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LenderLive Expands Quality Control Services

Denver-based ""LenderLive Network Inc."":http://www.lenderlive.com, a company that provides business process outsourcing and technology to the financial industry, announced the expansion of its quality control services to support increased demand from clients for Federal Housing Administration (FHA) loans.
Rick Seehausen, president and CEO of LenderLive, said, ""With more lenders originating FHA loans, the need to administer an FHA-approved quality control program is necessary. Our services include working with the client to structure an effective quality control program for their business needs and then provide the resources necessary to implement the program.""
The Department of Housing and Urban Development (HUD) requires that 10 percent of FHA loans be audited. LenderLive said its expanded quality control division enables lenders to fulfill these requirements.
To help manage this effort, LenderLive has hired Leigh Ann Marchant as VP of quality control services. Marchant has more than 22 years' experience in the financial industry. Before joining LenderLive, she was VP at National Lender Services Inc., where part of her duties included managing quality control auditing.
According to Marchant, expanding LenderLive's quality control solutions is a natural extension of the services the company offers. ""By offering quality control of the loans, we can give lenders additional confidence in the products that are currently sustaining their business,"" Marchant said.

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.

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