Intro to Mortgage Origination Examinations - June 2022

13 Principles of Governance 1. Board’s Overall Responsibility 2. Board Qualification & Composition 3. Board Structure & Practices 4. Senior Management 5. Governance of Group Structure 6. Risk Management Function

13

13 Principles of Governance 7. Risk Identification, Monitoring & Controlling 8. Risk Communication

9. Compliance 10. Internal Audit 11. Compensation 12. Disclosure & Transparency 13. Role of Regulators

14