Over the past two decades, regulatory and investor guidelines have become much more nuanced. In addition, maintaining on-going compliance to the rules and audit guidelines has been challenging given servicers’ day-to-day responsibilities. Servicers have had to become more agile and look for ways to update processes and implement changes quickly to reduce the risk of non-compliance.
Tag: Compliance
Rhonda McGill of PerformLine: Mitigating Compliance Risks in the Mortgage Industry
Each quarter, PerformLine hosts a regulatory compliance roundtable for the mortgage industry that gathers mortgage professionals to have open and productive conversations about the challenges they’re facing in the regulatory environment and best practices for ensuring compliance and consumer protection.
Rhonda McGill of PerformLine: Mitigating Compliance Risks in the Mortgage Industry
Each quarter, PerformLine hosts a regulatory compliance roundtable for the mortgage industry that gathers mortgage professionals to have open and productive conversations about the challenges they’re facing in the regulatory environment and best practices for ensuring compliance and consumer protection.
Rhonda McGill of PerformLine: Mortgage Industry Compliance Concerns, Best Practices
Rhonda McGill is Senior Director of Client Solutions with PerformLine, Morristown, N.J.
Rhonda McGill of PerformLine: Mortgage Industry Compliance Concerns, Best Practices
Rhonda McGill is Senior Director of Client Solutions with PerformLine, Morristown, N.J.
8 Common Fair Lending Compliance Myths Debunked
Michael Berman is Founder & CEO of Ncontracts, Brentwood, Tenn. Ncontracts provides integrated risk management and lending compliance software to a rapidly expanding customer base of over 4,000 financial institutions, fintechs and mortgage companies in the United States.
Carolyn Thomas of KHA Alpine Advisor: Business Volumes Demand Efficient Solutions to Your Accounting and Compliance Needs
To many mortgage business owners, the cost of employees can be a significant portion of their business budget. It can also make a significant impact on the success or failure of their business. It’s in this area that experts within the mortgage industry can help you make better decisions by providing you with expertise and services that can streamline your financial management.
Kebra Rhedrick of Wipro Opus Risk Solutions: Learning from the Best–The Notification Rule
The Notification Rule establishes notice requirements for banking organizations and certain bank service providers when they experience computer-security incidents that rise to the level of notification incidents. Since notification is required before the organization may fully assess the incident, the notification requirement mainly focuses on what is affected. A prudent institution would identify systems and information that trigger the rule in advance.
Joe Camerieri of Mortgage Cadence: The High Cost of Loan Origination Inefficiency
Efficiency is the first key to cost cutting in any process. In our business, we also must consider staffing and streamlining the tech stack, but efficiency is always a top priority
Rhonda McGill of PerformLine: Marketing Compliance Trends for the Mortgage Industry
As part of our 2022 State of Marketing Compliance Report, we surveyed mortgage compliance leaders on their organizations’ marketing compliance practices for insights into trend information on the depth of compliance programs, concerns and challenges. Here are the top trends and stats that mortgage companies should know in 2022.