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 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
In this article, published in the Utah Banker, Tracey Levandoski discusses the risks to consider and the decisions to be made as banks accelerate their digital strategies through partnerships with fintech lenders. In addition to reviewing the regulatory guidance for managing third-party risk, she addresses the evaluation process in terms of lending experience and expertise… Read more »Read More
In the September/October issue of ABA Bank Compliance, co-authors Jim Shankle and Brad Teplin address the importance of establishing internal monitoring systems for servicing. The article includes a comparison of quality assurance and quality control as well as considerations for reporting results and exceptions, the regulatory change control process for servicing, servicing transfers and loan… 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
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