Q4 2023 | TENA Mortgage Servicing QC Notable Audit Findings This summary represents an analysis of Servicing Quality Control data from servicing life events analyzed
In excess of 35,000 mortgage servicing Quality Control reviews were conducted during the first quarter of 2019 with nearly 2,000 unique audit exceptions cited by
Mortgage Servicing Quality Control Notable Audit Findings: July – December 2018 In excess of 60,000 mortgage servicing Quality Control reviews were conducted during the second half
To identify mortgage origination Quality Control audit exceptions that occur frequently, TENA analyzed the audit results from thousands of Origination QC audits that it completed
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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