CFPB Examinations: Understanding Procedures, Ensuring Compliance
Course Description
This course highlights the portion of the Manual dedicated specifically to examinations of mortgage professionals, breaking down those procedures step by step. From the start of the examination process to the final outcome, this course helps students to understand the goals of a CFPB examination, each step involved, and potential results. This course allows mortgage originators to gain a clearer understanding of what they may expect if they face an examination and highlights the importance of maintaining day-to-day compliance to ensure positive examination results, a successful and compliant business, and, most importantly, a low level of the potential risk to consumers.
30 Minutes
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