

Helpful software:

Adobe Acrobat - Install and configure the popular PDF viewing technology.

Winzip - Install winzip standard to extract files that have utilized winzip and have been compressed for email.

QUALITY CONTROL PLANS

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Toll Free: (800) 610-6680

Premier Provider of Mortgage Quality Control and Risk Mitigation

Services

State Compliance Audit Preparation Process

Federal Regulatory Compliance Guidelines

Predatory Lending, Ethics and Fraud Policy

Review Forms and Checklists

Review Letters

Warehouse Bank QC Plan

"Fraudmit’s commitment to the client is unsurpassed. Our FHA approval arrived within days thanks to Fraudmit! We highly recommend their professional, timely and accurate work!!"

Norma Strydio, President

Strydio Mortgage Corp.

Miami, Florida

What clients are saying:

To see a list of some of the companies we have helped

Click Here

"Fraudmit was a life saver to our organization! Their professional approach and immense knowledge base took over for us in the middle of the application process after 5 months and after many problems and got us approved in weeks! I would highly recommend Fraudmit to any company who would like to get FHA approval!"

Andy Seeley, Branch Manager

First American Bank NA, WI

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