Get quick compliance decisions
Get quick pre- or post-closing compliance checks, which include our professionals’ advice on how to correct any issues. Focus Reviews check HOEPA, TILA, and RESPA tolerances, as well as ranking overall risk.
Guidelines we check
Every Focus Review is a multijurisdictional compliance audit review, covering:
- Home Ownership and Equity Protection Act (HOEPA) – Section 32
- State and municipal high-cost / anti-predatory laws and regulations
- Truth In Lending Act (TILA)
- Real Estate Settlement Procedures Act (RESPA)
- State consumer lending laws
- State licensing regulations
- Secondary market investor guidelines
- GSEs compliance guidelines
- Lender’s internal policies
How you can benefit from Focus Reviews
- Receive same day compliance decisions
- Get our professionals’ interpretation and advice on the results
- Have a great training tool to learn rules for:
- New regulations and changes (such as RESPA)
- What fees are considered allowable
- If dates are within guidelines
How the process works
After sending us a minimal amount of information from the 1008, 1003, GFE, and TIL, we will run the compliance check for you. Within a few hours, you will receive the report back with detailed analysis for each loan, including MCA’s interpretation and advice about how to correct any issues.
If we receive the necessary audit information before noon, we can have the report and interpretation back to you by 5:00 on that same business day. If we receive the information after noon, we will have the results back you before noon the next business day.
Get comprehensive compliance reports
- Loan-level summary reports supported by detailed analyses
- Industry baseline Risk Indicator
- Exception handling and reporting
- Exportable management reports
- Comprehensive compliance certificate
Note: You are ultimately responsible for the accuracy of the information you provide and for taking any necessary actions to comply with rules and regulations.
For more information or to get started, click an icon under “Contact Us” to the right or call 877-250-5243.
