Press Releases

LoanScorecard's QM Findings Report Accepted by Envoy Mortgage Correspondent Lending Division

Irvine, California (February 06, 2014) – LoanScorecard™, a leading provider of automated underwriting and QM compliance solutions, has been accepted by Envoy Mortgage to provide Envoy's correspondent division its QM form as evidence of compliance through submission files.

"We're pleased that Envoy has reviewed the LoanScorecard QM Findings Report and has found that it provides the compliance evidence required. We'll continue to work with organizations to streamline their operations whenever possible," Allen Meigide, director of operations at LoanScorecard, said.

More than 175,000 QM Findings Reports have been generated since LoanScorecard's QM product came onto the market last August. These reports are available to users of major Loan Origination Systems and can also be accessed via browser at LoanScorecard.com or integrated into any proprietary system through web services.