Course Introduction: The establishment and oversight responsibility of a financial institution’s compliance management system lies with the executive management team and board of directors.
The Board and management team is tasked with the responsibility for providing:
The objective of this course is to provide supporting insight into the scope of these responsibilities. The course provides a summary of the consumer protections dictated by Federal legislation specifically as it pertains to mortgage loan origination. It is designed to prepare the management team and the Board of Directors to be proactively positioned and responsive when a CFPB audit of their organization occurs.