Atlanta, GA (June 14, 2012)– The StoneHill Group, a national provider of pre- and post-closing quality control audits, fulfillment, due diligence,and collateral audits to mortgage bankers, banks, credit unions, and the financial services industry, today announced a service to help MERS® System members comply with their annual reporting and monthly reconciliation requirements.
The MERS® System is a national electronic database that tracks changes in mortgage servicing and beneficial ownership interests in residential and commercial mortgage loans.
“If you are a servicer or sub-servicer who needs assistance in complying with Rule 7 of the MERS® System Rules of Membership, we have several cost-effective and low maintenance solutions for
processing and quality assurance management to helpyou,” said David Green, President of The StoneHill Group.
The StoneHill Group offers the following services to MERS® System members:
• Monthly data reconciliation with the MERS® System
• Document forensics
• Quality assurance plan review and professional services
The StoneHill Group maintains strict quality control standards while supporting MERS® System Members and ensures data integrity by being compliant to SSAE 16 audit rules.