An audit is a formal procedure for determining if a company’s compliance management system (CMS) is in conformity with federal legislation aimed to protect consumers from predatory lending. Internally, mortgage file audits function as quality control methods. These mortgage audits serve as an external validation for businesses that file reports with regulatory bodies, such as the Consumer Financial Protection Bureau (CFPB) and the Fair Housing Act (FHA).
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An audit is a formal procedure for determining if a company’s compliance management system (CMS) is in conformity with federal legislation aimed to protect consumers from predatory lending. Internally, mortgage file audits function as quality control methods. These mortgage audits serve as an external validation for businesses that file reports with regulatory bodies, such as the Consumer Financial Protection Bureau (CFPB) and the Fair Housing Act (FHA).
Mortgage Audits Online company have so many positive reviews that can only indicate how good they are at what they do and making life easier for their clients. Mortgage Audits Online helps homeowners find frauds on their mortgage loans and also does mortgage audits reports for their clients. The company is among the best in the industry and it’s a good thing you can easily access them online.
