Mortgage Quality Management & Research (MQMR), which offers tools that help lenders and warehouse banks manage risk, mitigate losses and enhance the borrower experience, has earned ‘preferred vendor’ status from The Lenders One Mortgage Cooperative, a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services.
That means Lenders One members can get preferred rates on MQMR's risk mitigation, third-party vendor compliance and business advisory services.
MQMR says its consulting services can help lenders be prepared to meet regulatory demands and mitigate the risks surrounding the use of third-party vendors through well-designed vendor management processes.
‘As mortgage bankers use more third-party vendors, MQMR's compliance services and vendor and risk management solutions are essential,’ says Jeff McGuiness, CEO of Lenders One, in a release. ‘The addition of MQMR adds another critical and attractively-priced offering to help our members be compliant with their origination work.’
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