Mortgage compliance is difficult - not rocket science, but a difficult and costly undertaking.
With TRID, TILA, RESPA, ECOA, HMDA, mortgage compliance is full of regulatory acronyms. But, what about your ROI? It’s not so easy to achieve when you
consider the costs associated with mortgage lending compliance, but offering a suite of mortgage products is almost necessary to retain and grow your customer base.
Our Program is the most cost effective way to achieve mortgage lending compliance and still offer your customers mortgage products needed for customer retention.
Look to Embrace for:
• Dedicated compliance and training staff
• LOS and document delivery systems with compliance controls
• Compliance support in regulatory examinations
• A full suite of customized reports for audit and compliance purposes
• HMDA reporting support
• Servicing compliance
“Earlier this year, the FDIC and MA Division of Banks conducted a compliance examination of Rockland Trust Company. Among many areas of focus, the examiners were particularly attentive to our residential mortgage process…. It’s been clear to me and my team that the Embrace Home Loans correspondent relationship has helped us elevate our residential mortgage compliance program. I’m thankful that the examiners reached the same conclusion.”