Examine these white papers that were developed by our experts for a deeper understanding of industry issues affecting compliance, loan review and internal audits.
Why Mortgage Companies Should Embrace Internal Audit
The heightened regulatory focus on the mortgage industry is driving public and non-public mortgage companies to enhance their corporate governance structures by implementing effective internal audit functions. More
Are You Ready for the CFPB’s Ability-to-Repay / Qualified Mortgage Rule?
In response to the recent financial crisis, the federal government created the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) in July of 2010. One of the requirements of this act addressed the concern that significant numbers of residential mortgages were being originated to borrowers who did not have the ability to repay their loans. More
Is your mortgage origination operation ready for a CFPB Exam?
Since the creation of the Consumer Finance Protection Bureau (CFPB) in July 2011, the CFPB has the authority to regulate the non-bank mortgage originators. In January 2012, the CFPB published an update to the Supervision and Examination Manual titled Mortgage Origination Examination Procedures. More
Is Your Quality Assurance Program Ready for a CFPB Exam?
Since the creation of the Consumer Finance Protection Bureau (CFPB) in July 2011, the CFPB has had the authority to regulate non-bank mortgage originators. In January 2012, the CFPB published an update to the Supervision and Examination Manual titled Mortgage Origination Examination Procedures. More
Are You Ready for the New Identity Theft Regulations?
The federal financial services regulatory agencies have developed new rules and guidelines to require financial sector organizations, including the mortgage industry, to better protect consumers from identity theft.More
Are You Ready For the SAFE Act?
Mortgage fraud and predatory lending have filled the headlines for a decade. Those headlines, combined with the mortgage crisis that began in 2007, produced an outcry for tighter regulation of the mortgage industry.More