Fannie Mae's Mandatory Pre-funding QC is Now Live. Look to Blue Water's Insured QC on TMC CapTrader to Satisfy the Requirements.
Fannie Mae's new QC pre-funding requirements mandate pre-funding QC review monthly by people with no involvement in the processing/underwriting decision of the loan being reviewed for 750 loans or 10% of your previous month production (whichever is lesser). The obstacles for lenders is weighing the operational costs to satisfy the requirements in addition to trying to scale.
Your solution? Blue Water Insured QC platform, through TMC CapTrader provides lenders with a pre-funding QC option, which will also be insured like their retroactive QC and post-funding QC.
Why it Matters: For Lenders, developing a successful model for operational cash flow and scale while satisfying Fannie Mae's new requirements can be achieved on TMC CapTrader.
The Bottom Line: Blue Water's Insured QC can be used for all your loans whether it's pre-funding, post-funding, retroactive, bulk, flow, etc.
Jay Patel - Managing Director, Business Development, email@example.com | 805.486.8830