CrossCheck Compliance LLC is a nationwide regulatory compliance and risk management consulting firm focused on providing regulatory compliance, internal audit, fair lending, loan review, due diligence, and litigation support services for the financial services industry. The firm’s professionals have deep regulatory understanding and operations experience to develop effective compliance strategies and deliver high impact outcomes for clients.
Our experts assist clients with successfully managing compliance risk. Whether consulting on specific regulatory requirements, review of your compliance program, or targeted assessments, we tailor engagements to meet your needs.
Our experienced internal audit consultants will execute all or a portion of your operational or compliance internal audit plan, develop the audit function, conduct a firm-wide risk assessment, or develop a risk-based internal audit plan.
Fair & Responsible Lending
Managing fair lending risk from loan application through servicing requires defined procedures, focus and vigilance. Data integrity management and analysis add to the risk management challenge. CrossCheck provides consulting solutions and internal audit services to assist with fair lending risk management.
Since the formation of the firm in 2008, CrossCheck Compliance has provided due diligence and loan review services to clients nationwide. Our due diligence services include portfolio acquisitions and rated securitizations. CrossCheck’s reviews of residential, commercial, and consumer loans have been used to support whole loan sales to private investors, purchases and acquisitions, servicing portfolios, non-performing loan audits, repurchase defense, quality assurance, and litigation support.
The requirements of regulators and investors require that lenders have the right processes and procedures in place to mitigate all types of risk including credit, regulatory, and reputational risks. Our experienced team helps our clients identify and better understand the risk inherent in residential loans, other consumer loan products and commercial loans.
CrossCheck provides litigation support and expert testimony on a variety of issues surrounding mortgage lending, mortgage servicing, and regulatory compliance. Our expert reports and testimony have addressed conformance to underwriting standards in mortgage-backed securities, repurchases, loan modifications, and alleged predatory lending. Our executive team’s deep experience and day-to-day involvement in the issues facing financial institutions allow us to provide the most credible expert testimony.
We partner with all the following types of clients:
We Are Change Leaders
With the release of regulations implementing Section 1071 of the Dodd-Frank Act, compliance officers are gearing up for this monumental change in the small business lending process. This updated article, We Are Change Leaders: Adapting and Advancing in the Evolving Financial Services Landscape, originally published in ABA Bank Compliance, details the compliance officer’s role in managing… Read more »Read More
How Healthy is Your Fair Lending Program?
How prepared is your credit union for a fair lending examination? NCUA’s 2023 Supervisory Priorities make it clear that examiners will review policies and practices for steering or loan pricing discrimination risk factors. Examiners will also assess a credit union’s policies and practices related to residential real estate appraisals. Now is a good time to… Read more »Read More
ABA Bank Compliance – Closing the Gap
In the March/April issue of ABA Bank Compliance, Jim Jorgensen authored this article entitled Closing the Gap – Advancing the next Generation of Compliance Leaders. This is a topic of discussion in many organizations. How can you prepare the junior staff to be ready to take on the responsibilities expected by the board and senior… Read more »Read More
ABA Bank Compliance – Buckle Up! Indirect Automotive Fair Lending Risks Ahead
In the January/February issue of ABA Bank Compliance, Liza Warner authored the article, Buckle Up! Indirect Automotive Fair Lending Risks Ahead. Both bank and non-bank lenders face regulatory scrutiny surrounding the indirect automotive lending sector. In the article, Liza discusses how to spot the red flags or risk indicators in this type of lending and… Read more »Read More
Risk Management of Third-Party Relationships
In the Utah Banker Magazine, Tracey Levandoski authored an article entitled, Risk Management of Third-Party Relationships. Third-party risk management continues to be an increasing regulatory focus as indicated by the proposed Interagency Guidance on Third-Party Relationships: Risk Management. Understanding the details of sound risk management outlined in the proposed guidance and enhancing your third-party risk… Read more »Read More
- MBA Course – Managing Consumer Complaints for Compliance Professionals
- MBA HMDA Courses Available – MBA’s CMCP Curriculum
- American Bankers Association (ABA) Reference Guide to Flood Compliance
- ABA 32nd Edition of the Reference Guide to Regulatory Compliance Now Available
- CrossCheck Compliance LLC Added to DBRS Morningstar List
Speaker EngagementsView All
Past Speaking Engagements
- Flood Insurance Webinar
- California MBA – Legal Issues and Regulatory Compliance Conference 2022
- MBA Webinar – Ensuring HMDA Data Integrity and Common Reporting Issues
- American Financial Services Association (AFSA) 2022 Annual Meeting
- Chicagoland Compliance Association Annual Conference 2022