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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

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Loan level reconciliation with loan origination system (LOS)
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UHS bundle upload, HMDA -1098, and any year-end assistance for your team
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Vendor reconciliation, accounts payable, and aging reports weekly and monthly analysis
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Trending income statements and balance sheets
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Loan-level accounting of expenses
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Accounting software migration
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Management
reporting
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Regularly scheduled financial statements
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Hedging

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

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Initial Consultation
Scope Definition: Define the scope of our engagement, Process Review and Optimization: Identify areas for improvement, Cost Modeling: Understand the cost-effectiveness of our services.
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Ramp-Up and Onboarding
Define KPIs and SLAs: Tailor our services to your management input, Production Schedule: Set a timeline for our collaborative efforts, Introduce and Integrate Teams: Ensuring a smooth integration into your operations.
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Production
Let's Dive In: Kick off your streamlined accounting journey now.

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.

  • 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).
Increase operational efficiency in your Mortgage Accounting functions without hiring onsite accounting staff. Lower your operations costs to increase profitability with no risk.
  • 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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Ready to transform your mortgage accounting operations?