Legal Seminar, Chicago, IL

Improvements to the Examination System

• State regulators are in the process of creating a State Examination System (SES) to bolster the supervisory processes for nonbank mortgage examinations.

• SES will be an end-to-end examination management system • Shifting from manual to automated information sharing.

• Risk focusing component: focus examinations based on risk characteristics • Enable smoother operation of enforcement and investigation workflows through a uniform system. • Facilitate the creation of best practices and foster standardization.

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Compliance Technology