Providing Mortgage Quality Control
Plan templates and Mortgage Policies and Procedures to help you comply with Federal Laws
and Agency (Fannie Mae/ Freddie Mac, FHA, HUD, GNMA) requirements.
Updates
5-13-13 - FNMA QC Plan Evaluation - Check
the blog for a free QC Plan Analysis Worksheet from FNMA
5-7-13
- CFPB Updates In Process -
Much was
anticipated, but no process changes required by ATR rule. Compliance
module will be updated to reflect ATR as part of Dodd-Frank. (Effective
1/17/2014) Individual compensation arrangements may be affected. Still
awaiting QRM and RESPA-TIL
disclosure revision.
9-14-12 CFPB
Fair Lending Focus - Capital One
settlement shows importance of Fair Lending Plan, Training and Compliance
Written Mortgage
Quality Control Plan, Policies, Procedures
or Training Programs - Within 24 Hours
Writing and
implementing written procedures represents one of the
most time consuming
and costly tasks facing compliance managers, operations
executives or line business managers. Whether a quality
control plan, business management system, policies, procedures
manual, or training program, writing from scratch can be a painfully
time-consuming process. We provide industry standard
documentation for you to customize to match your company's
practices.
