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Tag Archives: Audit

FHFA Director Thompson Announces Agency Review

Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson has declared that a top-down review of the agency will begin later this year in order to make sure the Federal Home Loan Banks are positioned to meet the needs of ...

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MQMR Hires Jeff Christensen

In his role as VP Sales at MQMR, Jeff Christensen will be responsible for leading sales, driving new business opportunities and expanding brand awareness.

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The Benefits of Perfecting Loan Collateral

The right documentation can increase the portfolio value of servicers. During a webinar on Tuesday, experts gave insights into how perfected collateral could help servicers increase their profits and establish best practices in mortgage loan servicing.

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CRFS Expands Service Offerings

The additional offerings complement CRFS' claims processing solutions platform, allowing clients to choose from a comprehensive menu of Consulting services based on their unique business needs.

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Looking for a Universal Solution

Law firm audits cost servicers millions of dollars annually while the firms spend tens of thousands of dollars per audit in employee time. The irony is that the bulk of the information requested is the same, so why hasn’t the industry been able to come up with a universal solution? It turns out the answer is already here.

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Nationwide Title Clearing Offers Auditing Consistency Webinar

Nationwide Title Clearing, a research, audit, and document processing provider to top financial institutions and investors in the residential mortgage industry, will conduct a free webinar on Thursday, July 23, from 2 to 3 p.m. Central time to highlight the importance of consistency in third-party oversight and audits.

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SIGTARP Investigations, Audit Teams Receive Awards for Excellence

The investigations team and the audit team of the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), in conjunction with federal partners, were recognized for excellence by the Council of the Inspectors General on Integrity and Efficiency (CIGIE), SIGTARP recently announced.

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Audit Finds CFPB Can Improve ‘Efficiency and Effectiveness’

The Office of Inspector General (OIG) for the Federal Reserve System released an executive summary outlining an audit performed on the Consumer Financial Protection Bureau (CFPB) to assess the bureau’s operational efficiency and effectiveness. The OIG noted the difficult task associated with the creation and implementation of the new agency; however, the OIG found that improvements could be made.

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OIG: Mortgage Fraud Not a Top Priority at DOJ

An audit performed by the U.S. Department of Justice Office of the Inspector General (OIG) found that mortgage fraud wasn't prioritized as highly as claimed in public statements by the Department of Justice. The audit was released by Michael Horowitz, Inspector General.

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