review audit component provides
all of the procedures
you need for an effective in-house,
quality control and regulatory compliance
audit program. This component
enables testing the results of employee
work product by reviewing files and
documentation for errors or omissions.
It finds out how
those responsible for producing quality
loans and complying with government,
investor and company policies are performing.
Armed with the audit review findings
management can use this knowledge
in a beneficial way to correct errors,
solve problems and assure that employees
understand and follow its policies.