Tag Archives: Compliance

Jerry McCoy, Senior Policy Advisor to The Collingwood Group, talked with MReport about the full circle of compliance and how the mortgage industry should be taking on these rules.

New regulatory requirements from government entities are completely changing the pace and manner in which the mortgage industry does business. Compliance has become the new focal point for lenders, servicers, and others in this space.

Ocwen’s Chief Compliance Officer, Michael Hollerich, sat down exclusively with MReport to discuss compliance trends in the mortgage industry and how the nonbank servicer is creating a revitalized culture of compliance.

Nationwide Title Clearing CEO, John Hillman, discusses with MReport how research and document service providers and third-party providers are adjusting their business practices to meet the needs of mortgage companies.

While 2015 was a prosperous year for lenders, a tougher mortgage market lies ahead in 2016. With the Fed hanging at least four rate hikes over the industry, this could place damper on origination business operations.

In the heavily-regulated mortgage environment we live in, appraisal compliance can easily become another tasks on a long list. Janice Buchele, SVP of Residential Operations at The William Fall Group explains how lenders can ensure that they are paying close attention to compliance efforts in appraisal operations.

DocMagic, Inc., a provider of fully-compliant loan document preparation, compliance, eSign, and eDelivery solutions, recently announced the development of a set of new reps and warrants for its calculations, documents, and data.

Although it may seem like large lenders are the only ones that are on top of their game, there is another group of institutions that are making their mark in the industry. Editor's note: This select print feature appears in the February 2016 edition of MReport magazine, available now.

As lenders gear up to attract new loan officers (LO), many have them are requesting unique or complex compensation plans. The real challenge lenders face is adapting their compensation plans to these requests, while complying with Consumer Financial Protection Bureau (CFPB) standards.

The Compliance Group, Inc., (TCG), a mortgage compliance and quality control services provider, has announced the hiring of Michelle Doyle as its new Director of Quality Control. Based in Carlsbad, California, TCG focuses on the compliance success of its clients, assisting financial institutions in mitigating risk and losses with its proprietary, patent-pending technology, and its core business solutions of compliance, quality control, and licensing.