Compliance, Risk Management Vet Joins CrossCheck Compliance

Loretta Kirkwood, an executive with experience in regulatory compliance and risk management, has taken a managing director role at ""CrossCheck Compliance, LLC"":http://www.crosscheckcompliance.com/, the Chicago-based company announced.

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In her position, Kirkwood--an expert an bank regulation, operations, and technology--will expand CrossCheck's regulatory consulting practice in fair and responsible lending. She will also consult with clients on Consumer Financial Protection Bureau (CFPB) readiness, the Home [COLUMN_BREAK]

Mortgage Disclosure Act (HMDA), and the Community Reinvestment Act (CRA).

""We are very pleased to have Loretta join our management team,"" said CrossCheck president and CEO James Jorgensen. ""With more than 30 years of experience in the financial services industry and a formidable background in fair and responsible lending policies and procedures, Loretta is the perfect fit for CrossCheck, which serves as a trust advisor to our clients in this practice area.""

Kirkwood joins CrossCheck from BancSolutions LLC and has worked for several consulting and software firms in the past. In addition, she works directly with regulators and other enforcement agencies to develop corrective action plans for better risk management practices at banks and mortgage companies.

""I work with banks and mortgage companies every day, and we help them understand and navigate the increasingly complex world of regulatory compliance,"" Kirkwood said. ""I am delighted to become part of this well-respected and collaborative team of compliance specialists.""