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Mortgage Accounting Services
Why Choose Verity's Mortgage Accounting Services?
Expert Offshore Resources specializing in Mortgage Accounting
Verity has a team of Accounting experts who work with Mortgage Lenders and are fully trained in AMB, Loan Vision, and QuickBooks as well as various mortgage Loan Origination Systems (LOS) and servicing systems. Verity helps with commission calculation, MI payments, switching accounting software, GL entries/transaction posting, and more at a fraction of the cost.
Rest assured in your decision – accounting is one of the most commonly outsourced functions. And, Verity stands alone as the sole Mortgage Accounting Outsourcing provider in India.
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Expertise in Action
Verity’s accounting team provides specialized services including loan level reconciliation with LOS, accounting of expenses, migration between accounting systems and LOS, vendor reconciliation, and weekly and monthly analysis through aging reports.
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Verity’s mortgage accounting services
reporting
Strategic Planning and Reporting
Our specialized team will diligently prepare and monitor your financial reports and work with you in strategic planning, budgeting, and forecasting.
Our industry-leading leading experienced team of professionals in accounting and bookkeeping services can also assist in preparing reporting requirements.
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How to get started
We can help with a variety of accounting tasks
- Vendor setup
- Purchase advice pull down
- Purchase import
- Payroll journal entry
- Branch reports
- MCC fees
- KPI / reporting
- Appraisal fee review
- GL reconciliation
- Mortgage insurance payments
- Tax support
- Daily reconciliation
- Accounts payable/accounts receivable
Why Mortgage Lenders use Verity’s Offshore Team to Outsource Accounting and manage day-to-day Bookkeeping?
Verity has a team of Mortgage Accounting Experts that shrink turnaround times with focussed workflows for outsourcing your mortgage accounting and bookkeeping, Your organization benefits from a 24/7 global team and cost-efficient labor using our Offshore Operations Centers. Data Security is Priority 1, as Verity is ISO 27001 and SOC Type II compliant.
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Partial List of Functions
- Vendor setup
- Purchase advice pull down
- Purchase import
- Payroll journal entry
- Branch reports
- MCC fees
- KPI / reporting
- Appraisal fee review
- GL reconciliation
- Mortgage insurance payments
- Tax support
- Daily reconciliation
- Accounts payable/accounts receivable
- Monthly and quarterly financial statements
- Reporting system based on client agreement and Service Level Agreements (SLA).
Skilled Accounting Software Experts
Our team manages mortgage accounting using the following platforms
- Great Plains
- Loan Vision
- Encompass
- QuickBooks
- AMB
- LQB (Lending QB)
- Cognos
- Warehouse Lines
- Mortgage Tracker
- FRX (MIS Reporting)
- FAS (Fixed Assets Recon)
- Microsoft Tools & Access
- POS Systems
- Connect
- Payroll Systems ADP Paychecks Etc,
- Macros & Time and Effort Analysis
- Ctuit
- Net Suite
- MR
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