Regulation X Error Resolution Risk Assessment

$50.00

The Regulation X Error Resolution Risk Assessment provides a framework upon which the risk related to the error resolution requirements related to mortgage loans is evaluated.

Description

Examiners expect all financial institutions to conduct and document a comprehensive, ongoing, institution-wide risk assessment. The Risk Assessment evaluates and rates inherent risk, the quality of controls and residual risk. Benchmarks are provided for each rating for each factor. The Regulation X Error Resolution Risk Assessment provides a framework upon which the risk related to the error resolution requirements related to mortgage loans is evaluated.

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