Examination Preparation - New York State
New York State Examinations can be very intimidating, especially for smaller companies: all are expected to have a complete set of operating procedures and policies.
In 2015, New York State Banking Department issued a set of very helpful guides for mortgage industry participants. For Mortgage Bankers
While a complete set of operating policies may seem like overkill for the small mortgage broker, there are a minimum set of procedures that you will want to have in place. We have packaged them especially for the small broker right here.
Audit Package Service
In order to help facilitate the broker's examination process, we will assemble all of the required policies and procedures, in the order and format that the state requests, and provide you with a "ready to submit" package of information for your regulator.
Obviously, you will still have to assemble all of the material relative the examination of your loan files and physical operation.
Our service is covered by our guarantee.