Thursday, September 9th, 2010

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Mortgage Operations Health Check

Self Testing For Federal Compliance

The Mortgage Operations Health Check is a straight forward, factual assessment of regulatory and operational risk. Created for mortgage brokers and lenders, the “Health Check” is essentially a self audit tool that can be used by managers and quality control staff to assess and track compliance with federal regulation and key operations. This valuable measuring and monitoring tool allows management to:

* Engage personnel in compliance improvement
* Understand specific functions that need to be improved or changed
* Track process and compliance improvement on a regular basis
* Stay up to date on federal compliance requirements as the Health Check is automatically updated when laws are changed