Clear directives for every core step in the loan origination cycle
PROACTIVE STRATEGIC EXPLICIT
Customized policy and procedure manuals for residential mortgage origination, quality control, information security, and Bank Secrecy Act / Anti-Money Laundering.
Pre-authored templates are available in over 120 topics for loan origination, fair and inclusive outreach, appraisals, third-party monitoring, training and oversight, all federal mortgage regulations, and preparing for a supervisory examination.
MARKETPLACE STUDIES
Community credit needs assessment and mortgage affordability based on householder income and housing costs.
In-depth demographic analysis by census tract, zip code, county or state of population and housing characteristics.
Redlining and minority appraisal analyses.
HMDA peer analysis of similarly situated lenders.
Latest Blog Post
State and federal regulators have recently increased enforcement actions against mortgage brokers and nonbank lenders that fail to comply with the Gramm–Leach–Bliley Act (GLBA) and the Federal Trade Commission (FTC) Safeguards Rule. The FTC’s updated Safeguards Rule requires all financial institutions–including mortgage brokers and lenders to implement a written information security program. While GLBA applies nationwide, most states duplicate or expand upon the federal laws…
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