Has Your Client Received A Consent Order?
Articles by: Richey May, Jun 11, 2020
Mortgage companies with a Consent Order are required to find a CPA to perform a third-party audit within 30 days.
If your client has received a consent order, they have been struggling with a compliance issue.
Mortgage companies often look to their trusted legal partners to determine their next move.
State agencies typically provide mortgage companies with a 30-day period to secure third-party audit service before releasing the consent order publicly.
Your clients will be concerned about:
- Finding a trusted partner with industry expertise
- Ongoing monitoring of the situation (as required by the agency and beyond)
- Reducing reputational damage, particularly with compliance issues related to customer, employee or vendor data
- Achieving long term compliance
Our dedicated team of auditors and CPAs are specialized in the mortgage industry. We deliver a high-quality audits on schedule, as needed by agency requirements.
More importantly, we focus on ensuring company leaders understand their audit results. Our deep industry knowledge enables us to help leaders search for and correct compliance issues, which can often be complex and interrelated. Contact us to learn more about our services for mortgage companies with consent orders.