The country’s first full-service, mortgage risk management firms in the United States devoted to offering a full suite of services in residential mortgage banking, respectively, to banks and nonbanks, independent mortgage professionals, mortgage servicers, and service providers. These are national firms, specializing exclusively in legal and regulatory mortgage compliance guidance and mortgage banking services.
We provide complete or partial outsourcing of risk management with respect to the regulatory compliance function and its requirements. We are the first risk management firm in the country devoted exclusively to mortgage compliance that also provides a full complement of products and services in all areas of mortgage banking.
Our professionals have an average of 25 years in the residential mortgage origination industry, consisting of compliance executives, legal counsel, and former regulators who have created and implemented successful compliance programs. We are actively engaged in monitoring ever-changing laws and regulations that affect the industry.
Typically, our clients are Mortgage Bankers, Mortgage Brokers, Wholesale Lenders, Correspondent Lenders, Warehouse Banks, HUD/DE Mortgagees, FHA Loan Correspondents, Servicers, Subservicers, Credit Unions, Investors, State and Federally regulated Banks and their mortgage company subsidiaries, vendors and service providers.
For many clients, we provide a complete regulatory compliance program that includes risk assessments, as well as program development, implementation, and administration. For other clients, we supplement internal resources to find, address and provide Best Practices solutions to specific regulatory compliance issues. In either case, we serve as an objective and independent evaluator of current and proposed mortgage compliance procedures, to spot potential problems, and, when necessary, to suggest alternatives.
Our range of services includes federal and state mortgage compliance; legal reviews and remedies; HUD-FHA, federal, and state pre- and post-examination preparation; Fannie/Freddie/Ginnie applications; representation to the GSEs, federal and state regulators, HUD, VA, and USDA; mortgage quality control; forensic loan audits; mortgage servicing compliance; loss mitigation compliance; business and LOS development; vendor and service provider management; information technology and security; anti-money laundering audits; identity theft prevention program and Red Flags compliance; statutory licensing; policies and procedures guidance; and HMDA/CRA reviews; and a broad range of training courses.