Risk Assessment - Best Practices

We review the practices of your mortgage origination and processing operation and assess the risk of fraud and impropriety from an internal standpoint.

"80% of all fraud losses involve colaboration or collusion of industry insiders."

• Areas Reviewed

• Origination - Do they cut corners or take short-cuts out of laziness or because they are overworked?

• Professionalism - this is how your originators represent themselves and their company to their clients and referral sources, as well as the other parties involved in the loan process.  This includes underwriters, processors, appraisers, real estate agents, closers and wholesale account reps.

• Customer interaction - do your loan officers give their borrowers too much advice?  Do they "steer" their client into products that are not the right fit (is this because they lack knowledge of your complete offering of loan products?).