Lenders Compliance Group®
Creating a Culture of Compliance®
MEMBER OF NATIONAL ORGANIZATIONS
ABA | MBA | NAMB | AARMR | MISMO | ARMCP | ALTA | IIA | ACAMS | IAPP | MERSCORP
Lenders Compliance Group provides comprehensive assistance in preparing a DE-Mortgagee (“Full Eagle”) or FHA Loan Correspondent (“Mini-Eagle”) for the HUD/FHA Quality Assurance Examination.
Preparation is critical to a successful examination!
Pre-Exam Preparation and Post-Exam Implementation
WE ARE ABLE TO CONDUCT
AN IN-DEPTH QUALITY ASSURANCE REVIEW
IN ANTICIPATION OF THE ACTUAL EXAMINATION
THAT WILL BE CONDUCTED BY HUD!
We will evaluate your FHA loan processes and provide immediate guidance to originating FHA loans in accordance with HUD’s guidelines.
HUD typically advises a DE-Mortgagee within 14 days of an actual on-site examination of your Single Family FHA mortgage origination activities, practices, and procedures.
You must be prepared: an unprepared mortgagee may face administrative actions!
Comprehensive Criteria
Underwriting Implementation
FHA Connection Data
UFMIP and Timely Payment & Recordation
Insuring NORs (Notice of Reject)
Neighborhood Watch – Delinquency & Default
Early Payment Defaults
Essential Analyses
Compare Ratios
National, Regional, Zip Code Comparisons
Early Defaults and Claims
Processing and Underwriting Referrals
High Risk Programs
Late Mortgage Insurance Premiums
Volumetrics
Industry Referrals
Delinquent or Incomplete Lender Data Reporting