IDS Advises Mortgage Lenders to Prepare for More State High-Cost Audits in 2010
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, expects state mandated high-cost audits to become a more time-consuming concern for mortgage lenders in 2010 and is advising lenders to test their ability to provide evidence that meets and satisfies state-specific requirements.