A New Mortgage Industry

The economy today has become extremely complex and volatile. The adverse effect it has had on the real estate market has contributed greatly to the past crises of the melt down of the Savings and Loans industry fall out and the present crisis with the residential foreclosures and economic downturn and soon to come with a more crippling effect is that of the commercial real estate foreclosure crises.

Lenders could, once upon a time, be fairly confident that the real estate properties they used as security for loans would be sufficient to cover any potential losses from loan defaults. Unfortunately, due to the economy, property value appreciation can no longer be guaranteed, and because the losses are no longer automatically covered, the less than legitimate manners in which many loan transactions have been put together has come to surface and are not being ignored.

QCP Systems is a company which has been developed to address the specific needs that the financial industry has finally come to recognize – that real estate loan transactions must be completely legitimate and meet the rules, regulations and guidelines established by the industry. The key is that all must play by the rules.

The financial industry posture for the future must be the quality and compliance integrity of the real estate loan product they originate.