Mortgage Quality Control and Compliance
Forward Thinking in an Evolving Canadian Mortgage Environment
Quality Control Review Services
- Statistically based random sampling techniques to ensure robustness with confidence testing
- Validate compliance with rules and principles for CMHC securitization of insured loans established both in the NHA MBS Program Guidelines and NHA Act
- Test conformity with specific insurance rules for individual insurance (high ratio LTV) or portfolio insurance, as per CMHC or other OSFI B-21 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
- 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
Why TAO Solutions?
of the Needs in the
TAO Solutions deep understanding of the nuances in the Canadian mortgage industry is unrivalled, with a clientele consisting of more than 75% of Schedule I banks using its products to process billions of dollars of assets on a daily basis.
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.
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.