Mastering CFPB Mortgage Audits: Key Facts to Safeguard Your Business from Penalties

🔍 Unlocking CFPB Audits: Understanding the Supervisory Relationship | Mortgage Compliance Insights 🏡🔐

Curious about what triggers a CFPB Audit? This video dives deep into the supervisory relationship that may come into play, shedding light on the factors that make a Mortgage lender, Mortgage Broker, or any company dealing with consumer financial products a potential target.

🔍 Video Highlights:

🕵️ CFPB Audit Triggers: Uncover the key elements that catch the attention of the Consumer Financial Protection Bureau, demystifying the audit initiation process.
🏦 Supervisory Relationship: Understand the dynamics of the supervisory relationship and what to expect in case of a CFPB Audit.
📜 Compliance Training Essentials: If you're in the mortgage industry, learn about the 18 laws under the Federal Consumer Protection Act and AML/BSA training requirements crucial for your team's compliance.
💼 Mortgage Lenders and Brokers, Take Note:

🎓 Staff Training Importance: Discover why training your entire staff based on their roles is imperative for compliance.
📞 Contact Us for Comprehensive Compliance Training: Ensure you're covered on all compliance fronts by reaching out to our office at 317-566-0425. Explore how our MyComplianCE program can save you money without compromising on compliance needs.
💸 Saving in Today's Market: In today's market, saving money without cutting compliance corners is a necessity. Learn how to navigate low margins and volumes efficiently.

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Unlock the secrets of CFPB Audits and fortify your compliance strategy. For all your mortgage updates and insights, subscribe now! 🏡🔒 #CFPBAudit #MortgageCompliance #MortgageUpdates #MyComplianCE

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