Regulation X Servicing Policies and Procedures Risk Assessment

$50.00

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.

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 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.

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