MBA Lauches New Certified Mortgage Compliance Professional Designation

Mortgage Bankers Association Education announced the creation of the Certified Mortgage Compliance Professional designation–and the opportunity to take the classes for designation’s first level at no charge in conjunction with MBA’s upcoming Regulatory Compliance Conference in Washington D.C.

“In the ever-changing but always complex regulatory environment of the real estate finance industry, the work of compliance professionals is critical,” said MBA Vice President and Regulatory Counsel Ken Markison. “This new designation will be the ‘gold standard’ to recognize the expertise of those who provide compliance advice in our businesses, one of the course designers.”

Markison noted compliance professionals do much more than making sure their business stays out of trouble. “Those who gain the CMCP designation must also demonstrate that they have are capable of managing compliance systems to protect consumers and also their businesses from liability,” he said.

The designation will include three levels, basic, intermediate and advanced. Each level will consist of 20-25 hours of course work. Level I is geared toward compliance professionals at the beginning of their careers, including junior compliance analysts, compliance specialists, junior QC analysts and QC analysts and regulatory or licensing specialists. The intermediate level will be aimed toward mid-level compliance professionals and the advanced level toward compliance managers.

Those who attend the “Sunday Compliance Essentials” sessions at the MBA Regulatory Compliance Conference 2017 September 17-19 in Washington, D.C. will be able to opt out of taking the Level I curriculum and can go straight to the Level I final exam. The sessions on Sunday are live versions of a portion of the Level I curriculum. To supplement what is offered on Sunday, attendees of the Essentials sessions also will receive complimentary access to the full

Level I curriculum to help prepare them for the Level I final exam. Once available, attendees of the Sunday sessions will only have to pay the Level I exam fee.

In addition to Markison, MBA Director of Regulatory Compliance Education Strategy Bart Shapiro, a leading expert in compliance, is developing the curriculum in collaboration with MBA’s Compliance Essentials Curriculum Advisory Council, which includes senior compliance professionals from MBA member companies

For more information, visit