Compliance for Mortgage Lenders
Michelle Doyle
Principal
Jim McCracken
Director
Kevin Schalk
CPA
Principal
Janet Twombly
Director
Build a compliance and quality control foundation
The key to a successful mortgage enterprise is to establish a proficient compliance and quality control foundation. With Baker Tilly as your compliance advisor, we can provide mortgage compliance support that is multifaceted and can be customized depending on your needs. We frequently assist our clients in many areas, including but not limited to:
- Multistate audit preparation/response
- Regulatory compliance reviews
- MERS annual report review
- Internal audit
- Customized policy and procedure review
- Third-party external compliance audits
- Federal compliance support
- Compliance reviews with an emphasis on various regulations including, TRID, RESPA, TILA, ECOA, HMDA, privacy, etc.
- Fair lending analysis
- AML programs
Monthly compliance support
Baker Tilly’s outsourced mortgage compliance services are designed for companies seeking ongoing support in meeting their internal and external compliance demands. Based on each client’s unique needs, we operate as an extension of your organization by executing the agreed-upon compliance program and providing monthly support, updates and feedback to your organization.
We also provide you with access to our staff of qualified compliance specialists to address various compliance questions.
These services are also offered a la carte, allowing you to build the outsourced compliance program that fits your needs and budget. Baker Tilly can support all compliance components related to the financial services industry, depending on the client’s needs and staffing.
Compliance audit preparation services
Being prepared for regulatory audits is critical to a successful audit outcome. Baker Tilly can help. We base part of our core internal mortgage compliance audit program on audit recommendations provided by Fannie Mae — by far one of the most comprehensive in the industry, while modifying the audit to meet the distinctive requirements of the regulatory agency performing your forthcoming audit. Baker Tilly’s mortgage compliance team also reviews all departments within your origination and servicing operations to determine if any compliance deficiencies exist.
Our staff have experience in the vast array of regulations covered by regulatory agencies and can provide recommendations for changes to processes, as well as policies and procedures for adherence with these regulations.
Connect with our Value Architects™ to find out how we can tailor a compliance program to meet your needs.