CrossCheck Compliance LLC, headquartered in Chicago, is a nationwide consulting firm providing regulatory compliance, internal audit, fair lending, loan review, and litigation support services exclusively to the financial services industry. Our experts adeptly identify the needs and challenges of our clients, having held similar positions as compliance officers, internal auditors, general counsel, outside counsel, regulators, underwriters, and consultants. Through a combination of deep experience and financial services expertise we are able to tailor solutions that fit each client’s size, complexity, and business needs.
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 are prepared to assist you with full outsourcing of the internal audit function or targeted audits of operational or compliance risk areas. We can also assist you with audit function development, internal audit charter development, a firm-wide risk assessment, and development of a risk-based internal audit plan.
Our fair lending team can support your fair lending needs by providing advisory, consulting, and audit services to address and recommend solutions for fair lending risk management and Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) data integrity.
Our commercial loan review services are designed to assist clients with objectively identifying and quantifying portfolio risk and assessing the adequacy of processes for monitoring and addressing credit quality.
We help our clients identify and better understand the risk inherent in mortgage loan originations and acquisitions as well as other consumer loan products.
We partner with all the following types of clients:
In the January/February 2021 issue of ABA Bank Compliance, Liza Warner provides insight into how a bank can use the results of the March 2020 Consumer Financial Protection Bureau (CFPB) Consumer Response Annual Report as a reference point to analyze its own complaints. In 2019, the period covered by this report, there were over 350,000… Read more »Read More
If you are looking for more information about implementing a consumer complaint response process, there is a new resource available through the MBA’s education program. Managing Consumer Complaints for Compliance Professionals, is a new course that Heidi Wier worked on with the MBA. This course presents foundational concepts to help companies improve their consumer complaint… Read more »Read More
In the Fall 2020 issue of California Mortgage Finance News, Monika McCarthy authored an article entitled, Combating Current Legal Threats, Tips for Mortgage Lenders and Servicers. She addresses three key threats that have emerged since the pandemic that impact California mortgage lenders and servicers: 1) fair servicing issues, 2) fair lending issues, and 3) the… Read more »Read More
CrossCheck Compliance was honored to have its managing director, Heidi Wier, work with the MBA to develop Mastering HMDA Data for Compliance Professionals. This course is available as a standalone course or as one of the 12 courses in the MBA’s Level II Certified Mortgage Compliance Professional Certificate and Designation (CMCP) curriculum. For more information… Read more »Read More
In the November/December issue of ABA Bank Compliance, Jim Treacy addresses how banks can build an appropriate BSA/AML/OFAC Compliance Program. Jim covers performing an enterprise-wide BSA/AML/OFAC risk assessment, as well as developing a customer risk profile for each individual money service business (MSB). He also describes ongoing monitoring of MSB customers and MSB red flags… Read more »Read More
- CrossCheck Compliance LLC Added to S&P Global Ratings List of Third-Party Due Diligence Firms
- American Bankers Association (ABA) Reference Guide to Regulatory Compliance
- CrossCheck Compliance Added to Kroll Bond Rating Agency List
- Sovereign – CrossCheck Compliance Agreement
- Debbi Roberts Announcement
- HMDA: Submit With Confidence, Keys To Successful Data Integrity
- California MBA Legal Issues and Regulatory Compliance Conference
Past Speaking Engagements
- Mortgage Bankers Association (MBA) Regulatory Compliance Conference
- Utah Bankers Virtual Compliance Conference
- Utah Bankers Association Compliance Conference – Fintech Compliance Session
- ACUMA Virtual Conference – Quality Control Panel
- Common Compliance Findings – TRID & Beyond