Intro to Becoming an MMC EIC eBook

Internal Use Only

Multistate Mortgage Committee (MMC) MMC Efforts: • Continuously works to improve multistate supervisory & exam process • Recent projects include implementing the Mortgage OCOE Protocol, revising the MMC Mortgage Examination Manual, condensing the MMC Report of Examination, & developing uniform mortgage exam programs & standards for all single state & multistate exams conducted through SES • Goal is to transform a 50-state supervisory system into a nationwide, networked system using common policies, practice & standards to prioritize exams based on risk & resource availability

Internal Use Only

Multistate Mortgage Committee (MMC) How is the OCOE EIC Chosen? • MMC is responsible for selection of lead state agency (must participate) who then assigns the EIC • EIC role is the most significant role on an OCOE • Must be a skilled mortgage examiner with multiple years of experience • Must have active SES user account and experience with SES • Expectation is each state agency should commit to EIC or SPOC at least every third year • MMC will track agency involvement to ensure active participation