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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Quality Control

In the mortgage industry loan originators and investors perform checks on mortgage loans to find mistakes, minimize their occurrence, and correct the loan when necessary. These checks are commonly referred to as QC or Quality Control.

See Mortgage Loan Funding Quality
See Mortgage Loan and Seller Quality Control Overview
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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.