Web-based services have been launched and improved to help mortgage companies comply with a host of regulations. Meanwhile, one mortgage service provider has partnered with another to help home lenders survive an examination.
Weiner Brodsky Kider PC announced on Sept. 19 that its program to to help originators and servicers prepare for Consumer Financial Protection Bureau examinations has been enhanced through a partnership with Newbold Advisors LLC.
The Washington-based company says its examination readiness program simulates CFPB examinations to measure companies’ ability to detect, prevent and correct practices that may violate CFPB-governed statutes and regulations.
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From:: Financing