Mortgage Quality Control and Compliance
Enabling lenders, asset aggregators and multi-sellers the opportunity to review and assess the loan underwriting criteria to better understand ESG and lending activities prior to funding.
Quality Control and Compliance
- Monitor the overall loan quality, anticipated risk tolerance and fraud vulnerability with on-going examination against established standards.
- Assess the accuracy and integrity of the underwriting loan quality along with other information used to support the lending decision.
- Audit of lender’s policies and procedures to determine policy adherence and address identified deficiencies.
- Review to identify securitization compliance, data integrity, errors and omissions, instance of fraud, misuse of funding programs, or other discrepancies.
- Comply, Pre and post-closing quality review and regulatory compliance verification that will automatically report exceptions and defects as identified.
Quality Control and Compliance
- Monitor the overall loan quality, anticipated risk tolerance and fraud vulnerability with on-going examination against established standards.
- Assess the accuracy and integrity of the underwriting loan quality along with other information used to support the lending decision.
- Audit of lender’s policies and procedures to determine policy adherence and address identified deficiencies.
- Review to identify securitization compliance, data integrity, errors and omissions, instance of fraud, misuse of funding programs, or other discrepancies.
- Comply, Pre and post-closing quality review and regulatory compliance verification that will automatically report exceptions and defects as identified.
Quality Control Review Services
- Statistically based random sampling techniques to ensure robustness with confidence testing
- Validate compliance with rules and principles for government sponsored programs
- Test conformity with specific insurance rules for individual insurance (high ratio LTV) or portfolio insurance, as per approved mortgage insurer rules and guidelines
- Verify mortgage documentation and title registration completeness to confirm if all documents are present and the legal file is complete and consistent
- TAO offer both pre-closing and post-closing MQCC and due diligences services
- Confirm quality of underwriting and prudent practice of mortgage origination/credit principles as prescribed under OSFI B-20 and other regulatory frameworks
- Ensure satisfaction of asset seller contractual representation and warranties for portfolio aggregation or securitization programs
- Compliance with Provincial and Federal consumer and broker/mortgage laws, as well as required consumer disclosures
- Review of servicing activities for non-performing loans
- Ensure file completeness and data integrity, including borrower identity confirmation consistency and accuracy
On this page you’ll find
Why TAO Solutions?
Experienced and Independent
As a world leader in structured finance technology and operational services, we deliver subject matter expertise and broad experience independent of other market participants.
Sound Industry Background
TAO Solutions deep understanding of the nuances in the structured finance / securitization / covered bond industry is sound.
Customized Quality Control Review Services to Suit Any Mandate
We are attentive to the unique requirements of any mandate, and can tailor our services to meet the specific needs of each client through our flexible approach and proprietary technology platforms.
Comprehensive Cost Efficient Solutions that Manage Risk
Our industry expertise and controls-based processes and procedures allow us to deliver agile solutions that enable our clients to better understand and manage risks within their loan portfolios in a cost effective manner.
Our Products
The global benchmark SaaS solution for securitization, structured finance, and ESG, serving issuers, lenders, conduits, trustees, and regulators.
A flexible SaaS/PaaS solution for end-to-end administration and regulatory reporting across jurisdictions and asset classes.
Canada's mortgage funding and portfolio management software as a service solution built for issuers and aggregators.
Representing the de facto standard for mortgage securitization, structured finance and covered bond SaaS software solutions in Canada.
LeaseSpark is a cloud SaaS application that improves the efficiency of your daily equipment finance operations, making it easier to originate, administer and manage deals throughout their lifecycle.
SCULPT by TAO Solutions automates complex asset selection and pool structuring, reducing execution time by 95% while ensuring perfect compliance and optimal outcomes.
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