Mortgage compliance services provider The Compliance Group Inc. (TCG), now offers services supporting mortgage lenders’ adaptation to the Consumer Financial Protection Bureau’s (CFPB’s) Compliance Management System (CMS) requirements. As outlined in the CFPB’s Supervisory Highlights: Fall 2012, released Oct. 31, 2012, the CMS mandate requires mortgage lenders to implement and maintain a systematic approach to compliance including policies, procedures, and training that demonstrate commitment to key elements of consumer protection and risk management.Click to continue
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