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 Servicing Policies and Procedures Risk Assessment provides a framework upon which the risk related to the §1024.38 requirements for policies and procedures related to servicing mortgage loans is evaluated.
- Free Services
- Premium Services