The February 2019 Selling Guide announcement includes process changes related to the implementation of Loan Quality Connect and removes all references to the Quality Assurance System (QAS). QAS will be retired on Apr. 30.
The Loan Quality Center (LQC) FT Portal is an electronic file submission platform through which lenders submit loan files that have been selected for a post-purchase file review. The LQC FT Portal replaces paper and/or CD/DVD loan file submissions for lenders with low to medium file request volumes (higher-volume lenders may invest in Lender Direct (B2B) integration). Files uploaded through the FT Portal are visible in QAS within 2 business days or less.
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