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.
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:
In Issue 2 of Utah Banker, CrossCheck Compliance LLC Manager John Pace, CRCM authored an article titled Dodd-Frank Section 1071: Objects in Mirror Are Closer Than They Appear. This article explores the compliance impacts for financial institutions since the passage of Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires… Read more »Read More
A strong compliance culture creates a work environment where employees understand how and why they do what they do. It also helps banks and other organizations maintain the trust of customers and stakeholders and avoid regulatory, legal, and reputational risks. Heidi Wier authored a new article in the July/August issue of ABA Risk and Compliance,… Read more »Read More
In the inaugural issue of ABA Risk and Compliance, formerly known as ABA Bank Compliance, Sara McGinnis authored a new article, Understanding the Complexities of Enterprise Risk Management, A Guide for Compliance Professionals. This article reflects the industry transformation taking place as banks break down the silos between risk management and compliance functions due to… Read more »Read More
Tracey Levandoski is the author of this new white paper, Building Your Defenses: Compliance Management for First-Line Operations. Many banks have moved to three lines of defense (3LOD) governance model, even if they are not yet required to because of their asset size ($50 billion or more). In the 3LOD model, the business lines (1LOD),… Read more »Read More
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
Courses and Guides
- ABA 33rd Edition of the Reference Guide to Regulatory Compliance
- MBA Course – Managing Consumer Complaints for Compliance Professionals
- MBA HMDA Courses Available – MBA’s CMCP Curriculum
- ABA Reference Guide to Flood Compliance – 1st Edition
- ABA 32nd Edition of the Reference Guide to Regulatory Compliance Now Available
- CrossCheck Compliance LLC Added to DBRS Morningstar List
- CrossCheck Compliance LLC Announces New Partners
- CrossCheck Compliance Added to Fitch List of Third-Party Review (TPR) Firms
- Sara McGinnis Joins CrossCheck Compliance as Director
- Promotion of Tracey Levandoski to Managing Director
Speaker EngagementsView All
Past Speaking Engagements
- 2023 UBA Fall Compliance Conference
- Tri-State League of Financial Institutions – Flood Training
- 2023 Chicagoland Compliance Association Annual Conference
- Central Florida Compliance Association 2023 Annual Conference
- MBA Webinar – Using Data Analysis as Part of a Strong Fair Lending Compliance Program