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MBA Launches Compliance Essentials Series

Van Raaphorst, Rob
The Mortgage Bankers Association launched of a new compliance program to help companies in the mortgage finance industry navigate their businesses through new compliance rules recently released by the Consumer Financial Protection Bureau.
 
MBA Compliance Essentials: Education for our New Mortgage World includes a series of webinars and related compliance guidebooks that will provide companies with the foundation of essential policies and procedures necessary upon which to build their own compliance programs.

“We are pleased that through CampusMBA we can offer comprehensive, top-notch guidance and training for compliance executives at our member companies,” said MBA President and CEO David Stevens. “This offering is particularly important for our smaller, community-based lenders facing a daunting new regulatory landscape. The CFPB Supervision and Examination Manual is more than 900 pages long and covers thousands of pages of regulations. The MBA Compliance Essentials program will be a much needed resource to companies that must build compliance management systems to comply with these new regulations.”
 
Materials for this program are being developed in collaboration with expert legal counsel from leading mortgage banking law firms and is available to both MBA member and non-member companies.

Initial program components include:

Building a Compliance Program (webinar only), March 11:
http://www.campusmba.org/ProductsandServices/ProductsbyFocusArea/ComplianceProgram.htm.

Vendor Management, March 20:
http://www.campusmba.org/ProductsandServices/ProductsbyFocusArea/ComplianceVendorManagement.htm.

Fair Credit Reporting Act, March 26:
http://www.campusmba.org/ProductsandServices/ProductsbyFocusArea/ComplianceFCRA.htm.

Consumer Complaints/HPA, March 29:
http://www.campusmba.org/ProductsandServices/ProductsbyFocusArea/ComplianceConsumerComplaints.htm.

Loan Originator Compensation, April 9:
http://www.campusmba.org/ProductsandServices/ProductsbyFocusArea/ComplianceLOComp.htm.
 
CampusMBA offers both online and classroom educational programs covering a wide range of real estate finance interest areas. In addition, it offers premier certifications and designations to the industry. These programs are currently available in residential underwriting, loan origination and servicing, as well as in commercial servicing. CampusMBA is also the exclusive provider of the Certified Mortgage Banker (CMB) designation, the industry standard in professional success.
 
For more information, visit
http://www.campusmba.org/ProductsandServices/ProductsbyFocusArea/ComplianceEssentials.